ibma
INDIAN BISCUITS MANUFACTURERS’ ASSOCIATION
Suite .42-A, IndraPalace, H-Block (Middle Circle), Connaught Place, New Delhi-110 001
Phone 011-64625899 Tele Fax 43592838
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MINUTES OF THE1st ANNUAL GENERAL METING HELD ONTUESDAY, 29th JULY 2008, DELHI GYKHANA CLUB
2, SAFDARJUNG ROAD, NEW DELHI-110011
MEMBERS PRESENT
Shri B P AgarwalIn the Chair
Surya Food & Agro Ltd, NOIDA
Shri Gobind Choudhary
Vice- President, IBMA
Anmol Bakers Pvt. Ltd, NOIDA
MEMBERS:
Shri Deepak Bherwani
Krown Baker’s (India) Pvt. Ltd. GHAZIABAD
Shri R K Bader
Nezone Biscuits Pvt. Ltd, DELHI
Shri Anoop Bector
Mrs.Bectors Food Specialties Ltd., LUDHIANA
Shri Vishal Malik
Mrs.Bectors Food Specialties Ltd., LUDHIANA
Shri D S Jabamany
Veeramani Biscuit Industries Ltd, HYDERABAD
Shri Ankur Mutreja
Apsara Food Industries Pvt. Ltd, GHAZIABAD
Shri Kulwant Singh
Supreme Food Product, LUDHAINA
Shri Ajay Raman
Surya Food & Agro Ltd, NOIDA
SPECIAL INVITEES
Shri Satish Checker
Sima Labs Pvt. Ltd., DELHI
Shri Puneet Raman
PUM , DELHI
Shri U K Saxena
SGS India Pvt. Ltd., GURGAON
Shri Praveen Khanna
Super Snacks (Pvt.) Ltd., GHAZIABAD
Shri Vijay Sardana
Achievers Resources (P) Ltd, DELHI
Shri D S Chadha
CII, DELHI
Shri Tarun Khanna
SAI Global,DELHI
Welcoming Members and Special Invitees, Shri B P Agarwal, President IBMA, stated that IBMA was established in March 2007, whenmost of the Biscuit Manufacturers in the Small & Medium Sector, felt the need tohave a platform to espouse the cause of the Biscuit Industry and more particularly for Biscuit manufacturers in the SME segment.
The President recalled that immediately after the announcement of Union Budget on 28 February 2008, restricting Excise Duty exemption only to Biscuits with MRP upto Rs. 100/- Per Kg IBMA was formed and immediately swung into action and submitted Post Budget Memorandum to the Finance Minister seeking full exemption to Biscuit from Central Excise Duty. Thereafter, our Association was engaged invigorous follow up, which began with a Press Conference on 8th March 2007, followed with meeting the Finance Minister, Minister of State for Finance(Revenue), other officials and also meetings with Members of Parliament from various political parties, presenting the hardships faced by \Small & Medium Biscuit industry, due to Budget proposal to levy Central Excise Duty on Biscuits with MRP above Rs.50/- per kg.
It is a matter of great satisfaction and achievement that due to our concerted effortswith support from our members, Shri P Chidambaram, Union Finance Minister acceded to our request and increased the limit of Excise Duty exemption to Biscuits with MRP upto Rs.100/- per kg, as announced by him in the Parliament on 3rd May 2008 while finalizing the Union Budget for 2008-09.
IBMA is continuing its efforts in regard to another important hindrance to the growth of our industry, due to imposition of Value Added Tax (VAT) on Biscuits by theState Governments at a very high rate of 12.5%.Detailed Memorandum requesting for reduction in VAT to 4% were submitted to Shri Asim Dasgupta, Chairman of the Empowered Committee, and to the Chief Ministers and Finance Ministers of all State Governments,Our Association also organized Press Conferences on 11th May 2007 and 4th April 2008 at Press Club of India and also at Lucknow on 10th January 2008, in which the heavy losses being suffered by biscuit manufacturers on account of VAT at a very high rate of 12.5%, were highlighted. which received wide coverage in Newspapers and TV channels and also through Agencies like PTI, UNI etc.
While our efforts on VAT has not succeeded so far, I am sue you will agree with me we need to further make coordinated efforts on Value Added Tax.
IBMA has been active in other areas like problems faced by Biscuit manufactures due to certain amendments in the PFA Rules, 1955 and Packaged Committee Rules 1977, details of which are given in the Annual Report.
Our Association also organized a Seminar on Food Laws – Problems & Prospects on 11th August 2007 at Kota House, New Delhi, which was inaugurated by Shri Subodh Kant Sahay, Hon’ble Minister for Food Processing Industries, Govt of India..Recommendations & Suggestions of the Seminar were submitted to the Ministry of Health & Family Welfare, Ministry of Consumer Affairs and to the Ministry of Food Processing Industries, Govt of India.
Due to IBMA’s efforts and also on account of our follow up through CII and FICCI, the Government granted adequate time to the Food Industry by postponing implementation of the above mentioned amendments. The amendments in PFA Rules on label printing of information on nutritional and energy value, ingredients, etc have been redrafted and a fresh draft Notification No 380(E) dated 15th May 2008 has been issued.IBMA has submitted detailed Objections & Suggestions on the above Draft Notification, details of which is included in the Annual Report.
The President stated that on the basis of the Food Industry’s demand, the new Food Safety and Standards Act, 2006 merging PFA Act/Rules, Standards of Weights & Measures Act and Packaged Commodities Rules and various other Acts, has been enacted.
With a view to promoting Biscuit Industry, our Association organized National Biscuit Week from 7th to 13th March 2008 and NATIONAL BISCUIT DAY was celebrated on 13 March 2008, all over the country.
On this occasion we also organized National Conference on Biscuit as Nutrition Carrier on 13 March 2008 at Pragati Maidan, New Delhi, inaugurated byShri Subodh Kant Sahay, Minister of Food Processing Industries, Govt of India.
Detailed Recommendations of the Conference are given in the Annual Report.
IBMA also organized participation of products of our members in a Stall in AAHAR INTERNATIONAL TRADE FAIR 2008 AT Pragati Maidan, New Delhi, from 10th to 14th March 2008, besides participating many other Trade Fairs.
Our Association also took up the inclusion of Biscuit under the Midday Meals Scheme for children under the Ministry of HRD and also under the Ministry Women & Child Development, Govt of India and these issues are being followed up.
Thereafter the President took up following items in the Agenda:
Item 1AUDITED ANNUAL ACCOUNTS OF THE ASSOCIATION FOR THE YEAR ENDED 31ST MARCH 2008.
The President mentioned that the Audited Annual Accounts along with the Auditor’s Report and the Annual Report on the activities undertaken and services rendered by IBMA which have circulated Vide No/IBMA/AGM/535dated 23rd July 2008 are placed before the House.
The audited Annual Accounts for the year ended 31st March 2008 and the Annual Report were discussed in detail.
The General Body of members unanimously adopted the audited Annual Accounts of the Association for the year ended 31st March 2008 along with the Annual Report of the Association for the year 2007-08.
Item 2ELECTION OF OFFICE BEARERS AND MANAGING COMMITTEE
Shri D S Jabamany (M/s Veeramany Biscuits Industries Pvt. Ltd.) Proposed that with a view to having continuity of the leadership of IBMA, the following exiting Office Bearers and Members of the Managing Committee may be re-elected foe the year 2008-09:-
Shri B P Agarwal
President IBMA
Surya Food Agro Ltd., NOIDA
Shri Gobind Choudhary
Vice President, IBMA
Anmol Bakers Pvt. Ltd, NOIDA
Members of Managing Committee
1Shri Deepak Bherwani
Krown Baker’s (India) Pvt. Ltd, GHAZIABAD
2Shri Hariram Agarwal
Bhagwati Foods Pvt. Ltd, KOLKATA
3Shri Bimal Kumar Choudhary
Anmol Biscuits Pvt. Ltd, KOLKATA.
4Shri Dilip Kumar Choudhary
Mukund Foods Pvt. Ltd, KOLKATA
5Shri Sachidanand Paul
Madhabi Biscuit Pvt. Ltd, KOLKATA
6Shri Manjit Singh
Bonn Food Industries, LUDHAINA
7Shri Ganesh Prasad Agarwal
Priya Food Products Ltd, KOLKATA
8Shri D S Jabamany
Veeramani Biscuit Industries Ltd, HYDERABAD
9 Shri Sai Kumar
Australian Food India Pvt. Ltd, CHENNAI
10Shri Anoop Bector
Mrs Bectors Food Specialties Ltd, LUDHAINA
11Shri Om Prakash Gupta
Raja Biscuit Industries Pvt. Ltd,DELHI
12Shri Avni Bader
M/s Nezone Biscuits Pvt Ltd, TEZPUR
13Shri Ramesh Kumar Agarwal
Ravi Foods Pvt. Ltd, HYDERABAD
14Shri Ankur Mutreja
Apsara Food Industries Pvt. Ltd, GHAZIABAD
15Shri Kulwant Singh
Supreme Food Product, LUDHAINA
Shri Deepak Bherwani seconded the proposal.
The President declared that the above mentioned Office Bearers and Members of theManaging Committee have been unanimously re-elected for the year 2008-09.
The President also mentioned that the following Members will be co-opted as Special Invitees to the Managing Committee for the year 2008-09: -
1Shri Raj Kumar Agarwal
Raj Agro Products Pvt. Ltd, HYDERABAD
2Shri K D Pal, President
West Bengal Biscuit Manufacturers Welfare Association, KOLKATA
3Shri Jaswant Singh
President
U.P.Biscuit Manufacturers Association, KANPUR
4Shri Gangadhar Y Kadam
Shree Anchillary Industries, MUMBAI
5Shri Sanjeev Kaushal
New Era Machines Pvt. Ltd
LUDHIANA
6Shri Satya Pal Trehan
Harish C. Khosla And Co. Pvt. Ltd., DELHI
Item 3APPOINTMENT OF AUDITORS FOR THE YEAR 2008-09
The Shri Gobind Choudhary, Vice President proposed that M/s Y D Singh & Associates, Chartered Accountants, NOIDA be appointed as Auditors of the Association for the year2008-09 at a remuneration of Rs. 5000/- p.a..
Shri D S Jabamany Seconded the proposal.
The President declared that M/s Y D Singh & Associates CharteredAccountants, NOIDA have been appointed as Auditors of the Association of the year 2008-09 at a remuneration of Rs. 5000/- per annum.
There being no other item on the Agenda, the President declared termination of the 1st Annual General Meeting of IBMA.
The meeting ended with vote of thanks to the Chair.
Sd/-Sd/-
(K P Mohandas) (B P Agarwal) Secretary General President
______
Circular: - No/IBMA/AGM/538
Dated 1st August 2008
Copy forwarded to: -
ALL MEMBERS
MANAGING COMMITTEE
ASSOCIATION MEMBERS
(K P Mohandas)
Secretary General
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