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Rules & Regulations

Name of the Association:
‘AYURVEDIC DRUG MANUFACTURERS ASSOCIATION’ ( ADMA)

Address of the Association:
227, T.V. Industrial Estate,
248/A, S.K.Ahire Marg,
Worli, Mumbai – 400071.

Registration Details:
The Association has been registered with the Registrar of Societies, Maharashtra State, Mumbai at Mumbai on October 11, 1996 under Reg. No. 1341 and certified by the Charity Commissioner, Mumbai on the same day.

Accounting Year:
The accounting year will run from April 1st to 31st March of the following year.

Managing Committee:
President, Four Vice Presidents, Hon. Secretary, Hon. Jt. Secretary, Treasurer, Members.

If any vacancy arises in the Managing Committee, the same shall be filled by nomination till the period of the next election.

Functions of the Managing Committee:

(a) The office bearers and the Managing Committee members shall be the trustees of the Association for the purpose of Bombay Public Trust Act, 1950.

(b) The Managing Committee shall lay down the procedure for election of the members and the office bearers.

(c) To invest funds and look after the finances for the benefit of the Association.

(d) To accept donations from the Government and other bodies and give aid and awards to other bodies to propogate the objectives of the Association.

(e) To prepare and sanction annual budget and estimates of the income and expenditure of the Association.

(f) To get their accounts audited from a competent auditor.

President:
The President of the Managing Committee shall be the President of the Association and preside at, and conduct and regulate all meetings of the Managing Committee and of the Association.
His ruling on any point of order and decision as to result of voting shall be final & conclusive. The President, in addition to his right of voting as a member, shall have a casting vote in case of a tie, subject to the subsisting interpretation given by the Managing Committee. The President at the General Meeting shall have the authority to interpret the provision of the 'rules and regulations' or the bye-laws of the Association for the purpose of conducting and regulating the meeting.

Vice-President:
In the absence of the President, the Vice-President shall exercise all the powers of the President mentioned above. In the absence of both the President and the Vice-President at any meeting, the members present shall appoint one from amongst them to be the President of the particular meeting.

Secretary:
The Secretary shall look after the affairs of the Association under the directions of the Managing Committee and in accordance with the regulations passed by the Managing Committee from time to time.

Joint Secretary:
In the absence of the Secretary, the Joint-Secretary shall exercise all the powers of theSecretary as above and also assist the Secretary in discharge of his duties.

Treasurer:
The treasurer shall act under the directinos of the Managing Committee, and as per the resolutions passed by the Managing Committee, he shall also be responsible to the Managing Committee for all accounts.

Election:
The office bearers of the Managing Committee will be elected by the members of the General Body. The Managing Committee shall lay down the procedure of election.

Amendment:
To the Rules and Regulations of the Association shall be considered if such a proposal is signed by at leat 30 membes and shall be passed by 2/3rd majority of the General Body at its meeting called for the purpose or by circulation.

Dissolution:
As per societies registration act, 1860, Rules 13 and 14, the Association can be dissolved by a resolution supported by 3/4th members present at a General Body meeting called for the purpose. The assets of the Association, in case of dissolution, shall be disposed off in accordance with the decision of the dissolving meeting.

Proposed Activities:

a) The Association is planning to set up its own well-equiped office and staff at a suitable location to operate on modern lines and increase efficiency.

b) It will institute awards to be presented to outstanding people who distinguish themselves in various disciplines.

c) It will collaborate with other registered bodies to organise workshops, symposia, Orations etc., at different places in the country.   

 

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