An applicant for admission as Ordinary Member or as Associate Member who has withdrawn his application after his application has been submitted to the Managing Committee or after the said Committee has refused admission as such member, shall not be proposed again until after the expiration of six months from the date of withdrawal of application or refusal of admission as the case may be

Entrance fees for membership of the Company shall be payable by the applicant as under:

• The Minimum Annual Membership Subscription payable by the Members is as under:-

              a) Ordinary Member, currently Rs. 30,000/-, but can be changed by the Managing committee as and when required.

               b) Associate Member, currently Rs. 30,000/-, but can be changed by the Managing committee as and when required.

• Each member shall pay the minimum Annual Membership Subscription in one installment payable not later than 31st March of the financial year, provided however, member may elect to pay the said subscription in two half yearly installments or in four equal quarterly installments by giving due intimation thereof to the Secretary General on or before 15th April of the financial year.

• Where any member elects to pay the minimum Annual Membership Subscription in half yearly installments, the same shall become payable on or before 30th and 31st of September and March respectively.

• Where any member elect to pay the minimum Annual Membership Subscription in quarterly installments, the same shall become payable on or before 30th or 31st day of June, September, December and March respectively.

• A new member of the Company shall , within 15 days of his admission as an Ordinary or Associate Member , pay the minimum Annual Membership Subscription as applicable in lumpsum or in installments as aforesaid on the basis that full subscription is payable in the quarter in which such member is admitted irrespective of the date of admission.

• Any member of the Company whose membership is terminated during any quarter shall pay the subscription for that quarter irrespective of the date on which membership is terminated.

No amount whatever of minimum annual membership subscription, entrance fees or other contribution towards shortfall or deficit of the expenses, received from the members by the Company shall become refundable on any member ceasing to be such member in any manner whatever, but member shall continue to be liable to pay for any dues payable to the Company on these accounts.

If any Ordinary member or an Associate member shall fail the minimum membership subscription, contribution or any other dues within three calendar months after the same shall have become due, such member shall be liable to be removed from the membership at the discretion of the Managing Committee.

By resignation:- Any Ordinary Member or Associate Member may resign from the membership of the Company by giving three months notice in writing to the secretary General and upon expiration of any such notice, such member shall cease to be a member of the Company and his name shall be removed from the Register.

An Ordinary Member or an Associate Member shall cease to be a member of the Company –

• if the member tenders resignation from such membership in writing to the Company and such resignation is accepted by the Committee.
• if the member ceases to posses the requisite qualification.

• if the Membership is terminated under the provisions of these Articles.

• if the member shall be wound up.

• if the factory (ies) for manufacture of Processed Glass of the member has/ have ceased to be in operation for a continuous period of one year unless the member has obtained permission of the Committee for its continuation as a member.

• If a member fails to pay within specified period after written demand has been made for payment of the annual subscription and/ or any contribution expenses of the Association determined and/ or payable in accordance with the Articles and a resolution has been passed by
  the committee that such a member shall cease to be a member.

• if a member fails to observe any of the Rules of the Company or the decision of the committee or the General Body which may have been made in conformity with these Articles a resolution has been passed at the General meeting then such a member shall cease to be a member.

• A member ceasing to be an Ordinary Member or Associate Member of the Company shall forfeit all rights to or claim upon the Association.

• The Managing Committee shall have the rights to investigate into qualification of membership of any Ordinary Member/ Associate member from time to time and to decide upon its eligibility for continuance of such membership.

• Any member who is dissatisfied with the decision of the Managing Committee regarding its eligibility and continuance of membership of the Company shall be entitled to have the matter referred to two Arbitrators, one to be appointed by such member and the other to be appointed by the Company. Any decision of the Arbitrators appointed in pursuance hereof or of any umpire as the case may be, shall be conclusive and binding upon such member and the Company. The arbitration shall be in accordance with the provisions of Arbitration Act, 1940 or any statutory modification or re-enactment thereof for the time being in force.

Any corporation or firm which ceases to be an Ordinary Member or Associate Member of the Company in any manner as aforesaid or otherwise, shall continue to be liable in terms of Clause 8 of the Memorandum of Association, should the Company be wound up within a period of one year from the date of such termination of membership.

• In addition to the minimum annual membership subscription at the rates prescribed above, the Managing Committee shall be vested with the power to raise funds, required for meeting the expenses of the Company each year, as nearly as possible, in the following manner: “The total amount to be raised based on the projected estimates of expenditure of the Company for every year shall be assessed and approved by the Chairman during the first half of every year. The minimum income comprising the aggregate amount of minimum annual membership subscriptions for the year realised or realisable, shall be deducted from such estimates and the shortfall/ deficit of income over such estimate of expenditure arrived at Each Member, whether Ordinary or Associate, shall contribute to such shortfall/ deficit in proportion to its turnover (rounded off to lakhs) relating to the Processed Glass as per its last published Balance Sheet, on the basis of a quotient arrived at as under : Shortfall or deficit of Income X Turnover of Processed Glass of the Member / aggregate turnover of Processed Glass of all Members”.

ent

• Every Ordinary member shall nominate not more than _______ persons, each of whom shall either be a Director or senior executive in the case of member who is a Company and a partner or senior executive of a member who is a firm, as a representative of such member. Every such nominee shall be entitle to exercise all or any of the rights and privileges of membership as regards attendance and voting at meeting and otherwise generally as effectually as the member represented by him but ____ nominees of the same member shall not be entitled to do so simultaneously. A nomination once made may subsequently be altered from time to time in writing to the Company. Every notice of nomination or alteration thereof should reach the Secretary General not later than two clear days before the date of a general meeting.

• The Company shall keep at its registered office a register to be called “Register of Ordinary Member and of persons to act and vote for members” (herein referred to as the ” Register”) and the names and other particulars of all Ordinary Members of the Company shall be entered in the said register together with the names of all persons entitled to or empowered in accordance with these Articles, to act and vote for such member (herein after referred as “Accredited representatives”, is soon as the names of such accredited representatives and all particulars regarding them and all formalities shall have duly notified and observed in accordance with these Articles and when the names of more than one person shall be notified to act and vote for any one member of the Company, the names of such accredited representatives shall be numbered in the order or precedence in which such persons are entitled to act and vote for such member.

The Company shall in each year hold a general meeting as its Annual General Meeting in addition to any other general meetings in that year.

• At every General Meeting the following business shall be transacted as ordinary Business:

• At least 21 clear days’ notice in writing of any general meeting specifying business to be transacted thereat and the place, date and time of the meeting shall be given to every member of the Company but the accidental omission to give notice to or non-receipt of notice by any member shall invalidate the proceeding at the meeting.

Any members desirous of moving any resolution at any General meeting shall give in writing to the Secretary General at least twenty eight clear days’ notice thereof before the date notified for holding of the said meeting.

• The Managing Committee may call an extra-Ordinary General Meeting whenever in their opinion any question of importance shall arise and shall be bound so to do on receiving a written requisition signed by Ordinary members holding at least one tenth of the total voting power of all the Ordinary members and having at the said date a right to vote in regard to that matter, notifying object for which the Extraordinary General Meeting is to be called. No business shall be transacted at an Extra-ordinary General Meeting other than that for which the meeting has been called.

A notice shall be given by the Company to any member either personally or by sending it by post to it at its registered address by properly addressing, prepaying and posting the letter containing the notice and, subject to the provision of Section 53 of the Act, the same shall be deemed to have been delivered at the expiration of 48 hours after the notice was posted.

All General Meeting, Annual or Extraordinary, shall be presided over by the Chairman and in his absence by the Vice Chairman, If neither the Chairman nor the Vice Chairman is present or if the Chairman and the Vice Chairman are present, but are unwilling to act as Chairman, then the members of the Managing committee may elect one of its members as Chairman, of the meeting. If no members of the Managing Committee is present or is unwilling to act as Chairman, the meeting may elect any Ordinary member present as Chairman.

Quorum at all General Meeting of the Company shall be ten ordinary members present in person.

• If all meetings at which the election of the members of the Managing Committee should ordinarily take place quorum is not present such meeting shall stand adjourned till the same day in the next week at the same time and place. In any other case, the meeting shall adjourned to the same day in the next week, at the same time and place, or to such other day and at such other time and place as the Managing Committee may determine.

Voting Rights

• At any general meeting of the Company a resolution put to the vote of the meeting shall be decided on a show of hand by Ordinary members unless a poll is (before or on declaration of the result of the show of hands) demanded by any Ordinary member or members present in person or by proxy and holding not less than one-tenth of the total voting power or by the Chairman of the meeting and unless a poll is so demanded, a declaration by the Chairman that a resolution has on a show of hands by Ordinary members been carried unanimously or carried by a particular majority or lost and an entry to the effect in the Minute Book of the Company shall be conclusive evidence of the fact without proof of the number or proportion of the votes recorded for or against the resolution.

• In case of an equality of vote, either on a show of hands or a poll, the chairman of the meeting shall be entitled to a second or casting vote.
• The demand of a poll shall not prevent the continuance of a meeting for the transaction of any business other than the question on which a poll has been demanded.

• No Ordinary member shall be entitled to vote at any meeting either through his accredited representative or his proxy unless all moneys due from it to the Company have been paid.

• On a poll, the votes may be given either through a representative or through a proxy properly appointed for the purpose. The instrument appointing a proxy shall be in writing and in the case of a member who is a company under the Common Seal of the member.

• Any corporate Ordinary member of the Company entitled to attend and vote at a meeting of the Company shall be entitled to appoint a representative by a proper written instrument and the representatives so appointed shall have a right to attend and vote at such meeting and also the right to speak at the meeting.

• Any Ordinary member of the Company, entitled to attend and vote at a meeting of the Company shall be entitled to appoint another person (whether a member or not)as his proxy to attend and vote instead of himself, but a proxy so appointed shall not have any right to speak at the meeting.

• The proxy shall be in such form as is prescribed in the Act.

• The instrument appointing a proxy and the power of attorney or other authority (if any) under which it is signed or a notarially certified copy of that power of authority shall be deposited at the Registered office of the Company not less than 48 hours before the time for holding the meeting at which the person named in the instrument of proxy proposes to vote and in default the instrument of proxy shall not be treated as valid.

• There shall be a Managing Committee, comprising individual representatives of the Ordinary Members elected in the manner set out hereinafter.

At every Annual General Meeting, the General body shall elect the members of the Managing Committee in the following manner:

A member of the Managing Committee shall cease to be such member:

• A meeting of the Managing Committee shall be held at least once in every three calendar months and at least four such meeting shall be held in every calendar year.

The Managing Committee shall have power at any time and from time to time appoint any person to fill any casual vacancy in the Committee, provided however that where member of the Association whose nominee/ representative vacated the office of a Ordinary member of the Managing committee before expiry, of his tenure of office thereby causing the casual vacancy, furnishes to the Company a new or substituted nomination of any other person for appointment in the causal vacancy so caused, the Managing Committee shall not refuse to appoint such new person in the casual vacancy except on grounds contained in Section 283 of the Act.

The Managing Committee may at any time appoint an alternate member to act for a Member of the Committee (hereinafter called “the Original Member”) during his absence for a period of not less than three months from the state where the meetings of the Managing Committee are ordinarily held. An alternate Member appointed under this Article shall not hold office as such for a longer period than that permissible to the original member in whose place he has been appointed and shall vacate office if and when the original member returns to the State where meetings of Managing Committee are ordinary held.

There shall be an executive Committee comprising the Chairman and the Vice Chairman of the Managing Committee and the immediate Past Chairman of the outgoing Managing Committee, who shall advise the Managing Committee on the formulation of policy from time to time and on such other matters as may be referred to it by the Chairman and its term of office shall expire at the conclusion of each Annual General Meeting of the Company. The Chairman of the Managing Committee shall be the Chairman of the Executive Committee. The Chairman may convene meetings of their Executive Committee at such times and places as he may consider proper or, where be may deem fit, obtain the views of the Members of the executive by referring the matters to them.

The Chairman of the Managing Committee shall act as Chairman and preside at all General Meetings and at all the meetings of the Managing Committee and of the Executive Committee.

The management of the Association shall be vested in the Managing Committee which in addition to the powers and authorities by statue or by these Articles expressly conferred upon it, may exercise all such powers and to do all such acts and things as shall be by statue or by these Articles directed or authorised to be done by the Company, a Company limited by guarantee and which are not by these Articles or by statute expressly directed to be done by the company in general meeting, but, subject nevertheless as to such acts and things as are-not regulated by statute or by these Articles to such regulations or directions as may from time be determined upon or given at any General meeting of the Company provided that no such regulation or direction shall invalidate any prior act of the Managing Committee which would have been valid if the regulation or direction had not been made or given.

• To appoint representatives of the Company for serving on any Committee, governmental or otherwise, on which the Company has been invited to be represented or to act for the Company for any other specified purpose.
• To appoint such sub-committees, the Managing Committee may deem it advisable for the purposes of investigating and,

• To invite any member of the Company not being a member of the Managing Committee, to be present at any meeting of the Managing Committee and participate in its deliberation, provided, however, the member so invited shall not have the right to vote at such meetings of the Managing Committee.

• To institute, conduct, defend, compound or abandon any legal proceedings by or against the Company, its officers, or otherwise concerning the affairs of the Company and also to compound and allow time for payment or satisfaction of any debts due, and if any claims or demands by or against the Company and to refer any differences to arbitration and observe and perform any awards made thereon.

• To open any account or accounts with such bank or banks as the Managing Committee may select or appoint, to operate on such accounts, to make, sign, draw, accept, endorse or otherwise execute cheques, promissory notes, drafts, hundies, bill of exchange, bill of lading and other negotiable instruments, to make and give receipts, releases and other discharges for money payable to the Company and for the claim and demand of the Company and to close such bank account or accounts.

• To borrow or raise or secure the repayment of any sum or sums of money as may be decided upon by the Managing Committee time to time.

• Subject to the provisions of section 292 and 372 of the Act, to invest and deal with any money of the Company not immediately required for the purposes thereof, upon such security or without security and in such manner as they may think fit, and from time to time to vary or realise such investments. Save as provided in Section 49 of the Act, all investments shall be made and held in the Company’s own name.

• To determine from time to time who shall be entitled to sign, on the Company’s behalf, bills, notes, receipts, acceptances, endorsements, cheques, dividend warrants, releases, contracts and documents and to give the necessary authority for such purpose.
• To provide for the welfare of the employees or ex-employees of the Company and the wives, widows and the family of the dependents or connections of such persons, by building or contributing to the building of house dwellings or chawls by grant of money permissions, gratuities, allowances, bonus or other payments; or by creating and from time to time subscribing or contributing to the provident funds and trusts and by providing and subscribing and contributing towards places of instruction and recreation, hospitals and dispensaries, medical and other assistance as the Managing Committee shall think fit; and to subscribe or contribute or otherwise to assist or to guarantee money to charitable, benevolent, religious, scientific, national or other institutions or objects which shall have any moral or other claim to support or aid by the Association either by reason of locality of operation or of public and
  general utility or otherwise.
• From time to time and at any time to establish any local Committee for managing any of affairs for the Company in any specified locality in India elsewhere and to appoint any person to be Member of such local committee.

• Subject to the provisions of Section 292 of the Act, from time to time, and at any time to delegate to any person so appointed any of the powers, authorities, and discretion for the time being vested in the Managing Committee other than their power to make loans of borrow moneys and to authorize the members for the time being of any local committee or any of them, to fill up any vacancy therein and to act notwithstanding vacancies; and such appointment or delegation may be on such terms and subject to such conditions as the Managing Committee may think fit, and the Managing Committee may at any time remove any person so appointed, and may annual or vary such delegation.

• At any time and from time to time by power of Attorney under the Seal of the Company, to appoint any person of persons to be the Attorney or Attorneys of the Company, for such purposes and with such powers, authorities and discretion (not exceeding those vested in or exercisable by the Managing Committee under these articles excluding the power to make loans and borrow moneys) and for such period and subject to such conditions as the Managing Committee may form time to time think fit.

• Subject to the provisions of Sections of Section 297 of the Act, for or in relation to any of the matters aforesaid or otherwise for the purpose of the Company, to enter into all such contracts and execute and do all such acts, deeds, and things in the name and on behalf of the Company as may be considered expedient.

The Managing Committee shall prepare and send to all the members of the Company an Annual Report on the activities of the Company together within the audited Balance Sheets and income and Expenditure Account at least twenty one clear days before the Annual General Meeting and the same shall be placed before the members at the Annual General Meeting for adoption.

No member of the Company shall be subject to any liability beyond payment of entrance fee, annual subscription and contributions under Article 11, 12 and 13 and except as provided by the Memorandum of Association.

Except as herein otherwise provided, no article shall be made or repealed and no new Articles shall be added or made unless the proposal to make, alter, repeal any such article or articles is passed by a majority of not less than three-fourth of the Ordinary members of the Company present and voting either in person or by proxy at a General meeting of the Company. Twenty-one clear days’ notice shall be given of any such resolution giving full particulars of the proposed alterations, repeals or additions. Such enactments, alterations, repeals or additions shall come into force on and from the date of the General Meeting accepting the same, or from such date as the General Meeting may resolve.

Subject to the provisions of Section 201 of the Companies Act, 1956, every officer or office-bearer for the time being of the Company shall be indemnified out of the assets of the Company against any liability incurred by him in defending any proceeding, whether civil or criminal in which judgement is given in favour of or in which he is acquitted or in connection with an application under Section 633 of the Act.

• The Company shall adopt a Common Seal for the Company and shall have power from time to time destroy the same and substitute a new Seal in lieu thereof, and the Managing Committee shall provide for the safe custody of the Seal for the time being and the Seal shall never be used except by the authority of the Managing Committee previously given.

Every deed or other instrument, to which the seal of the Company is required to be affixed, shall be signed by any member of the Managing Committee and the Secretary General or some other person authorized by the Managing Committee for the purpose.