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Monday, October 21, 2013

Denzong Welfare Assc protests Companies Act 2013

GANGTOK, 20 Oct: Denzong Welfare Association, Gangtok, convened a meeting on Saturday at its head office in Development Area to discuss the repeal of Registration of Companies (Sikkim) Act, 1961 by the Companies Act, 2013 of the Union Government of India. The association has resolved to protest this move, and apart from extending support for the stand taken by Rajya Sabha MP Hissey Lachungpa in the Rajya Sabha, thumbed down Corporate Affairs Minister Sachin Pilot’s failure in taking Sikkim into confidence as promised before notifying the new Act.
A DWA press release issued by its president Phurba Sherpa informs that the Saturday meeting concluded that the Companies Act, 2013 was not beneficial for the Sikkimese people and hence decided to protest the repeal of Registration of Companies (Sikkim) Act, 1961.
The Bill, it may recalled was passed without discussion in the Lok Sabha, having been tabled and passed through what is now routine pandemonium in the House and DWA, like SKM has not taken lightly to the Lok Sabha MP Sikkim not having spoken on the matter and has demanded his resignation on moral grounds.
The opposition recorded by Rajya Sabha MP Hissey Lachungpa has been welcomed and supported by DWA. It has also rued the failure of Corporate Affairs Minister to hold consultations, as promised, with the State Government before the Act was notified.

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