Nepal | July 07, 2020

FNCCI to hold annual meet, election on August 10, 11

Himalayan News Service
Share Now:


The annual general meeting (AGM) and the executive committee election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), which was delayed due to the spread of COVID-19, has been slated for August 10 and 11.

As per FNCCI, the executive committee meeting of the organisation held on Monday decided to hold the organisation’s AGM on August 10 and the election of the new executive committee on August 11.

Initially, FNCCI had prepared to host its AGM on April 10. However, the date was deferred to May 20 due to the unfavourable circumstances created by COVID-19. Then as the lockdown prolonged, FNCCI could not hold its AGM even on the given date.

The FNCCI leadership was then criticised for delaying the AGM and its members had been pressurising the leadership to announce the AGM date.

As per FNCCI’s statute, the organisation’s AGM should be held within mid-April.

Umesh Lal Shrestha, vice-president of FNCCI, informed that the AGM date was finalised for August 10 as the lockdown and mobility has been eased.

“We’ve set the date for the AGM based on current scenario of the pandemic. In case the crisis worsens in the coming days, this can hit the AGM date again. Combating the crisis is more important that FNCCI’s AGM and election as of today,” said Shrestha.

Owing to the spread of COVID-19, FNCCI leadership, especially its President Bhawani Rana was against holding the FNCCI AGM soon.

As per a provision in FNCCI statute, the current Senior Vice-President of FNCCI, Shekhar Golchha, will become the new president automatically.

FNCCI’s Vice-Presidents — Chandra Dhakal and Kishore Pradhan — have officially decided that they would vie for the post of senior vice-president of FNCCI.

A version of this article appears in e-paper on June 24, 2020, of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Nepal Tourism Board reveals top five photos from 'Nepal From Your Window' contest

KATHMANDU: Nepal Tourism Board (NTB) on Sunday revealed five photos that made it to the top-five of the 'Nepal From Your Window' photo contest. The five photos will be awarded with cash prize of Rs 10,000 each. Among the 500 approved photos listed in the contest, Samde Sherpa's Kathmandu V Read More...

Barca outclass Villarreal after recent disappointments

VILA-REAL: Barcelona responded to a trying week by producing a scintillating display to thrash Villarreal 4-1 away on Sunday and stay alive in the Liga title race. The Catalans had drawn their last two matches to hand more momentum to league leaders Real Madrid but Sunday's win took them to Read More...

Messi will finish career at Barca says club president

VILA-REAL: Barcelona president Josep Maria Bartomeu has said that captain Lionel Messi will end his career at the Catalan club, dismissing a report saying the Argentine no longer wishes to renew his current contract when it expires next year. "Messi has said he will end his working and footb Read More...

Oli, Dahal’s bid to save party unity continues

KATHMANDU, JULY 5 Co-chairs of the ruling Nepal Communist Party (NCP) Pushpa Kamal Dahal and Prime Minister KP Sharma Oli held talks today but failed to end the current deadlock in the party. NCP is deeply divided with the PM refusing to quit prime minister or party co-chair’s post, and the Read More...

Subas Chandra Nembang meets Nepali Congress President Sher Bahadur Deuba

KATHMANDU: Deputy parliamentary party leader of the NCP Subas Chandra Nembang met Nepali Congress President Sher Bahadur Deuba at the latter’s residence in Budhanilkantha. NC leader Minendra Rijal was also present in the meeting. Nembang told THT that he met Deuba at the behest of Oli ‘to Read More...

Poultry farm

Chicken price up as farmers stop hatching chicks

KATHMANDU, JULY 5 Prices of chicken and eggs in the domestic market has surged after farmers stopped hatching chicks. Chicken cost has shot up to Rs 360 per kg from Rs 250 earlier, while eggs cost Rs 380 per crate of 30 eggs, a hike of Rs 100 in a few days. Krishna Shrestha, a chicken selle Read More...

Govt urged to guarantee citizens’ right to health

Kathmandu, July 5 The National Human Rights Commission has urged the Government of Nepal to guarantee the right to health to every citizen amid the spike in COVID-19 cases and fatalities in the country. Issuing a press release today, the rights body expressed grave concern regarding the findin Read More...

National Examinations Board (NEB) Nepal

Schools may get mandate to conduct Grade XI examination

KATHMANDU, JULY 5 As schools across the country have remained closed for months due to the lockdown, concerned officials are mulling over recommending the government to cancel the national level examination of Grade XI being held by the federal government. The National Curriculum Development a Read More...