1. The Name of the Association is “Siliguri Tea Traders’ Association”.
2. The Registered Office of the Association will be situated in Siliguri, Dist. Darjeeling.
3. The Objects for which the Association is established are:-
(a) To promote, further and protect the interest of the Tea Trade in general.
(b) To promote co-operation among persons, firms or companies connected with Tea Trade in India whether as manufacturers, producers, exporter or wholesale or retail dealers, commission agents and brokers with view to their adopting a common policy and collectively taking such steps as may be deemed necessary or expedient to further and safeguard the interest of the trade and industry.
(c) To regulate and standardise as far as possible discounts, rebates brokerage, service contracts and other business practices in the Tea Trade.
(d) To promote and safeguard the interest of tea trade by all possible means and in particularly,
(1) Providing a meeting place with facilities for the exchange of views of members and others interested in the trade.
(2) Providing facilities for communication, co-ordination of interests or co-operation with a similar or allied Association or societies in other countries.
(3) Arranging and providing facilities for conference, exhibition, demonstration, lectures, excursions and other function relating to the Tea Trade.
(4) Establishing, equipping and maintaining a suitable laboratory and library for the benefit of the members if possible for the general public.
(5) Investigating, collection and circulating information and statistics relating to the trade and industry.
(6) Educating the general public by all suitable means in the benefits and utility of tea trade from the social, business, industrial and education- al points of view and
(7) Providing facilities and machinery for settlement of disputes by arbitration.
(e) To promote and protect the interest of the Tea Trade and those engag- ed or interested therein including the interest of dealers and exporters, whether wholesale or retail and brokers and to do everything necessary or expedient for all or any of these purposes including the negotiation of and carrying through of amalgamations of any concerns interested in the trade, the constituting of management and winding up of any club or clubs social or other, for those engaged or interested in the Tea Trade and the obtaining of special acts or licences or other constitutions or authority requisite or expedient for the said purpose or any of them.
(f) To enter into any arrangement with the Government of India or any Foreign or Local Government, Indian State, Ruling Prince, Chamber of Commerce, Municipalty, Local Board of any other public or private authorities that may seem conducive to all or any of the objects of the Association.
(g) To present officially the views of the members of any matters affecting or likely to affect the Tea Trade to the Government of India, Local Government, Foreign Governments, Chamber of Commerce and any other public or private authority.
(h) To promote or oppose legislative or other measures affecting the Tea Trade.
(i) To publish an official journal of the Association giving prominence to its aim, objects and activities and for the spread of knowledge and information relating to the Tea Trade and to print and publish any advertisement, newspapers, periodicals, books, lectures, or leaflets that may be deemed desirable.
(j) To make and from time to time alter, revoke, re-enact and enforce rules and bye-laws for the benefit of and binding on the Association and/or its members and if and so far as may be requisite or expedient to apply for statutory power for the making, passing and endorsement of rules or bye-laws binding upon those interested in the tea trade and industry.
(k) To commence, prosecute, appear in, defend, compromise or give up all and every manner of proceedings, civil, criminal or administrative or any arbitration or enquiry or proceedings before any commission, for the protection or assistance of any member of the Association or for otherwise furthering the purpose of the Association or any of them.
(l) To purchase, take or lease or in exchange or otherwise acquire any movable or immovable property, rights or privileges which may be deemed necessary or convenient for any of the purposes of the Association and in particular to subscribe to acquire and hold shares in any company or Association whether incorporated or not, having objects altogether or in part similar to those of the Association.
(m) To sell, improve, manage, develop, lease, mortgage, charge, pledge, hypothecate, dispose of or otherwise deal with all or any of the property, rights or privileges of the Association and to construct, maintain, keep in repair and alter any house, buildings or works necessary or convenient for the purpose of the Association and to pull down or demolish any building, works not required for the purpose of the Association.
(n) To take any gift or property subject to any trust or not, for any one or more of the objects of the Association.
(o) To take any such steps by personal or written appeals or otherwise as may from time to time be deemed expedient for the purpose of procuring contributions to the funds of the Association, in the shape of donations, annual subscriptions or otherwise.
(p) To borrow or raise or secure the payment of money which may be required for the purpose of the Association in such manner as the Association may think fit and in particular by the issue of promissory notes, bonds, or debenture stock charged upon all or any of the Association’s property both present and future and to purchase, redeem and pay off any such securities or loans in such manner as the Association may think fit.
(q) To invest and otherwise deal with the moneys of the Association in such manner as may from time to time be determined by the Committee (except the reserve fund made up of the entrance fees, which shall only expended with the sanction of the general body) and to open and operate on current or fixed deposit accounts with any bank or banks.
(r) To draw, make, accept, endorse, discount, execute and issue promissory notes, bills of exchange, bills of lading, railway receipts, warrants, debentures and other negotiable or transferable instruments or securities.
(s) To provide for the welfare of the employee or employees of the Association and for their wives, widows and families or the dependents of connections of such persons, and to give, award or allow any pension, gratuity, compensation, grant of money, allowances, bonus or other payment to or for the benefit of such persons whether they have or have not a legal claim upon the Association and in particular to provide for the welfare of such persons, by creating and from time to time subscribing or contributing to provident and other funds or trusts, and by providing or subscribing or contributing towards places of instruction and recreation, hospitals and dispensaries, medicals and other attendance and assistances, and to contributes to charitable benevolent or useful objects of a public character, the support of which will tend to increase the repute or popularity of the Association among its members or the public.
(t) To Assign to any member or class of members any preferential, special or qualified rights or privileges over or as compared to any other member as regards voting or otherwise how-so-ever.
(u) To enact laws or bye-laws or resolutions in the matter of purchase or sale of tea and in short over-come any difficulty in furthering the tea trade and to see that these laws, bye-laws or resolutions are respected.
(v) To enact laws, bye-laws or pass resolutions to protect and increase the trade interests in relation to members dealing with factories, manufacturers, shippers, manufacturers, representatives, merchants, members etc., and to see that these are enforced.
(w) To devise means to take steps in deciding disputes between members of Association or between members and other merchants, manufacturers, Producers, shippers, commission agents, indent houses of such other outside party or institution in relation to trade and also with landlords of place occupied by members in connection with rent etc., and to enforce such decision on members and to penalise those who act contrary to such decisions.
(x) To protect members from fraudulent transactions or being duped by any individual firm, corporation or persons, and to assist members reco- vering and collecting their dues from their clients, and to attain the above objects, to invite information from members about defaulters or bad paymasters, to maintain a list of such defaulters, to circulate such information to members from time to time and ask members to stop dealing with any or all of such defaulters for such times as may be necessary and to take henceforth such other steps as may be necessary.
(4) The income and property of the Association wheresoever derived shall be applied solely towards the promotion of objects of the Association as set forth in this memorandum of Association and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, bonus or otherwise however by way of profit to the members of the Association, provided that nothing herein contained shall prevent the payment in good faith of remuneration to any officers or servants of the Association or to any member of the Association or other person in return for any services actually rendered to the Association.