PM GatiShakti Group evaluates key Infrastructure projects (See 'Corp Brief') IBC - Waiver of rights under contract such as debenture trust deed cannot be implied if agreement explicitly requires such waiver to be in writing: SC (See 'Legal Desk') IBC - Manner in which bank classifies loan as non-performing asset for accounting or provisioning purposes does not determine IBC, if debt was restructured and acknowledged in fresh agreements: SC (See 'Legal Desk') IBC - corporate restructuring under IBC must be prioritized over stalled and ineffective proceedings under Companies Act to protect public funds and larger economic interest: SC (See 'Legal Desk') IBC - NCLT can't Reject Sec 7 application citing corporate debtor's financial health, once twin requirements of debt & default are established: SC LB (See 'Legal Desk') Misc - civil suit cannot be rejected at threshold under Order VII Rule 11 of CPC merely because it contains ground of coercion, undue influence or misrepresentation: SC (See 'Legal Desk') NI Act - Sec 138 of Negotiable Instruments Act pertaining to cheque dishonor apply only when payment fails because of lack of funds: HC (See 'Legal Desk') SEBI - Principles of natural justice required disclosure of the names and basic details of the complainants, as the adjudication would entail civil consequences: SAT (See 'Legal Desk') India, Kenya hold Working Group Meeting on Agriculture through Virtual Mode (See 'Corp Brief') NIFTEM-K to organise Global Platform with Participation from 25 Countries (See 'Corp Brief') IBC - Moratorium u/s 14 of IBC is intended to preserve debtor's estate from creditor actions aimed at debt recovery, but does not interdict sovereign proceedings in rem for attachment or confiscation under Benami Act: SC (See 'Legal Desk') ESIC commences 75th Foundation Year Celebrations (See 'Corp Brief') Misc - Telecom operator is liable to pay reserve price fixed for November 2012, 2G spectrum auction from February 2, 2012, date on which its licence stood quashed: SC (See 'Legal Desk') Stakeholder Consultation held for inputs on proposed Advanced Manufacturing Systems Mission (See 'Corp Brief') IPR - Registration of Device Mark is to be considered as whole and while determining deceptive similarity with another Trade Mark: HC (See 'Legal Desk') Biotechnology will power next industrial revolution: MoS (See 'Corp Brief') IPR - Trademark could not be removed simply for non-use: HC (See 'Legal Desk') Union Minister inaugurates Special Handloom Expo (See 'Corp Brief') India, Brazil sign TKDL Access Agreement for protection of Patent (See 'Corp Brief') Memorandum of Cooperation signed between Digital Bharat Nidhi and AP (See 'Corp Brief') IPR - Registered mark is liable to be removed if not used for continuous period of five years & three months prior to filing of petition, unless special circumstances are shown: HC (See 'Legal Desk') Footwear Design and Development Institute celebrates 5th Convocation Ceremony (See 'Corp Brief') 96% houses under PMAY-U 2.0 allotted for women (See 'Corp Brief') SEBI - Adjudication proceedings are nullified where the noticee has ceased to exist on account of being struck off the RoC: SEBI (See 'Legal Desk') India-Brazil MoU signed to Deepen MSME Cooperation (See 'Corp Brief') IFSCA-IICA unveil Strategic Roadmap to institutionalize Corporate Governance Ecosystem at GIFT-IFSC (See 'Corp Brief') Grant support extended to 5 Innovators under CSR-backed Programme (See 'Corp Brief') Misc - Notice u/s 91 of CrPC cannot be issued to accused person to compel them to furnish information that is based on their personal knowledge: HC (See 'Legal Desk') MoS holds bilateral Talks with Rwanda ICT Minister (See 'Corp Brief') India, Brazil sign MoU to strengthen and secure steel supply chain (See 'Corp Brief') Misc - SICA - failure to repay dues or subsequent financial incapacity cannot constitute cheating in he absence of fraudulent intent at time of inducement: HC (See 'Legal Desk') Supreme Court Clears Path For Single Insolvency Proceedings Against Linked Group Companies (See CORP EINSICHT)

GeM Samvaad - Users share feedback & inputs

Published: Jan 17, 2020

By TIOLCorplaws News Service

NEW DELHI, JAN 17, 2020: GeM Samvaad, a two month long national outreach programme was launched on December 17, 2019 to reach out to stakeholders across the country and also local sellers in order to facilitate on-boarding of local sellers on the marketplace while catering to specific requirements and procurement needs of buyers. The outreach programme took off from December 19, 2019 and during the launch week the States of Karnataka, Uttarakhand, Himachal Pradesh and Andhra Pradesh were covered.

GeM Samvaad is being conducted in all States and Union Territories. After the first four states the outreach programme has been held in J&K on January 05, Ladakh on January 07, Assam and Bihar on January 09 and in Chandigarh on January 08, 2020. All the outreach programmes witnessed overwhelming participation of buyers and sellers. GeM senior officers are steering the programmes. They are also interacting with buyers and sellers attending the events. Arrangements for the outreach programmes including logistics are made by the respective State Governments. The target is to reach out to all stakeholders and learn from their experiences on their usage of GeM portal. Through this outreach programme, GeM expects to make the actual users aware about the new features and functionalities of the portal and collect feedback, which is the first step towards GeM's 'Voice of Customer' initiative.

A Roundtable with Ministries/Departments & Central Public Sector Enterprises (CPSEs) was held on January 14, 2020 in New Delhi as part of GeM Samvaad. It was chaired by Secretary, Department of Commerce, Government of India and CEO GeM. More than 100 participants including Financial Advisors & nodal officers of Ministries, Departments, and representatives of CPSEs participated in the Roundtable and shared their feedback, challenges and suggestions.

The Commerce Secretary highlighted the need for full utilization of the potential of GeM. He stated that Rule 149 of GFR and directives of the Department of Public Enterprises make the procurement of goods and services by Ministries and CPSEs mandatory for goods and services available on GeM and the same should not be violated. The GeM is continuously working to bring all the items on-board and buyers should accelerate this process by providing specifications of categories and asking sellers to onboard GeM. He further emphasized the importance of timely payments to sellers and stated that buyers should ensure payments to sellers on time.

State Departments and Organizations and Public Sector Enterprises (PSEs) have been using GeM for their buying needs. Sellers from the States are also benefitting through the access to national Public Procurement market using the portal. Through GeM Samvaad the marketplace is looking forward to receiving feedback from users which will be used for making improvements and advancements in the system.

GeM has more than 15 lakh products and around 20,000 services, more than 3 lakh registered sellers and service providers and more than 40,000 Government buyer organizations. In its short journey of three years, GeM has processed more than 28 lakh orders worth Rs 40,000 crores in Gross Merchandise Value out of which 50% has been transacted by MSMEs.

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