M i n u t e s of the Meetingof the Governing Council of INTERNET AND MOBILE ASSOCIATION OF ASSOCIATION held on Tuesday the 5th June, 2007 at 406, 4th Floor, Ready Money Terrace, 167, Dr. Annie Besant Road, Worli, Mumbai – 400 018 at 11.00 a.m.

The Following Members of the Executive Council were present:

1. Anupam MittalChairman

2. Avnish Bajaj Vice Chairman

3. A K Velu Treasurer

4. Subho Ray President

The Following Members of the Governing Council were present:

  1. J Murugavel, Incoming Chairman, IAMAI [Bharatmatrimony Group]
  2. Jaspreet Bindra, Incoming Vice Chairman, IAMAI [Microsoft Corporation, India]
  3. Upen Roop Rai, Incoming Treasurer IAMAI [Time Internet Limited]
  4. Ashish Kashyap [MIH Internet]
  5. Abhay Palkar [Connecturf]
  6. Vishwas Patel [Avenues]
  7. Anupama Salvi [Avenues]
  8. Vivek Nayak [Avenues]
  9. Chaya Brian Carvalho [BC Webwise]
  10. Deepak Jacob [eBay India]
  11. Deepa Thomas [eBay India]
  12. Dinesh [Communicate2]
  13. Gulrez Alam [Communicate2]
  14. Manish Agarwal [Rediff.com]
  15. Piyush Shah [HT Media]
  16. Premlesh Machama [Sify]
  17. Rehan yar Khan [Yo4Ya Digital]
  18. Rohit Sharma [Zapak]
  19. Sanjay Sinha [ACL Wireless]
  20. Sheena Kapoor [TimesofMoney]
  21. Amar Deep Singh [interactive Avenues]
  22. Chetan jain [i2i Technologies]
  23. Ansoo Gupta [Pinstorm]
  24. Maya Hari [Google India]
  25. Sandeep Shrivastava [Yahoo India]
  26. Naveen Surya [ITz Cash]
  27. Sunil Miranda [Interactive Avenues]
  28. Vibhas Mehta [People Group]
  29. Lekhesh Dholakia [IAMAI Counsel]
  30. Ameya Kapandak [TImesofMoney]
  31. Achal Shah [TimesofMoney]
  32. Mehul Gupta [IAMAI]
  33. Gaurav Chopra [IAMAI]
  34. Kalyan Biswas [IAMAI]

Mr. Anupam Mittal took the Chair. He welcomed the Members to the Meeting. Then, he requested President Dr. Subhajyoti Ray to ascertain the quorum. The proper quorum being present, he called the meeting to order and commenced the proceedings of the Meeting.

Item No: 1

Confirmation of the Minutes of the last Meeting of the Governing Council:

The President placed before the Members of the Governing Council the minutes of the last meeting of the Executive Council duly signed. The minutes were read and the same were confirmed by the Members as correct.

Item No: 2

Adoption of Accounts

The President placed before the members the draft Income & Expenditure Account for the year ended and Balance sheet as at 31st March, 2007 of the association. After that, following resolutions were passed:

"RESOLVED THAT the draft of the Income & Expenditure Account and Balance sheet in respect of the year ended 31st March, 2007 as submitted before the meeting be and is hereby approved and that the same be signed on behalf of the Association by the Chairman, Vice Chairman and President of the Association."

"RESOLVED FURTHER THAT out of the income of the trust for the previous year(s), relevant to the assessment year 2007-08 and subsequent previous year(s) 2006-07 an amount of Rs. 31,03,196/- being 17.35 per cent of the income of the trust / institution / association such sum as is available at the end of the previous year(s) should be accumulated or set apart till the previous year(s) ending 31-03-2012 in order to enable the trustees / governing body by whatever name called, to accumulate sufficient funds for carrying out the following purposes of the trust / association /institution :-

(1) Education

RESOLVED FURTHER THAT necessary applications shall be made and required forms shall be filed with the office of The Income Tax Officer (Exemptions) - I (1) to claim the above income exempt u/s 11 of the Income Tax Act, 1961"

Item No: 3

Introduction of New office Bearers

The President informed that as per the rules and regulations of the association, new office bearers needs to be elected in place of the existing members of Executive Council and after a discussion following resolutions were passed unanimously:

"RESOLVED THAT Mr. Anupam Mittal and Mr. Avnis Bajaj retired from the Chairmanship and Vice Chairmanship respectively who were appointed for the year 2006-07 and Mr. J. Murugavel and Mr. Jaspreet Bindra are hereby appointed as new Chairman and Vice Chairman respectively for the year 2007-08.”

"RESOLVED FURTHER THAT Mr. Velu K. retired from Treasurership who was appointed for year 2006-07 and Mr. Upen Roop Rai is hereby appointed as Treasurer for the year 2007-08.”

"RESOLVED FURTHER THAT Mr. Subhajyoti Ray who was appointed as President of Internet and Mobile Association of India for 2006-07 be and is hereby re-appointed as such for 2007-08.”

“FURTHER RESOLVED THAT these changes in office bearers should be intimated to all the respective Bankers, Statutory and Government Authorities.”

Item No: 4

The following points were discussed and resolved by the members based on the presentation made by the President after discussions:

  1. Internet Penetration: Promotion of the use of internet was considered to be the most important priority for the association. The members strongly felt that much of the success of the internet businesses depended directly on the penetration of internet in the country and it was therefore necessary that the association get seriously involved in policy and other matters that help internet penetration in the country.

There were, however, no concrete ideas on how the association could promote the use of internet, and it was suggested that the governing council be requested form a task force to recommend some action points to the association which would directly and indirectly help the promotion of internet in the country.

In addition, the proposal to organize a consumer show “India Digital World” in partnership with FICCI was also approved by the General Body.

  1. Government Relations: The Genral Body accepted that liasioning with the government on legislation and other issues that impacted the internet and mobile value added services businesses was an important aspect of the association’s work.

The General Body specifically directed the secretariat to liaise with the government to ensure that the broadband penetration and other targets set up by the Ministry of Communications were met.

It also advised the secretariat to carry forward the regular government relations work around fiscal issues and around laws and regulations that impact ecommerce, online advertising, mobile content business and online payments.

The General Body also approved that in consultation with the Governing Council the Secretariat should work on a white paper on “New Ecommerce Laws in India”. The while paper should focus on a progressive and proactive legislation to enable ecommerce in India take off by suggesting new legislations and alterations in the existing laws of the land. This ambitious would be spearheaded by the Government Relations Committee of the association.

  1. Credit Policy and Accreditation Process:The General Body of the association approved the Credit Policy and the Accreditation policy as agreed to and presented to members.
  2. Digital Awards: The General Body of the association gave in principle approval to the institution of Digital Awards by the association and left it to the governing council or members nominated by the governing council to decide the way forward.
  3. Training: The IAMAI secretariat in consultation with the Digital Agencies presented a proposal of running training courses in Digital marketing and other modules directly related to the internet industry. The principle behind these courses would be to train young people and prepare them to choose digital industry as a preferred career choice. Indirectly, such training would address the issue of human resource crunch facing the industry.
  4. Support for startups and entrepreneurs: No decision was taken on this issue and no directives given by the general body of the association.
  5. Special Interest Groups: On the formation of Special Interest Groups representing various segments of the industry, the suggestion of the General Body was that such groups should be formed only when required and if the number of members from each such group is enough to justify a special interest group. Otherwise, the General Body felt, that all common industry issues could be represented through mainstream IAMAI activities.
  6. Internal Governance: The IAMAI secretariat also flagged certain issues of internal governance to the General Body covering areas like elections process, election of the Executive Council, Membership, nominations to the governing council. The General Body referred these issues for resolution to the Governing Council of the association.

There being no other business the meeting terminated with the vote of thanks to the Chair.

Chairman

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