Andhra Pradesh Brahmin Welfare Corporation Limited
GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
Backward
Classes Welfare Department – Andhra Pradesh –
Establishment of Andhra Pradesh
Brahmin Welfare Corporation Limited – Orders – Issued.
BACKWARD CLASSES WELFARE (B)
DEPARTMENT
G.O.Ms.No.11 Dated: 08-12-2014.
Read the
following :-
1. Govt. Memo. No. 2199/B/A2/2014, BCW
Dept., dated: 25.11.2014.
2. From the VC & MD(FAC),
A.P.B.C.C.F.C. Ltd., Hyd Lr.No. 883/B/2014, Dated: 6.12.2014.
-.-
ORDER
:-
Government have allocated funds of
Rs.25.00 Crores (Rupees Twenty Five Crores only) in the B.E. 2014-2015 for the
welfare of Brahmins. To utilize these
funds for the welfare of Brahmins, it is proposed to incorporate a Corporation with a specific mandate of the
welfare of this community and the budgetary provision is to be transferred to the above proposed
quasi-governmental organization with a mandate for Welfare of Brahmins in coordination
with the concerned line departments.
2. Accordingly, in the Memo first read above,
Government have issued orders proposing certain names to the Corporation
to be incorporated and to be applied to
the Registrar of Companies, Andhra Pradesh and Telangana for availability of
name. Government also nominated (7)
Seven signatories to the Memorandum of Association and Articles of Association
and also proposed (3) Three Directors towards the incorporation of the proposed
company. Smt. A. Vani Prasad, IAS.,
Vice-Chairman & Managing Director (FAC), Andhra Pradesh Backward Classes
Cooperative Finance Corporation Limited, Hyderabad was authorised to sign and
submit necessary forms for name availability and matters incidental in the
formation of the proposed corporation to the Registrar of Companies for Andhra
Pradesh and Telangana.
3. In the letter second read above, the Vice-Chairman & Managing
Director (FAC), Andhra Pradesh Backward Classes Cooperative Finance Corporation
Limited, Hyderabad has communicated the “Certificate of Incorporation” issued
by the Registrar of Companies, Hyderabad, Ministry of Corporate Affairs, Government of India.
4. The Registrar of Companies, Hyderabad, Ministry of Corporate Affairs, Government
of India have issued “Certificate of Incorporation” by incorporating the Andhra Pradesh Brahmin
Welfare Corporation Limited under the provisions of the Companies
Act, 2013 on the 5th day
of December, 2014 duly specifying the
company is limited by shares.
5. In view of the above, Government hereby
issue the following
orders with immediate
effect :-
(i) The name of the Corporation is “The Andhra Pradesh Brahmin Welfare
Corporation Limited ”.
(ii) The Andhra Pradesh Brahmin Welfare
Corporation Limited should be a wholly owned enterprise of the Government of
Andhra Pradesh and be registered with an authorised capital of Rs.25,00,00,000/-, consisting
of 2,50,00,000 shares of Rs. 10/- each. The corporation would be capitalised by the
Government as per the needs of the
entity and its activities.
(iii) The first Ex-officio Chairman, Andhra
Pradesh Brahmin Welfare Corporation Limited shall be as under:
Sri M. Dana Kishore, IAS., Secretary to Government, Backward Classes
Welfare Department, Andhra Pradesh, Hyderabad.
(iv) The
first Managing Director and Chief Executive Officer and the Director of the Corporation
shall be as under :-
Smt. A.
Vani Prasad, IAS., Commissioner of
Backward
Classes Welfare, Andhra Pradesh,
Hyderabad.
(v) The
first subscribers to the Memorandum of Association
will be as under :-
(1) Sri M. Dana Kishore, IAS., Secretary to Government,
Backward
Classes Welfare Department.
(2) Ms. Hema Munivenkatappa, IA & AS., Special
Secretary to
Government, Finance Department.
(3) Sri T. Narayana Reddy, Secretary to
Government
I/c., Law Department.
(4) Smt. A. Vani Prasad, IAS., Commissioner,
Backward
Classes Welfare.
(5) Smt. Y.V. Anuradha, IAS., Commissioner,
Endowments.
(6) Smt. G. Raja Pushpa, Deputy Secretary to
Government,Backward
Classes Welfare Department.
(7) Sri K. Sivasankara Rao, Section Officer,
Backward
Classes Welfare Dept.
(vi) The
first Directors to the Memorandum of Association
will be as under:-
(1) Sri M. Dana Kishore, IAS., Secretary to Government,
Backward
Classes Welfare Department.
(2) Ms. Hema Munivenkatappa, IA & AS., Special
Secretary to
Government, Finance Department.
(3) Smt. A. Vani Prasad, IAS., Commissioner,
Backward
Classes Welfare.
(vii)
The Memorandum of Association and Articles of
Association for Andhra Pradesh
Brahmin Welfare
Corporation Limited are
hereby approved.
(viii) The Corporation would be
located in the O/o. Vice
Chairman & Managing Director,
Andhra Pradesh
Backward Classes
Cooperative Finance Corporation
Limited, at D.S.S. Bhavan , Masab Tank , Hyderabad.
6. The Managing Director &
Chief Executive Officer, Andhra
Pradesh Brahmin Welfare Corporation
Limited, Hyderabad
shall take further necessary action
in the matter.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
M. DANA KISHORE
SECRETARY TO GOVERNMENT
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