LIMIT OF MEMBERS:
The Number of Members shall be unlimited.
CLASS OF MEMBERS:
There shall be only one class of members e.g., ORDINARY MEMBERS.
QUALIFICATION OF MEMBERS:
Any individual, firm, company, corporation or co-operative society (hereinafter called firm or company) having his or their established place of business in India and being in the Tea Trade shall be eligible for ordinary membership, subject to such qualification and terms and conditions as may be prescribed by the Executive Committee of the Association from time to time.
REGISTERED BROKERS:
Brokers in Tea trade operating in India may, on application and subject to such terms and conditions as prescribed by the Executive Committee of the Association become Registered Brokers of the Association but they cannot exercise any voting right.
REPRESENTATIVES OF THE MEMBERS:
One representative being the Proprietor, Partner, Director or Principal Officer or any other person duly authorised in writing by the member may represent in the Association at any time, and will be eligible to vote.
PROCEDURE FOR BEING A MEMBER:
Every applicant for membership shall be proposed by one member being competent to vote and such an applicant shall apply in writing to the Hony. General Secretary of the Association in the forms as prescribed in Appendix “A” and must agree to abide by the Memorandum, and Rules and Regulations framed from time to time.
RIGHT AND DUTIES OF MEMBERS:
8.(I) Subject to the other provisions of these Rules and Regulations, the
rights and obligations of all the members of the Association shall be
the same.
(ii) Every bonafide member of the Association shall reserve the right:
To vote or to be elected in any election of the Association provided that
he has no dues or arrear to the Association at the time of filing the
nomination papers;
To avail of the services of the technical and consultancy, library and other services as may be provided by the Association from time to time on such terms and conditions as may be prescribed by the Executive Committee;
To submit suggestions for the better working of the Association;
To inspect the books of Accounts and records of the Association, on appointment with Secretary or the Treasurer, subject to such rules and regulations, and conditions, as may be prescribed by the Executive Committee.
FEES PAYABLE BY MEMBERS
9.A(I)Every applicant proposing to be a member of the Association shall pay Entrance fee(Proposed)of Rs. 11000/-(Rupees Eleven thousand only) and every member shall pay the Annual Subscription (Proposed) of Rs.1500/- (One thousand one hundred only) and which amount may from time to time be fixed by the Executive Committee, subject to being General Meeting.
(ii) The entrance fee payable under Sub-Clause (I) above shall be paid along
with the Application form for membership
(iii)The annual membership subscription shall be payable in the first month
of the financial year. A grace time may be allowed by the president and
the secretary up to the 3rd month of the financial year. After that the
member shall be treated as a defaulter and he will not be entitled to
exercise the rights and privileges as a member until he clears up his
dues in full. Such member can only exercise voting rights if the dues
have been paid in full before the Annual General Meeting, or Extra
Ordinary General Meeting as the case may be.
9. B(i) An applicant for membership shall furnish all such further particulars
as may be required by the Executive Committee. The decision of the
committee with respect to the acceptance or rejection of any applica-
tion for membership shall not be bound to give any reason for their
action.
(ii) Every Broker proposing to be a Registered Broker of the Association
shall pay the entrance fee of Rs.0000/- and every Registered Broker
shall pay annual subscription fee Rs. 0000/- or such amount as may
from time to time be fixed by the Executive Committee, subject to it
being ratified by the Annual General Meeting.
REGISTER OF MEMBERS
10. The Association shall keep at its Registered Office in one or more
books, a register of its member, and enter there in the following
particulars :
The name and address of each member.
The name of the person nominated as representative by the member.
The date on which the member was admitted.
The date on which any person ceased to be a member.
CHANGE OF ADDRESS/NOMINEE/REPRESENTATIVE
11. Every member shall notify to the Secretary forthwith any change of
address. Such altered address and the name of any substituted
nominee, appointed by a Member sanctioned by the committee shall
immediately be entered into the Register. The address so registered
shall be the registered address of the member. It is, however, provided
that the Proprietor, Partner, Director and Principal Officer or authoris-
ed Representative alone of a Member firm or company can represent
the Member firm or company when duly authorised by the member to
do so and recognised by the committee as the Official Representation of
the member. If and when two or more representatives of a member
firm or company attend any meeting the official representative of the
member only will be entitled to vote.
CESSATION OF MEMBERSHIP
A member shall cease to be a member of the Association in the
following circumstances :
On his voluntary resignation by a letter addressed to the Secretary of
the Association;
On his annual subscription remaining unpaid in terms of clause 9 (iii)
herein before mentioned;
On his being adjudged insolvent or in the case of a company or
corporation when winding up orders have been passed with regard to
such company or corporation or when it has gone into voluntary
winding up;
On his cessing to be qualified/eligible for membership in terms of these
Rules and Regulations;
In case of an individual, on his being proved to be of unsound mind or
when convicted of and offence involving moral turpitude.
On his not abiding by the Rules & Regulations of the Association and
acting contrary to these rules.
TIME & PLACE OF GENERAL MEETING
The Annual General Meeting of the Association shall be held at the
Registered office of the Association or at any place within the city of
Siliguri on such date, which is not a public holiday, and during business
hours as fixed by the Executive Committee at any time within six
months after the closing of the financial year.