ICCC Special General Meeting

18 Aug 2016 6:00 PM | Anonymous

 ICCC Special General Meeting

 

Two crucial resolutions passed

 

 New bylaws adopted

New auditors appointed

 


ICCC board members with Mr. Ajit Khanna

Toronto: Ninety-five percent of the members who participated in the voting approved of the adoption of the new bylaws of the Indo-Canada Chamber of Commerce (ICCC), and slightly over 95 percent of them voted in favour of the appointment of Collins Barrow as the Auditors of the Chamber at the Special General Meeting (SGM) held Thursday 18 August 2016 at the ICCC headquarters in Toronto.

Over 50 members of the Chamber were present at the SGM that was held to approve these two resolutions. Former President of the ICCC Ajit Khanna was the Returning Officer of the SGM, and he announced the results after the online voting closed at 7:00 pm. Eight members present had not voted online, and were provided the opportunity to vote on ballot paper.

Pathik Baxi, Corporate Secretary and Vice President of the ICCC, chaired the meeting, and answered questions of the members pertaining to the new bylaws. Ajit Khanna, who is also chair of the governance committee of the Chamber, lauded the efforts of the incumbent board in ensuring that the new bylaws were passed. He said that the previous two boards had also worked on this agenda, and the passage of the bylaws reflected the aspirations of both the members and stakeholders about the transformation required in the Chamber’s operations.

In his remarks, Sanjay Makkar emphasized that the incumbent board had taken into account opinions of as many members as possible to draft the new bylaws. He said the old set of bylaws had stood the test of time and had served the Chamber well for more than two decades. But the changing operational realities had necessitated a new set of bylaws. Makkar also said that the bylaws would also be a commencement of a process of transformation which would involve creating policy documents that would envisage formulations of procedural regulations for the conduct as office bearers of the institution.

He thanked the contributions of both Ajit Khanna and Imtiaz Seyid, the audit committee chair, who is instrumental in spearheading the audit of the Chamber’s finances for the last decade. Makkar said that the governance, audit and nomination committees have become mandatory and permanent, and would continue to do good work.

Pathik Baxi called for the meeting to be concluded after the agenda had been achieved.

 Download new bylaws

 ICCC New Bylaws