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Clause of Termination

CLAUSES FOR TERMINATION OF MEMBERSHIP
On his/her death in case of a Proprietorship Company.
On the resignation by the member.
If he/or she is convicted of any Criminal offence.
If expelled from the Organisation.
On non-payment of the dues accruing to the Organisation within two months of the due date,
and the decision terminating membership has been taken by the Managing Committee.
In the event of dissolution of partnership or Association or on any change in its
constitution, the continuation of the membership will be subject to the approval of the Managing Committee.
In the event of the Company being wound up under the Companies Act, 1956.
In the event of takeover or amalgamation / merger of the Company , under the Companies
Act, 1956 , continuation of the membership of the Company will be subject to the approval of the Managing Committee




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