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2006 Articles of Association

2006 Articles of Association

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Published by: rdfindia on Jan 05, 2011
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 Articles of Association, amended at 2006 AGMTHE RURAL DEVELOPMENT FOUNDATION
 
 ARTICLES OF ASSOCIATION OF THE SOCIETY 
 
(Rules and Regulations)
 
 Article 1: NAME OF THE SOCIETY 
 The name of the Society shall be the RURAL DEVELOPMENT FOUNDATION, which for the purposes of  brevity or convenience may be referred to as RDF.
 Article 2. LOCATION
 The registered office of the Society shall be located in No.502, Kaarnik Towers, 6-2-967 Khairtabad Hyderabad
 
- 500 004.
 Article 3: MEMBERSHIP
 
 Article 3.1: Membership Eligibility 
:The membership is voluntary and open to all persons over 18 years of age, as well as corporate bodies, trusts,
 
firms, societies and associations, who subscribe to the aims and objects of the Society. Any person or institution wishing to become a member shall apply to the Board of Directors (Executive committee) in such form andmanner as may be prescribed by the Board of Directors (Executive Committee) from time to time and the Boardof Directors (Executive Committee) may either accept or reject the application for grant of membership. Themaximum number of members from all classes shall not exceed 60.
 Article 3.2: Category of Members:
 The members of the Society shall consist of the following classes:a) Founders b) Patronsc) Life Membersd) Annual Memberse) Corporate Membersf) Honorary Members
 
 Article 3.3: Admission Fee and Subscription Policy 
 
 A. FOUNDER MEMBERS:
 The authors of the Memorandum of Association of RDF are the Founder Members. The Founder is alsomember of the Society for his entire life and at any time upon his retirement, he can nominate some otherperson to take his Founder position. This nominated Founder shall have the same privileges as a Founder.
B. PATRON MEMBERS:
 Being any individual whom the Board of Directors (Executive Committee) consider to be eminent in fields that
 
match RDF's objectives and also individuals that offer infrastructure on lease or as a gift to the RDF. The
 
maximum number of patrons shall not exceed 15. Unless a Patron member is serving on the Board as a director,
 
or is desirous of seeking re-election as a director or is requested by the Board to continue to serve as a director,
 
upon the expiration of two terms, regardless of the duration of the term as defined at present or in future, thePatron Member will be categorized as an Honorary Member. There shall be no limit to the number of Honorary Members that the Society may have. Honorary members may attend the General Body meetings to observe theproceedings and give advice.
C. LIFE MEMBERS:
 Being any resident Indian (or a Person of Indian Origin as defined by the External Affairs Ministry) who paysover a period of time a sum of Rs. 5,00,000, or Non-Resident Indian who pays US$ 20,000 and whoseapplication for membership as a life member is accepted by the Board of Directors (Executive Committee). TheMaximum number of Life members that the Society can have at any time shall not exceed 20.´
D. ANNUAL MEMBERS:
 Being any resident Indian (or a Person of Indian Origin as defined by the External Affairs Ministry) who pays
 
Rs. 5,000/- or Non-Resident Indian who pays US$ 500 and whose application for membership as an annualmember is accepted by the Board of Directors (Executive Committee). The Maximum number of Annualmembers that the Society can have at any time shall not exceed 15.´
E. CORPORATE MEMBERS:
 Being any corporate body, firm, trust association or society, which pays Rs. 5,00,000
/-
and whose applicationfor membership as a Corporate member is accepted by the Board of Directors (Executive Committee). A Corporate member of the Society shall be deemed as a member for a period of five years from the date of  becoming a member. At the expiry of the period, the Corporate Member may renew their membership by paying the appropriate membership fee and with the approval of the Board of Directors (Executive Committee).
 
The Maximum number of Corporate Members that the Society may have at any time shall not exceed 15.
F. GENERAL POLICY:
 The Society may, acting under any rules and regulations made in this regard by the Board of Directors
 
(Executive Committee), enroll or admit any associate members, affiliate members or any other class of members to the institutions. Organs, or Chapters of the Society so as to allow, admit and enable the
 
participation and involvement of as many persons as is desirable in the activities and working of the institutions
 
and Chapters of the Society or to extend the benefits of the services offered by the Society its Chapters andinstitutions.
G. CESSATION OF MEMBERSHIP
: The membership shall be terminated on1) Death of a member.2) On adjudication as an insolvent in case of individuals and firms.3) On winding up of companies & societies.4) On resignation.5) In the case of bodies corporate, firms, trusts, societies, associations of persons or body of individuals upon 3 years of their becoming members such members may however renew their membership by paying the requisite
 
subscription fixed by the general body from time to time.6) On the general body deciding by a simple majority that the member is or has been acting against the
 
interests, aims and objectives of the Society, and that the continuance of such member is detrimental to theinterests of the Society whether or not such decision is taken pursuant to the recommendations of any committee or sub-committee constituted to inquire such activities.
H. MEMBERSHIP REGISTER 
: The Society shall maintain at its registered office, a register of its membersshowing the name, address, occupation, designation, date of commencement of membership and date ocessation of membership of all its members.
 ARTICLE 4: GENERAL BODY 
 
Composition
:The General Body of the Society shall comprise of the Founder members, Patron members, Life members, andall the Annual and Corporate members who have paid their dues. It shall exercise general supervision over the
 
 working of the Society and shall decide and lay down the policy and guidelines to be followed by the Society in
 
all the its activities.
Powers of General Body 
:Notwithstanding the generality of the provisions in above paragraph, the general body shall have the power to:1) Review the activities of the Society.2) Issue suitable guidelines and instructions to the Board of Directors (Executive committee)3) Set up targets to be achieved by the Society in the promotion of its aims and objectives.

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