Ref : SEC/EGM/135 2nd April, 2016
TO MEMBERS OF THE COUNCIL
Sub: Record note of the Extra-ordinary General Meeting (EGM)
Please find below the Record Note of the Proceedings of the Extra-ordinary General Meeting of the Council held on Thursday, 31st March, 2016 at 2.00 P.M. in the Committee Room of the Council at Resham Bhavan, Veer Nariman Road, Mumbai- 400 020, for your information.
V. ANIL KUMAR
EXECUTIVE DIRECTOR CUM SECRETARY
Minutes of the Extraordinary General Meeting of the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) held on Thursday, 31st March, 2016, at the Registered Office, ‘Resham Bhavan’, 78, Veer Nariman Road, Churchgate, Mumbai - 400 020.
The Members noted that Council has received only one nomination for the post of Vice Chairman, which was scrutinized by the Election Committee and declared valid nomination. Further, being a single valid nomination no election was required to be held although, the Council had nominated NDSL for e voting if more than one nomination had been received.
Accordingly, Shri Sri Narain Aggarwal has been elected unopposed as Vice Chairman of SRTEPC. Thus, completing the implementation of para 2.92 of the Handbook of procedures of FTP 2015-20.
Shri Sri Narain Aggarwal, Vice Chairman was requested by the members to chair the meeting in absence of the Chairman, SRTEPC. Shri Aggarwal welcomed all the members present and the resolution was read and unanimously passed by the members as follows:
RESOLUTION FOR ADOPTION OF AMENDED ARTICLES OF ASSOCIATION
“RESOLVED THAT pursuant to section 14, 114 and 117 of the Companies Act , 2013 and other applicable provisions and sections , if any , of the Companies Act, 2013, the Regulations contained in the existing Articles of Association of the council, be and are hereby replaced with the new set of Articles of Association of council, a copy of which is placed before the meeting and duly initiated by the Chairman for the purpose of identification and that the Regulations be incorporated in the Articles of Association of the Council and shall be binding on the members of the Council and others and shall be effective from 31st March, 2016.
“FURTHER RESOLVED THAT for the purpose of giving effect to this resolution, Chairman of the Council be and is hereby authorized, on behalf of the SRTEPC, to do all acts, deeds, matters and things as deem necessary, proper or desirable and to sign and execute all necessary documents, applications and returns for the purpose of giving effect to the aforesaid Resolutions along with filing of necessary E-forms with the Registrar of Companies, Mumbai.”
The Scrutinizer of the e-Voting Ms. Nishi Jain, Company Secretary unblocked the results before the present Members and declared the results as 19 Members e-Voted and all were in favour of the resolution.
The meeting ended with vote of thanks to the Chair.
(V. ANIL KUMAR)
EXECUTIVE DIRECTOR CUM SECRETARY
LIST OF MEMBERS WHO ATTENDED THE EGM
1. Shri Sri Narain Aggarwal, Prafful Exports
2. Shri Rakesh Mehra, Banswara Syntex Limited
3. Shri Ambuj Kasliwal, S. Kumars Nationwide Ltd
4. Shri Aziz Valiulla, Kausar Textiles
5. Shri Dinesh Modi, LA-Trendz Fabrica Pvt. Ltd..
6. Shri Ronak Rughani, Rughani Brothers
7. Shri Vinod Kumar Singal, Aakash Textiles Exports Pvt. Ltd
8. Shri Ravi Mehra, Vijay Silk Mills Ltd