Manipur News – Page 16349 – www.manipur.org/news

Opposition leader takes up Shinde remark issue

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IMPHAL, December 20: Quoting a report of the Telegraph daily carried under the headline “Shinde turns down Rio, Ibobi proposals” in its September 10 issue, state Opposition leader and Trinamool Congress MLA Dr I Ibohalbi today said that the use of “Any sensible person” by Union Home Minister Sushil Kumar Shinde is a direct insult to the image and dignity of the Manipur State Assembly.

Speaking on the last day of the 3rd session of the 10th Manipur Legislative Assembly, the Opposition leader said that the Union Home Minister was speaking in context to the Private Member Resolution passed by the State Assembly during its last session on July 13 regarding the Inner Line Permit and the statement was an indication to the 60 members of the House including the leader of the House Chief Minister Okram Ibobi Singh, Dy CM and the Speaker.

Continuing further he appealed for a point of order from the Speaker on whether the statement of the Union Home Minister was not in contempt of the House and Breach of Privilege and asked if the House has taken any action in this regard.

The Opposition leader further asked if the House has taken any suo moto case and if the Secretary of the House has communicated the issue to the Speaker of the Parliament.

In reply to the Opposition leader’s statement, Speaker Th Lokeshor Singh said neither the members of the House, the Assembly Secretary nor the Priviliege & Ethics Committee has taken up any action on the issue and that he is unable to understand whether the reported speech of the Union Home Minister is a Breach of Privilege or not.

He added that in case the member wanted to file a complaint on the issue, he can do so at which the Opposition leader replied that he will file his complaint in the next session.

Following the opposition leader’s reply, the Speaker adjourned the session of the House sine die.

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Women bodies condemn assault on actress

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IMPHAL, December 20: The assault on popular Manipuri film actress Momoko by an NSCN (IM) cadre at Chandel has been condemned by various women associations with calls for the three sitting women representatives in the State Assembly, namely MLA of Kangpokpi A/C Nemcha Kipgen, MLA of Khangabok A/C O Landhoni Devi and Social Welfare and Corporation Minister AK Mirabai Devi to take action on the issue.

Renowned Manipuri film actress Momoko Khangembam was allegedly molested and beaten up by a man identifying himself as an NSCN (IM) cadre during a music concert held on December 18, 2012 at Chandel High School Ground, organised by the Mahamani Women Society, Chandel.

Speaking at a press meet today at the office of Women Association for Civic Action Kangleipak (WACAK) its president Soubam Ibetombi urged the concerned authorities to grant befitting punishment to the NSCN (IM) cadre Livingstone. “Such an act is a challenge to the women society. The women associations will not remain silent on the issue,” she said.

She further said that the organizers of the concert should take responsibility for the incident and maintained that the government should arrest the accused Livingstone and hand him over to the public. She also condemned the police personnel who remained as mute spectators during the incident.

The said press meet was attended by representatives of WACAK, Poirei Leimarol Meira Paibi Apunba Manipur, Apunba Manipur Kanba Ima Lup, Chingtam United Women Association, Kanglei Ima Lup, Kangleipak Women Welfare Association, Kabui Mothers Association, All Manipur Women Social Reformation Development Samaj, Tami Chingmi Apunba Nupi Lup Manipur, Rongmei Women Organisation (Assam, Manipur, Nagaland), Momnu Irik Khombi Lup, Chanura Lamjinglen Kangleipak, and Kangleichal.

Speaking at the press meet, President of Kabui Mothers Association, Kakomlunglu Kamei said, “Such an act of torturing a girl in full public view cannot be beared by us, the mothers. Men should take women as their own mother or sister and discipline should be maintained.” She further said that the culprit should be given appropriate punishment.

Meanwhile, taking a serious note of the incident, the All India Youth Federation Manipur State Council (AIYF/MSC) has condemned it in its press note, asking for a clarification. Calling for a befitting punishment of the said person behind the incident, it appealed to the government to take appropriate action before intense unwanted incidents come up from the furious public.

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Locals decry bomb blast

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IMPHAL, December 20: A mass sit in protest cum public meeting against the bomb blast at the residence of Laishram Kedha which lead to the death of one mason and leaving two others critically injured was held today in front of the Southern Youth Educational Sporting and Social Development Association organized jointly by four different clubs of the surrounding locality of Kakwa Maibam leikai. A JAC has also been formed in this regard.

Protesters at the sit in held placards claiming, ` firing of gun and bomb blasts in residential areas will not able to bring changes in the society`, `locals of the areas condemn the of killing of M Bira and injuring of L Manja and O Sanayaima`, `Struggle without passion is plant without root`, `why was M Bira killed?`, and `stop hurling of bombs a residential areas immediately.`

Later, locals of the surrounding area of Oinam leikai, Maibam leikai, Naorem leikai and Liwa lambi pukri ahchouba mapal meira paibi and club volunteers after forming the JAC passed resolutions urging the Government to provide one state government job to the family of late Maibam Bira, to provide state financial aid to the victims of the blast yesterday, to find out the culprit at the earliest and punish the culprit after investigation under the procedure of the establishment. The JAC further condemned the incident.

After the meeting, protestors marched toward the State Chief Minister`s official bungalow to submit the memorandum which they had passed as resolutions. The procession was however stopped by a team of police at Yaiskhul area. Later, members of the co-ordination committee were allowed to submit their memorandum to the Deputy Chief Minister who also holds the portfolio of home minister.

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Complaint filed against Principal

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IMPHAL, Dec 20: A written complaint was filed before the Manipur Commission for Protection of Child Rights by Phurailatpam Sharatchandra Sharma of Sega Road Takhellambam Leikai against the Principal of RK Sanatombi Devi Vidyalaya namely H Nobindchand Singh for expelling … Continue reading →

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According to a press release of Human Rights Law Network (Manipur), in his complaint Sharatchandra Sharma had stated that his daughter had been expelled from the school on certain false allegation that his daughter had eloped to a person earlier.

Further the complainant has mentioned that under provisions of Section 16 of the Right of Children to Free and Compulsory Education Act, 2009 prohibits expulsion or holding back of a student during elementary education.

The Commission will consider the complaint very soon and appropriate action would be initiated after an enquiry. The present complaint is filed with the active initiative of Human Rights Law Network (Manipur), the release added.

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Speaker rejects Ibohanbi`s Censure motion against Md Abdul Nasir

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IMPHAL, December 20: A Censure Motion against Agriculture Minister Md Abdul Nasir introduced by Opposition leader Dr I Ibohalbi was dropped off by the House today after the Speaker rejected it. Speaking to media persons after the Assembly session today, … Continue reading →

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IMPHAL, December 20: A Censure Motion against Agriculture Minister Md Abdul Nasir introduced by Opposition leader Dr I Ibohalbi was dropped off by the House today after the Speaker rejected it.

Speaking to media persons after the Assembly session today, the Opposition leader said, the motion was submitted on December 19 with a good intention.

He said the actions of Minister of the state who was also the chief guest of the day of the Sangai Festival which is also participated and attended by several persons from the outside was shameful. The incident was also covered by the national media.

Thinking that the outside world will think of the state MLAs and Ministers as a boisterous and unruly lot, he had introduced the motion, the Opposition leader said.

The government must have its reasons for not desiring to place the motion for discussion, but he will seek it out, he continued.

When asked if the Speaker of the House has the authority to reject the motion, Dr I Ibohalbi said that under Rule No 130 of the Assembly, the Speaker has the authority.

He however regretted that the Speaker has rejected the motion which was introduced in the .interest of the House and the public.

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WAD condemns

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IMPHAL, December 20: A press release from the Women Action for Development (WAD), an organization working to address issues of violence and social inequality faced by women has expressed shock and strongly condemned the untoward incident at Chandel District where film actress, Momoko Khangembam was allegedly molested and assaulted in front of a huge crowd by an well-armed person who admitted he was an NSCN (IM) cadre named Livingstone at a musical concert held at Chandel High School Ground. It further said that though several security personnel were present among the crowd at the time of the incident, the inaction shown by the police in stopping the act of harassment and intimidation to the actress and two other artistes is highly disgraceful and outrageous.

WAD further appreciated the statement made in the State Assembly by the Deputy Chief Minister Shri Gaikhangam ordering for the immediate arrest of the culprit and bring justice by delivering the strictest punishment. The press note futher expressed solidarity to the campaign protesting against the barbaric gang-rape of a 23 year old paramedic girl in a moving bus and brutally assaulted in Delhi leading to public and activists storming Parliament proclaiming the nation’s shame. Noting the active involvement and participation of Women MPs and other representatives protesting the recurrence of such heinous crimes in the capital WAD said it expects the same at the State premises and its emulation by the State representatives towards the issue of safety for women and take responsibility on the issues of the steep rising crimes against women and children in the State.

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6th HADO Crafts Bazar-2012

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IMPHAL, December 20: The inaugural function of 6th HADO Crafts Bazar-2012 was held at Yaiskul Athletic ground here today.Speaking at the function, Govindas Konthoujam Minister Commerce and Industries, Government of Manipur said the amount put in by state government in handicrafts is Rs 30 lakhs, adding that efforts will be made towards increasing the amount to Rs 50 lakhs.

“It is unfortunate that a rural haat is being made in the name of an urban haat. The government of India will be pressed to make an urban haat for Imphal West district and a proposal will also be sent to the Government of India to make the haats in the notified area of Bishenpur and Thoubal,” he added.

Saying that there is a plan to construct a Gems and Jewellery park in the state, the Minister said that there are many lapses in the state and considering that it is to be a gateway under the Look East Policy, the Government would address those gaps. Adding that Manipur has 92 National Awardee Artists and craftsmen which is the highest in north east, he said that the efforts are on to increase the amount for State Awardees.

At present 18 artisans of the state is participating Mela at Kolkata and they will be given Rs 5000 each as incentives, he added.

The function was presided over by MLA of Uripok Constituency L Nandakumar Singh and attended by Assistant Director (H) of Marketing and Service Extension Centre O/o the DC Handicraft Govt of India T Rollee Vareishim, Director of Institute of Cooperative Management Kh Somarendro Singh, Deputy Manager of State Bank of India RK Loken Singh, and Functional Manager of Directorate of Commerce and Industries Govt of Manipur as guests of honour.

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Separate accidents claim three lives

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IMPHAL, December 20: Road accidents at separate places have claimed three lives including a government officer on duty. A Section Officer of the PWD on duty was killed in a road accident this morning at around 11:30, after he was … Continue reading →

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IMPHAL, December 20: Road accidents at separate places have claimed three lives including a government officer on duty.

A Section Officer of the PWD on duty was killed in a road accident this morning at around 11:30, after he was hit by a Tata truck while he was conducting a road survey at Bhinpra under Kangpokpi police station.

A mother and her child were also injured during the said accident.

The deceased has been identified as Biakthang, 51, son of Sandam, a resident of New Checkon.

According to police, the cause of the accident could be due to the failure of the truck’s steering.

The dead body was handed over to his family after a post mortem was conducted at RIMS morgue.

Meanwhile, in a hit and run case, a 50-year-old man was hit by a vehicle at North AOC on December 18 at around 7 pm.

According to an eyewitness, the vehicle could be a Mahindra Bolero or a Scorpio jeep and it sped away after hitting the man.

The victim has been identified as MA Nganaomei, 50, a resident of New Tusom village, Ukhrul district.

He succumbed to his injuries last night at Raj Polyclinic, where he was admitted after the accident.

His dead body was handed over to his family members today after a post mortem was conducted at RIMS.

In another accident case, a 60-year-old man who was hit by a Bajaj Pulsar bike bearing registration number MN-0B5-1538 on November 28 at around 11 am at Sabungkhok Maning Leikai under Lamlai police station, died today.

According to a source, he was treated at Shija hospital for a long time after the accident and was discharged home.

But today at around 1:30 pm his health condition deteriorated and he was rushed to JNIMS, but succumbed on the way.

The deceased has been identified as Moirangthem Nimai, 60, son of M Yaima, a resident of Sabungkhok Maning Leikai.

His death body was handed over to his family members after a post mortem was conducted at JNIMS morgue today.

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MPP questions NSCN(IM) peace talk

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IMPHAL, December 20 (Newmai News Network): Manipur People’s Party (MPP ) said it has been observing the development, post the reported “Final Settlement stage” of the talk between the Government of India and NSCN(IM ) to the issues raised by … Continue reading →

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“However, MPP finds it questionable the secretive manner in which the talks have been carrying on. It is a known fact that the core issues raised by the NSCN(IM) involves Manipur.But what is not known is themanner in which the negotiations are taking place; neither the Government of Manipur is privy to it or should the Manipur Government make a clarification?The fact that negotiations have been carried on totally independent and unconnected with the Government of Manipur itself make farcical the accepted norms of democracy for which Government of India stands for. This cannot be accepted by the MPP and the People; that is what the day June 18, 2001 tells the Government of India (GOI) and the world. The militant group who claims to have the mandate of the community they belonged to have its own political aspiration-the Nagalim. But their aspiration cannot override the wider public interests of the region peaceful co-existence of the different communities of the region, in whatever way it means,” the MPP said in a communique today.

“The secretive approach of New Delhi in dealing with the NSCN(IM) which centres around Manipur in all its aspects could equate with the early 20th century phenomenon of the Shimla Agreement of 1914 that had drawn the McMohon Line between India and Tlibet where no Indians or Tibetans were present. On and off, there have been selective leaks to the media by the Home Ministry about the possible “final Settlement Stage” that makes the public onboth side of the divide excited and suspicious of the atmosphere charged by the selective leaks of the Union Government,” the MPP opined.

However, interestingly the Manipur Government is in its usual form of inactivity.The fact of the matter is that the O. Ibobi Singh, Government in its experience of revitalizing the NSCN(IM) in 2004 byu causing (one ) the 52 days blockades of the national highways and (two) the Tripartite talks after Muivah’s homecoming episode of 2009 is twice shy to take any initiative to propose any alternative or to question the intenbtion of the Governbment of India for disturbing the minds of the public byu its selective leaks.

Now, that the talk has reportedly reached a stage where the interests of Manipur is blantantly put on the table. Therefore, it is time the Government of Manipur should join the talk, the party suggested.

The MPP then demands the Government of India not to make any harmful selective leaks that may lead to public disturbance. It also demands not to take any illinformed or unqualified decision that would threaten the social fabric of th3e North East Region and Manipur ion particular. The party further demands to make the talk tripartite: Government of India- NSCN (IM)- Government of Manipur, without any condition.

The MPP said it would extend all cooperation to make the talk tripartite, democratic and successful in the interest of the North East and the nation.

Finally, MPP solicits supports and cooperation from the public and all stake holders including civil society organizations of all communities across the board to find a way out of this `unwanted situation`.

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Electricity dept staffs abducted

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IMPHAL, December 20: Suspected KNA cadres have abducted four staffs of the state electricity department including a Section officer on the intervening night of December 18 and 19 from Tengnoupal in Chandel district. The four have been identified as Krishnamohon … Continue reading →

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The four have been identified as Krishnamohon (SO), Binadul, Rajen and Kulabidhu. They were abducted along with a white colour Maruti Gypsy bearing registration MN-05-4727, on which they were coming.

According to reliable source, the four were abducted by suspected KNA cadres for a monetary demand of rupees five lakh.

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Vishal Mega Mart opens at Imphal

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IMPHAL, December 20: A unit of Vishal Mega Mart one of India’s largest retail chains was inaugurated today at Laipham Khunou, Imphal East in a simple ceremony organized by the management and staff of Sigma Pvt Ltd. However, the Mega Mart could not be made open to public today in relation with the one day bandh on markets in greater Imphal area with regard to the call for ILP implementation in the state, called by FREINDS.

Presided over by Managing Director of Sigma Pvt Ltd, Seram Ranjitkumar Singh; the occasion was attended by Minister Social Welfare AK Mirabai, Zonal Manager of Central Bank of India Pramod Kumar Mohanty, and Business Head of Vishal Mega Mart, India Aashish Kataria as Chief Guest and guest of honour respectively.

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CM urges HCBA to suspend cease work strike

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IMPHAL, December 20: Chief Minister Okram Ibobi declared the High Court Bar Association’s demand for appointment of seven judges while setting up a separate High Court of Manipur reasonable and said that the state government is urging the Centre regarding … Continue reading →

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The Chief Minister was answering to a calling attention motion raised by MLA L Ibomcha Singh of NCP at the Manipur Legislative Assembly today.

The Chief Minister further said that it is not in the hands of the state government to set up a separate High Court and to appoint judges for it, but it is done by the Ministry of Home Affairs under the initiative of the Ministry of Law and Justice.

The Government of India has issued a gazette notification on June 4, 2012 regarding the setting up of a separate High Court of Manipur, the CM said.

The Chief Minister said that it is true that it is technically not feasible to have only three judges including a Chief Justice in the High Court of Manipur which will be coming up shortly.

He said that he is also aware that there is inconvenience in transferring a case which is admitted to Single Bench to a Double Bench.

In regard with the demands made by HCBAM, several meetings have been convened with association representatives and also the state has been in touch with the Centre on the issue, the CM continued.

The State will continue to urge the Centre to appoint atleast five judges if not seven as demanded by the HCBAM, the CM added.

Opposition leader Dr I Ibohalbi, joining in the motion, presented his observation that the Manipur’s Judgeship quota of four has not been fulfilled while 15 Judges has been appointed from Assam against the state’s quota of only 11.

The cease work strike has increase the number of pending cases, he added.

Social Welfare Minister Ak Mirabai Devi while clarifying to a calling attention motion raised by Thangmeiband MLA Kh Joykishan that the honorarium for the workers and employees of ICDS has not been paid, said that the reports published in a local daily regarding the issue is false.

She said that there are 9507 anganwandi centres and 298 mini anganwadi centres in the state. 90 percent of the funding for this scheme is provided by Centre while the state provides only 10 percent and the funding is done after taking approval from the finance department.

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Doomsday watch

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When Michael Coe, an expert on Mayas, a Mesoamerican civilization wrote in the 1960’s that December 21, 2012 could herald an “Armageddon” to cleanse humanity according to the ancient Mesoamerican culture, he would not have foreseen the amount of hype and hysteria that is being seen in various parts of the world. Fueled partly by doomsday Hollywood films on one hand, and internet fatalists over the years, the pitch of noise over a total destruction of the world has taken on a fervor and the bizarre. An international news section in a national newspaper mentioned of mass hysteria in a Russian prison, a Chinese man building survival pods for doomsday. The much respected newspaper, ‘The Guardian’ had a slightly tongue in cheek segment where the text was written in a question and answer sequencing. Amongst others, it said that in Chechnya and various other parts of Russia, politicians were calling for calm after superstitious citizens started panic buying of candles, torches, salt and matches. Elsewhere in China, it reported that there has been a healthy dose of doomsday profiteering with dedicated websites selling gas masks and tinned food, and one Chinese furniture-maker has been hawking a range of hand-built glass-fibre survival pods at exorbitant rates.

Coe had written that according to the Maya Long Count calendar, December 21, 2012 marks the end of the 13th bak`tun, an epoch lasting some 400 years and the beginning of the 14th which would coincide with an Armageddon or the end of the world. The fears of the world ending has led to such discussions and reactions amongst the public in countries all over the world that even the U.S. space agency National Aeronautics and Space Administration (NASA) has gone to the extent of making a statement to the effect that “our planet has been getting along just fine for more than 4 billion years, and credible scientists worldwide know of no threat associated with 2012.” According to NASA, the buzz over the December story started with claims that Nibiru, a supposed planet discovered by the Sumerians, is headed toward Earth. This catastrophe was initially predicted for May 2003, but when nothing happened, the doomsday date was moved forward to December 2012 and linked to the end of one of the cycles in the ancient Mayan calendar at the winter solstice in 2012 — hence the predicted doomsday date of December 21, 2012.” The idea of a doomsday or a cycle giving way to another way is also accepted in Hindu mythology with the talk of one era or a ‘jug’ giving way to another and a final cataclysmic end.

In an age of scientific advancements and technology, one would expect that people would scoff at the idea of a ‘doomsday’ but in this case, it is another face of technology: the internet, which has spread the panic. Social networking sites are full of discussions on the topic: some on the lighter side and some on the serious and philosophical. But one common strain that is emerging out of this universal fascination and fear psychosis is that the idea of ‘an end of the world’ is something that makes people feel bereft and at a loss: that there will be no tomorrow for anyone. Yet, it is equally true that there is the other kind of people who are trying to make the best of ‘an end of world scenario’ by offering ways out of being struck down. Cashing into the anxiety of people many have come up with contraptions that are supposed to keep one safe and sound as the world destructs and all too expectedly, they come with steep prices. What other irony can be there that in the event of the world ending, those who ‘have’ can still be saved while those who ‘don’t have’ will perish!

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Manipur still a dry State: CM – E-Pao.net

Manipur still a dry State: CME-Pao.netImphal, December 20 2012: Chief Minister Okram ibobi Singh has asserted that there is no violation of provisions of Manipur Liquor Prohibition Act 1991 as the Act is still in force in the State. As Andro AC MLA Th …

Manipur still a dry State: CM
E-Pao.net
Imphal, December 20 2012: Chief Minister Okram ibobi Singh has asserted that there is no violation of provisions of Manipur Liquor Prohibition Act 1991 as the Act is still in force in the State. As Andro AC MLA Th Shyamkumar highlighted reported spurt …
Manipur Assembly adjourned sine dieAssam Tribune
CM urges HCBA to suspend cease work strikeKanglaOnline

all 6 news articles »

Manipur Assembly adjourned sine die – Assam Tribune

Manipur Assembly adjourned sine dieAssam TribuneIMPHAL, Dec 20 – Manipur Assembly Speaker Th Lokeshor today adjourned the House sine die after the winter session of the 10th Manipur Legislative Assembly assembled at 1:45 pm. On the last day of the 3r…

Manipur Assembly adjourned sine die
Assam Tribune
IMPHAL, Dec 20 – Manipur Assembly Speaker Th Lokeshor today adjourned the House sine die after the winter session of the 10th Manipur Legislative Assembly assembled at 1:45 pm. On the last day of the 3rd session of the State Assembly, Chief Minister …
Manipur still a dry State: CME-Pao.net
CM urges HCBA to suspend cease work strikeKanglaOnline

all 6 news articles »

Actor in Manipur says she was molested, hit on stage – NDTV

NDTVActor in Manipur says she was molested, hit on stageNDTVChandel, Manipur: Momoko, a popular young actor in Manipur, was headlining a fund-raising concert in the state's Chandel town when a man climbed onto the stage. "He was touching me. I…

NDTV

Actor in Manipur says she was molested, hit on stage
NDTV
Chandel, Manipur: Momoko, a popular young actor in Manipur, was headlining a fund-raising concert in the state's Chandel town when a man climbed onto the stage. "He was touching me. I warned him. Then he pulled my hair and threw me on the ground …

Manipur’s Gangte tribe attempts to create record in Bible reading – Newstrack India

Manipur's Gangte tribe attempts to create record in Bible readingNewstrack IndiaChurachandpur (Manipur), Dec 17 (ANI): More than 7000 people from the Gangte tribe participated in a record attempt to mass read the Holy Bible at an event in Manipur i…

Manipur's Gangte tribe attempts to create record in Bible reading
Newstrack India
Churachandpur (Manipur), Dec 17 (ANI): More than 7000 people from the Gangte tribe participated in a record attempt to mass read the Holy Bible at an event in Manipur in a bid to enter record books and get recognition for the community on a national level.

and more »

Manipur actress allegedly molested, beaten up by Naga militant leader – NDTV

NDTVManipur actress allegedly molested, beaten up by Naga militant leaderNDTVChandel, Manipur: A Manipuri actress has been allegedly molested during a stage performance by a Naga militant leader, who kicked her when she raised a protest and fired at he…

NDTV

Manipur actress allegedly molested, beaten up by Naga militant leader
NDTV
Chandel, Manipur: A Manipuri actress has been allegedly molested during a stage performance by a Naga militant leader, who kicked her when she raised a protest and fired at her co-actor for trying to stop him. The assault during a fundraising concert …

Manipur actress molested, beaten up by suspected Naga militant during concert – NDTV

NDTVManipur actress molested, beaten up by suspected Naga militant during concertNDTVChandel, Manipur: A film actress in Manipur has been molested and beaten up on stage by a suspected Naga militant leader in full public view during a performance in th…

NDTV

Manipur actress molested, beaten up by suspected Naga militant during concert
NDTV
Chandel, Manipur: A film actress in Manipur has been molested and beaten up on stage by a suspected Naga militant leader in full public view during a performance in the state's Chandel town. The suspect, Livingstone Anal, also allegedly fired when …

Features of the Companies Bill 2011

The Companies Bill, 2011, which was passed by the Lok Sabha yesterday, on its enactment will allow the country to have a modern legislation for growth and regulation of corporate sector in India. The existing statute for regulation of companies in the country, viz. the Companies Act, 1956 had been under consideration for quite long for comprehensive revision in view of the changing economic and commercial environment nationally as well as internationally. In view of various reformatory and contemporary provisions proposed in the Companies Bill, 2011, together with omission of existing unwanted and obsolete compliance requirements, the companies in the country will be able to comply with the requirements of the proposed Companies Act in a better and more effective manner.
The Salient features of the Companies Bill 2011 are as follows:
1.(Amendment in Clause 135): In the Section on Corporate Social Responsibility (Section135), which is being introduced as a statutory provision for the first time, the words ‘make every endeavour to’ have been omitted from its Sub-clause (5). So that the first para of Sub-clause (5) of Clause 135 now reads as follows: “The Board of every company referred to in sub-section (1), shall ensure that the company spends in every financial year, at least two per cent of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy.”
Such clause is also amended to provide that the company shall give preference to local areas where it operates, for spending amount earmarked for Corporate Social Responsibility (CSR) activities. The approach to ‘implement or cite reasons for non implementation’ retained.
2. (Amendment in Clause 36): To help in curbing a major source of corporate delinquency, Clause 36 (c) amended, to also include punishment for falsely inducing a person to enter into any agreement with bank or financial institution, with a view to obtaining credit facilities.
3. (Amendment in Clause 143): Provisions relating to audit of Government Companies by Comptroller and Auditor General of India (C&AG) modified to enable C&AG to perform such audit more effectively.
4. (Amendment in Clause 186): Clause 186 amended to provide that the rate of interest on inter corporate loans will be the prevailing rate of interest on dated Government Securities.
5. (Amendment in Clause 144): Provisions relating to restrictions on non audit services modified to provide that such restrictions shall not apply to associate companies and further to provide for transitional period for complying with such provisions.
6. (Amendment in Clause 203): Provisions relating to separation of office of Chairman and Managing Director (MD) modified to allow, in certain cases, a class of companies having multiple business and separate divisional MDs to appoint same person as chairman as well as MD.
7. (Amendments in Clause 147 and 245): Provisions relating to extent of criminal liability of auditors – particularly in case of partners of an audit firm – reviewed to bring clarity. Further, to ensure that the liability in respect of damages paid by auditor, as per the order of the Court, (in case of conviction under Clause 147) is promptly used for payment to affected parties including tax authorities, Central Government has been empowered to specify any statutory body/authority for such purpose.
8. (Amendment in Clause 141): The limit in respect of maximum number of companies in which a person may be appointed as auditor has been proposed as twenty companies.
9. (Amendment in Clause 139): Appointment of auditors for five years shall be subject to ratification by members at every Annual General Meeting.
10. (Amendment in Clause 139): Provisions relating to voluntary rotation of auditing partner (in case of an audit firm) modified to provide that members may rotate the partner ‘at such interval as may be resolved by members’ instead of ‘every year’ proposed in the clause earlier.
11. (Amendment in Clause 2): ‘Whole-time director’ has been included in the definition of the term ‘key managerial personnel’.
12. (Amendment in Clause 42): The term ‘private placement’ has been defined to bring clarity. 13. (Amendment in Clause 61): Approval of the Tribunal shall be required for consolidation and division of share capital only if the voting percentage of shareholders changes consequent on such consolidation. 14.Amendment in Clause 152): Clarification included in the Bill to provide that ‘Independent Directors’ shall be excluded for the purpose of computing ‘one third of retiring Directors’. This would bring harmonisation between provisions of Clause 149(12) and rotational norms provided in Clause 152.
15. (Amendment in Clause 470): Provisions in respect of removal of difficulty modified to provide that the power to remove difficulties may be exercised by the Central Government up to ‘five years’ (after enactment of the legislation) instead of earlier up to ‘three years’. This is considered necessary to avoid hardship and dislocation since many provisions of the Bill involve transition from pre-existing arrangements to new systems.

Read more / Original news source: http://manipur-mail.com/features-of-the-companies-bill-2011/