Kolkata, April 8. Faculty members of the Indian Institute of Management, Calcutta (IIM-C) are companies in their opposition to the Union Human Resource Development Ministry’s move to reduce taxes.

Prof. Asish K. Bhattacharyya, Dean (planning and management) of IIM-C and spokesperson of the Faculty, told Business Line, the Faculty of the opinion that the tax was cut under the autonomy of the Institute, which is registered by the association as a body independent, and not a hotel.

Professor Bhattacharyya said that there is an option of the Faculty, have resorted to legal measures. “We are considering all options. The judicial process is not a privileged, but we are obliged for such a measure as a major group of IIM-C,” he says. ”

“We also ask, Mr YC Deveshwar, president of the Governing Council on its draft resolution on reducing fees. IIM-C Faculty strongly believes that the Department of command on the subject was not a” mandatory “At the Institute. Approval for the new session at the IIM-C would begin in late May or early April.

Mr. Deveshwar, it is scheduled for April 16 Faculty.

In addition, the Supreme Court today directed all six IIMS to submit their comments on the issue of reducing costs by 16 April. The summit also court fixed the hearing of the public interest litigation on the subject, the same day. IIM-C response to the Supreme Court directive on the fee reduction would be completed early next week, according to the Institute of sources.

Prof. Bhattacharyya said: “We are discovering, through legal formalities, if we ever move the court”.

Regarding the issue of autonomy of the Faculty representatives pointed out that the memorandum of freedom of association and rules of IIM-C had clearly stated that “the general superintendence, direction and control over business of society (IIM-C-Gesellschaft) their income and property is vested benefits to the board of directors of the company, which bears the name “Board of Governors.”

The Faculty Council has estimated that the chairman of the Board of Governors, has been specially assigned by which they make, the resolution, Mr. Deveshwar could not as a “compromise” the autonomy of the committee. “The Institute of revenue, academic freedom, decisions concerning the students’ teacher-report and the curricula could not part of the area of the state,” he observed.

Prof. Bhattacharyya also pointed out that the IIM-C Faculty had a position paper of the Government in question to move in a reduction of taxes and the question of autonomy over a month ago, was the distribution to the officers.

The Faculty Council of Indian Institute of Management, Calcutta (IIM-C), Tuesday, a petition before the Supreme Court for impleading itself as co-respondents in the case of PIL against cut costs, for HRD on the Union in all Department of IIMS Government of the European Union.

Hearing on PIL is scheduled to begin on 16 April.

The IIM-C Faculty decided to representation, whoever may be made by the Board of Governors of the Institute. Prof. Asish Bhattacharyya, Dean (planning and management) of IIM-C and spokesperson of the Faculty, said the Business Line, there is a clear difference between the opinion of the Faculty and some members of the Board of Governors Tax on the issue of interface and the exercise of autonomy of the Institute.

The Faculty Council felt that the independence of representation should be addressed to bring the case before the Court of art.

“The Faculty feels that some members of the Board of Governors can not exercise their independent judgement in the interest of the institute. It is therefore responsible for the faculty, for the interests of the Institute, its teachers and students present and future, “Spokesman.

The Faculty Council, in its application at the end of court, said that “autonomy have so far by the Institute in the pursuit of excellence, not by any political or bureaucratic influence, it would be possible to l ‘Institute, to achieve their current status.

The Faculty is therefore every interest in ensuring that these non-interference in its affairs under way should continue, so that the Institute could be the target, without distraction. ”

Prof. Bhattacharyya also stressed that for the question of standing was concerned, has always questioned, the respondents in the previous hearings, the Institute of the Faculty was better placed than the Alumni Association of the IIM - C. He said, however, were Alumni of transition assistance of the Faculty.

The IIM-C Board of Governors In the meantime, was unable to formalize its response to the Apex Court directive last week for a model to 16 April.

According to some sources, the technical problem of convening a meeting of council is therefore a period of 15 days.

The director of IIM-C and the chairman of the Governing Council understood to have discussed issues related to the Institute’s response to the edge Court directive also as a form adoption of the resolution drafted by the presidency.

The fate of the planned meeting between the Faculty and the president on 15 April seems uncertain, given the evolving situation. Informed sources suggested that IIM-C could try for some time by the Court of art for its presentation, but is optional.

How IIM, Ahmedabad, the Supreme Court today for some cases, pressure on IIM-C, for a formal presentation.

THE faculty council of the Indian Institute of Management, Calcutta (IIM-C) on Monday decided to move the Calcutta High Court challenging the validity of the 164th meeting of the board of governors, which took place on March 26, 2004.

Prof Asish Bhattacharyya, Dean (Planning & Administration) and spokesperson of the faculty council, told newspersons that the validity of the said meeting was being called into question since four members had been replaced or substituted just before the crucial meeting to decide on the fee cut issue.

The council has also recommended that the Director of the institute provisionally maintain the fee structure for the forthcoming session, which begins in May.

Prof Bhattacharyya said that the council has suggested that since the board of governors has not been able to take a decision on fee reduction as directed by the Union HRD Ministry, the continuation of the same fee structure was advisable in view of smooth functioning of the institute as per the curriculum.

In the just concluded two-year session, IIM-C had charged a total of around Rs 2.5 lakh. The payments were obtained in various stages. The initial payment was around Rs 48,000.

“We have also suggested to the Director, who was present at the council meeting today, that fee received in excess of what might be finally decided by the board of governors or the Supreme Court be refunded with interest to the students.”

Prof Bhattacharyya also said that it has been the practice at IIM-C that before every session the faculty would recommend the fee structure and the board would take it up for approval. The council has also suggested that the Director, in the absence of clarity, might keep aside the Central Government’s proposed grant of Rs 4 crore for 2003-04 on account of non-Plan expenditure.

“The fund has not come in yet. But if it comes, the council advises that it should not be used until the matter is resolved by the Supreme Court or through a process of dialogue.” Meanwhile, the IIM-C faculty council has requested the Ministry that it be included in the process of dialogue on the fee revision issue.

The council has decided to form a three-member committee consisting of two faculty members and one alumnus for the proposed dialogue.

Calcutta, April 28. The Faculty Council of Indian Institute of Management, Calcutta Wednesday a petition filed petition before the Calcutta High Court against the validity of the Board of Governors meeting on March 26 had allegedly authorized the Board Chair to take a decision in the issue of fee cut. The tax was revising down by the Union Ministry of Human Resource Development in the six IIMS.

The petition is limited to the validity of the meeting and not the accuracy and validity of fresh cut mandate of the ministry, such as the case is pending before the Supreme Court.

The Faculty written petition took note of the situation, data showed on Thursday that, when appointing members on board and the appointment instead of the representative of European Union members absent government allegedly acted in violation of the rules of the IIM-C.

Tax Cut controversy in India Business Schools the Indian Institute of Management (IIMS), has an interesting turn on Wednesday in the Indian Institute of Management, Calcutta, with its ability open against the president is informed of the decision to accept government, it asserts that undermine the autonomy of the Institute. Enraged on the decision by YC Deveshwar, president of the Board of Governors, to accept the average fee institutes of the Faculty Council emerging dissolved in a meeting, they would all means, including legal objections. Questioning the process of adoption by the president to reach this decision may, in a resolution saying: “Lord Deveshwar took care of only one of the stakeholders and the Ministry of Human Resoure development and financial situation of insecurity. autonomy the institute is thus undermined. ” Later, Profiles Ashish Bhattacharya, Dean, planning and management, told reporters that the Faculty was “shocked and anguished, in the Chairman’s decision and had therefore expected to take on the status of IIM , Ahmedabad, which had the status quo and open a dialogue with the government in this regard. Challenges to the legality of the decision of the president, he said he was not the assent of the Supreme Council, and it there was no need to hasten the matter was sub-court, given the Supreme Court. Deveshwar, but said in a separate press conference that there is no other choice but to accept the government proposal on tax cuts and called upon all find a way to achieve the autonomy of the IIMS instead discuss the impact of cutting fees. Deveshwar approval by the Board at its meeting on March 26 the draft resolution, that the proposal could be made IIMS financial himself to leave large enterprises, a major campus fees. He said that large enterprises, the main beneficiaries of high quality of training through IIMS, he agrees that the costs for courses IIMS. IIM-C currently costs R-15000 recruitment procedures of each campus of the immigrants said he should be in accordance with RS 200000, lead to a total yield of about Rs 80 million more in the form of compensation of about Rs 40 million because of losses of tax revenue - cut. As his attention was paid to resentment among the Faculty, he said that “whatever the assurances to them that their interests are protected, some concerns have truncated. It is quite unfortunate. The Faculty refused Deveshwar’s assertion that there is no other way to say “if the government can spend unilaterally and if the orders of such a command is mandatory for the establishment then, the question arises, what remains within the authority of the Board of Directors and other components of the Institute. “He argued that the president did not recognize that IIM-C was an autonomous institution in societies Registration Act and said,” if the seat and governments of countries wanted to establish a government of a Such registration should not have done. “

Bhubaneswar: The chairman of the Securities and Exchange Board of India (SEBI) M Damodaran on Saturday called management graduates to think, clear, analytical and independent, but within a system of values.

Time, the convocation address at the 15 close-out ceremony of the Xavier Institute of Management Bhubaneswar here, “said the head of SEBI also the best facilities, only poor students of the Skill sets win ‘ other information. But the appropriation of knowledge and correct application, it depends on the ability of professionals.

Damodaran observed that, unlike the predecessors, the current generation is much more in a privileged position that India is considered to be high and so prominent in the thought process throughout the world. “They start with an advantage, if the nation is rising. A glance at the past three months would be enough for world leaders queuing at our door. This opens new perspectives on the opportunities for you,” says it his home.

But with the benefits of Gen-X against the professionals are major challenges for them, as there are fewer excuses and competition in the global arena, he warned.

He also warned the graduates not to adopt and implement solutions that are imported and not synchronous with our problems. Know the challenge and raise the bar-it was an ongoing mantra.

As the 205 were graduates of diplomas, Mukund modes Renner Post-Graduate Program 2004-06, with the LM Kandoi medal. Nitin Goyal has been the success of the executive Amit Kumar 2003-06 PGP program and a ranking of the ranks of the PG programme in rural management 2004-06. Divya Khosla, Leeta Mishra Ankalkoti NTPC gold medal and medal as a lady Renner, personal Roy won the gold medal as NTPC SI & HRM field Renner.

Nitin Jog Ravindra Ravi Sharma won the gold medal for best Memorial versatile, and Agarwala Rohit Kumar won the gold medal Faculty Council for the best students in her class. Among others, Chairman of the Board of Governors Rajive Kaul, Director XIMB E. Abraham, Dean, Finance and Administration, Credit Lyonnais and WAS George William Dean said.

Lucknow, March 18: The Director of Indian Institute of Management Lucknow has defended the B-school for the implementation of the central government’s decision to bar the fee proposal and said it acted to protect the interests of the organization.

“The IIM situation is very different from the rest from other institutions. We have to protect the interests of this organization,” Devi Singh said the “Telegraph”.

“After the board meeting on February 29, we have on the (human resource development) ministry in a letter that we are not a problem in the implementation of the tax cut, if the financial loss would be seen in the process is guaranteed. ”

Singh refused in a proxy war by the media with some other IIMS - especially the “ABC-hall” of Ahmedabad, Bangalore and Calcutta - is awarded, the Government’s move as “populist”.

“I do not want to comment on what other directions IIM say, but as far as my organization, we are reorganizing the entire system of expenditure, and we accept the challenge that is not the quality of implementation instead of academic activities, “he said.

The Board of Governors of IIM Lucknow is not officially commented on the ABCs of the critical reception of the proposal Charge bar, but it is negative 17-page White Paper IIM Calcutta at all IIMS against policy government.

The circuit has a notebook against the arguments advanced in the white paper and sent again.

“They seem paranoid about autonomy. Fund has never been released without information on costs. If we ask that disturbances, “said Singh.

But not all teachers at the Institute of the decision to resume full implementation of the government’s proposal.

Some teachers of the Faculty Council felt it was hasty and complained that the Council should have taken account of the trust.

“The young are easy to mold and so we decided to comply,” said a member of the Faculty hinted at its Institute, which is one of three “young” beside IIMS Indore and Kozhikode.

It is located in the city of Lucknow, the B-school was founded in 1984.

Pupils and students for their sector, they are weighing the effects. “As long as there is no direct influence from the government, we support the Cut-tax policy, as it is for the benefit of students,” said Tirthankar Sunderam, a first year student and member the Committee on Relations with the media.

Another student, but spoke of a unique “sense of skepticism about the decision of the institution”.

Calcutta: The Faculty of the Indian Institute of Management, Calcutta, on Sunday sought distance of six “illegal” members, proposed by the previous NDA government, in their Board of Governors of the decisive meeting before June 18 convened to decide on the proposed structure of the fee IIMS.

“We want the six council members on the illicit removed before June 18, so that the meeting is not considered illegal because of their presence. If they can not be removed, so that they should only as observers and do not participate in the proceedings, Ashis Bhattacharya, dean of the IIM (C) Faculty Council, said here.

Pointing Device, which the Council, the Union Human Resources Ministry on the “complexity possible”, he said: “We hope the Government will take necessary measures for their early removal, preferably before the meeting. ”

The Council argued that the appointment of these members of the NDA government as “illegal” for inclusion was needed before the decisive meeting on March 26 on the proposal for a tax cut, without consultation with the Government of West Bengal.

Furthermore, filed a motion to petition the High Court of Calcutta April 28 against the legality of the 26 March meeting, to authorize the Board of Directors chairman YC Deveshwar on a draft resolution on the tax decrease. Deveshwar later announced acceptance of central directive on the reduction of taxes.

“Given that the case is sub judice, we do not want these members to attend the next meeting,” said Bhattacharya.

With the fee in instalments almost controversy however, the Council wanted the differences with Deveshwar circumcised, until the fee cut problem could be resolved before the meeting.

“We hope that the differences between what the president to resolve by then. We need cooperation, in order to take a decision on the fee structure for the curtains on the continuing controversy,” said Dean.

The meeting next week to benefit from the issue of fee structure as by the heads of six IIMS during his meeting with the secretary general training Union SC Tripathi June to eight.

In addition, the proposal of a “flexibility” must-scholarship program for poor students would also be on the agenda. These proposals, as with the centre, should be that the Boards of Governors of the IIMS of the decision before June 25

KOLKATA: There is a new variant of raufen underway between the Union Ministry of Human Resources Development and the Faculty of the Indian Institute of Management, Calcutta.

The MHRD, a cheque for Rs 4 crore at IIM-C on Thursday evening, with a “goodwill” letter, which are not based on the kindness of members of the Faculty.

During the writing, said that the money is sent to the Institute with the explicit aim, although the deficit, because of the annual fee studies Slash lach Rs 1.25 to Rs 30000, faculty members said that the ministry was only trying “Imagine an act” before the Supreme Court.

While the funds have yet to IIM, Ahmedabad and IIM, Bangalore, it is believed that the money was sent to IIM-C, because its board of governors of the tax by a stroke resolution, while the Faculty defense.

The PIL was brought before the court against the MHRD edge to reach the helm of fees. IIMs of Ahmedabad, Bangalore and Calcutta (Faculty, in the latter case), the intellectual property rights.

The Faculty has been the argument that if the reduced fee, there will be an annual deficit of nearly 6.5 crore But Case, who has served as MHRD, although the deficit from the tax cut, and it is in this sense that the cheque was sent.

A Faculty Council was convened at the meeting last Friday to discuss the removal MHRD and the consequences that result from the fact that at the Faculty of Law to take. The Council discussed the MHRD not a single penny time in 2003-04, apparently while preparing to send at least Rs 6 crore

Therefore, this sudden release of funds is “dressing and intangible assets.

“The tent MHRD for all crazy, making the check. It is much less than what the IIM-C would be needed, if the tax bar is implemented. The Institute is already taken by a lack of resources. We tried, the cost of our bodies, that we have put in place since 1991, a member of the direction of the Faculty said.

“Let the MHRD first version during the last year, the funds and their share for this year, on the Rs 4 crore, before any claim,” said the panel members.