SOCIETY FOR INTEGRATED DEVELOPMENT AND RESEARCH (SIDAR)
MEMORANDUM OF ASSOCIATION RULES AND REGULATIONS (Regd. No: 201 / 2018)
SOCIETY FOR INTEGRATED DEVELOPMENT AND RESEARCH (SIDAR) # Dr LB College Premises, Resapuvanipalem VISAKHAPATNAM-530 013 ANDHRA PRADESH INDIA
March 2018
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MEMORANDUM OF THE ASSOCIATION
1. Name: The name of the society shall be “SOCIETY FOR INTEGRATED DEVELOPMENT AND RESEARCH (SIDAR), hereinafter referred to as the SIDAR;
2. The society would be a self-perpetuating, not-for-profit society
3. Location: The registered office of the SIDAR shall be situated at # 52-14, Dr LB College Premises, Old Resapuvanipalem, Visakhapatnam-530 013, or any other place that may be decided by the Governing Council (GC) from time to time.
4. Aim:
The aim of the society is to identify the societal needs in terms of human development and for this purpose develop policy interventions through multidisciplinary research
5. Objectives: The Society has the following objectives:
A. To establish Research Centers or Institutions of Higher Learning,
B. To undertake Research Projects and Training and Extension Programmes
C. To hold Conferences, Seminars, Symposia, Workshops, and Publish, Journals, Bulletins, Research Reports and Articles.
D. To aid and assist financially any other institution having similar objectives and to award research and study grants to scholars.
E. To honour such individuals or institutions who, in the opinion of the Governing Council, have made outstanding contribution for the achievement of the objectives of the society.
F. To undertake such other related activities as may be required from time to time.
CERTIFICATES
1. Certified that all the activities of the Society nature and would be carried out in India on not-for-profit basis.
2. Certified that the office bearers are not paid from the funds of the Society.
3. Certified that the Association would not engage in agitational activities to ventilate grievances.
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6. The names, addresses, occupation and designations of the founding members of the Governing Council (GC) to whom the management of the affairs of the SIDAR is entrusted are as follows:
S. Name and address Occupation Designation No Kalluri Chenchi Reddy, Professor of Economics S/o Venkta Subba Reddy, 01 (Retd.) & Former President Plot No. 45-A (7-5-9), Pandurangapuram, Chairman, APSCHE Visakhapatnam-530003 Gudimetla Madhu Kumar, S/o Satti Reddy, Education Promoter & Vice- 02 D.No. 7-1-32, Kirlampudi, Entrepreneur President Visakhapatnam-530017 Peethala Vijaya Prakash, Professor of S/o Latchanna (Late) 03 Anthropology (Retd.) & Secretary 66/8 (1-108-5), MVP Colony, Former Registrar, AU Visakhapatnam-530017. Dwarampudi Satyanarayana Reddy, S/o Ramakrishna Reddy, Education Promoter & Joint 04 D.No. 9-19-56, VIP Road, CBM Compound, Entrepreneur Secretary Visakhapatnam-530003 Hanumanthu Lakshminarayana Dora, S/o Satyam Dora; Former Commercial Tax 05 Plot No. 27, Vijaya Cooperative Society, VIP Treasurer Officer & Entrepreneur Road, CBM Compound, Visakhapatnam- 530003 Viswanadhuni Bala Mohan Das, Professor of S/o Venkateswarlu, Management (Retd.) & 06 Member # 608, MVV & MK’s Royal Gardens, Ramnagar, Former Vice-Chancellor, Visakhapatnam-530002. ANU Gottumukkala Suryanarayana Raju, Professor of Electronics S/o Venkatarama Raju, & Comn. Engg. (Retd.)& 07 Member D.No. 55-1-26, J.R. Nagar, Road No-2, Former Vice-Chancellor, Venkojipalem, Visakhapatnam-530022 AU Gollu Suryanarayana Professor of Economics S/o Simhachalam (Retd.) & Former 08 Member # 305, Anand Residency, Shivajipalem, Chairman, APPSC Visakhapatnam-530017 (Officiating) Rokkam Sudarsana Rao Professor of Economics S/o Tavudu (Retd.) & Former AP 09 Member D.No. 2-2-10/5, Sector-9, MVP Colony, Finance Commission Visakhapatnam-530017 Member
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Anipindi Nageswara Rao Professor of Chemistry S/o Subbarayudu, 10 (Retd.) & Former Member Plot No. 130/4, MVP Colony, Registrar, AKNU Visakhapatnam-530017 Thondapu Veera Venkata Seetharami Reddy Professor of Botany S/ Narayudu 11 (Retd.) & Dean, Member Plot No. 232, Sector-4, MVP Colony, Examinations, AU Visakhapatnam-530017 Adari Padmavathi, 12 W/o Doddi Satyanarayana, Professor of Law (Retd.) Member # 104, Sri Srinivasa Appts; 80-Feet Road, Ramachandranagar, Visakhapatnam-530016. Peethani Suryanarayana, S/o Venkanna, 13 D.No. 6-23, Peethanivari Street, Entrepreneur Member Kommuchikkala-534338, Poduru Mandal, W.G. Dt, AP Jasti Mallikarjunudu, 14 S/o Vayunandana Rao, Entrepreneur Member # GF, Lakshmi Apartments, Pedawaltair, Visakhapatnam-530017 Kandukuri Satyanarayana, 15 S/o. Appala Swamy, Director, Dr.L.B. College Member Plot- 255, Sector-3, MVP Colony, Visakhapatnam-530017.
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7. We, the several persons whose names and addresses are given above having come together for the purpose described in this memorandum of association do hereby subscribe our names to this Memorandum of Association and set our hands hereunto and form ourselves into a society under the Societies Registration Act 35 of 2001.
SIGNATURES OF THE MEMBERS
S. Name and address Signature No Prof. K.C. Reddy, M.A; Ph.D; 01 Signed......
Dr. G. Madhu Kumar, M.Tech; 02 Signed......
Prof. P. Vijaya Prakash, M.A; Ph.D; 03 Signed......
Sri D. S. Reddy, B.Tech; 04 Signed......
Sri H.L.N. Dora, M.A; 05 Signed......
Prof. V. Bala Mohan Das, M.Com, Ph.D; 06 Signed......
Prof. G.S.N. Raju, M.E; Ph.D; 07 Signed......
Prof. G. Suryanarayana, M.Phil; Ph.D; 08 Signed......
Prof. R. Sudarsan Rao, M.A; Ph.D; 09 Signed......
Prof. A. Nageswara Rao, M.Sc; Ph.D; 10 Signed......
Prof. T.V.V. Seetharami Reddy, M.Sc; Ph.D; 11 Signed......
Prof. A. Padmavathi, M.L; Ph.D; 12 Signed......
Sri P. Suryanarayana, B.A; 13 Signed......
Sri J. Mallikarjunudu, M.B.A; 14 Signed......
Dr. K. Satyanarayana, M.Com; Ph.D; 15 Signed......
Witnesses: 1. Signed...... 2. Signed......
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RULES AND REGULATIONS THE SOCIETY FOR INTEGRATED DEVELOPMENT AND RESEARCH (SIDAR)
01. Name: The name of the society shall be “Society for Integrated Development and Research” hereinafter referred to as the SIDAR.
02. Location: The registered office of the SIDAR shall be situated at # 52-14, Dr LB College Premises, Old Resapuvanipalem, Visakhapatnam-530 013, or any other place that may be decided by the Governing Council (GC) from time to time.
03. Membership:
a) The members subscribing to the Memorandum of Association shall be life members of the SIDAR. b) Any person or institution, on application or by invitation may be admitted as member of General Body of the SIDAR, on payment of Rs.10,000/- for ordinary membership, Rs.1,00,000/- for Patron membership, and Rs. 2,00,000/- and above for institutional membership on the unanimous approval of the Governing Council (GC). c) The institution admitted as a member is entitled to nominate its representative who shall be a member for terms of 3 years each subject to the power being given to the institution to recall its nominee in its absolute discretion. Such members are eligible to be re-nominated. In case a representative of a member institution forfeits his/her membership of the General Body and/or Governing Council as case may be and the institution has the right to nominate another person as its representative and he/she shall hold office for the unexpired term.
04. General Body and it’s Functions:
The General Body of the SIDAR shall meet once in a year in the month of June. It may meet at other times in a year as required by the circumstances then prevailing.
The General Body in its Annual Meeting shall: a) Define the broad policy guide lines for the functioning of the Society, b) Elect members to the Governing Council in the year of election. c) Approve the statement of income and expenditure of the previous year and pass the budget for the ensuing year, d) Approve the report on the activities of the SIDAR submitted by the Secretary, and report of the auditors, and e) Appoint Auditors and fix their remuneration.
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05. Governing Council and its functions:
a) The Governing Council (GC) shall have not more than fifteen members whose term shall be for a period of three years. The GC may invite not more than nine eminent persons to the meetings of the GC as advisors. b) The Governing Council shall ordinarily meet at least once in three months. In case of emergency or urgency, a resolution can be obtained by circulation. c) The Governing Council (GC) shall have power to determine the functions, duties and responsibilities of employees and fix their salaries, wages and/or other emoluments. d) The Governing Council (GC) shall have power to approve the honorarium and other emoluments of the project Member-Director and the staff from the project funds. e) The Governing Council (GC) shall have the power to engage employees on permanent or temporary basis and at their discretion to suspend or remove such employees. f) Every member of the Governing Council (GC) shall be indemnified out of the funds of the Association against all losses and expenses lawfully incurred by him/her in the discharge of his/her duties, except such as may happen through his/her own willful act or default. g) In the event of any vacancies occurring among the members of the Governing Council, they may be filled up by the Governing Council by co-option. Such cooption requires to be confirmed at the next annual General Body meeting.
h) The Governing Council (GC) is authorized
i) To receive funds from India or abroad for any specific project purpose or welfare activity, and the society is responsible to utilize the funds for that specific purpose and report to the General Body, ii) To receive or borrow funds from any source, including foreign agencies, for projects and utilize them along with the normal funds of the SIDAR for its work, in such shares and proportions and in such manner as the Governing Council shall in their absolute discretion think fit and report to the Governing Body. iii) To invest, dispose of, transfer or otherwise deal with the properties of the society in such a manner as the GC should deem fit, so as to enable the SIDAR to carry on its objectives effectively, iv) To accept donations, grants, presents and other offerings and to deal with the same for the purpose of the SIDAR and report to the General Body, v) To acquire by purchase, lease, mortgage, gift grant or subsidy legacy, bequest or exchange from any person, society association, government or anybody whatsoever, movable or immovable properties of any description, deemed necessary for the achievement of the objects of the SIDAR and to alienate by way of sale, mortgage lease release exchange hiring out, gift or otherwise the properties of the SIDAR may be deemed necessary or expedient to achieve the objects of the SIDAR.
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06. Institute:
The society reserves the right to establish a Centre or an Institute for its higher learning, research and training programmes. The SIDAR shall nominate personnel for the administration and maintenance of such Centre/Institute.
07. Duties:
The General Body shall elect from the members as the following: 1. President, 2. Vice-President, 3. Secretary, 4. Joint Secretary, 5. Treasurer, and 10 other members for a term of three years.
The duties, powers and responsibilities of the office bearers of the SIDAR shall be as follows:
i) The President shall preside over the meetings of the Governing Council (GC) and guide its functioning. ii) The Vice-President shall assist the President in discharging the duties of President, and in the absence of President he shall act as President. iii) a) The Secretary shall be the Chief Executive and be responsible for the routine administration of SIDAR and for carrying out the decisions of the General Body and Governing Council. b) He shall be in-charge of all records of the society and shall be responsible for their proper custody. c) He shall be empowered to sue and be sued in the name of SIDAR. d) The Secretary shall perform all secretarial functions like, preparing the notices and agenda for the meetings of the General Body and Governing Council and recording minutes of proceedings, entering into and carrying on all correspondence with the government and other authorities. e) The Secretary shall be empowered to enter into contracts and agreements with individuals and institutions in order to implement the decisions of the Governing Council. iv) The Secretary shall supervise the work of employees. v) The Joint Secretary shall assist the Secretary in discharge of his/her duties and shall act as Secretary in his/her absence.
08. Quorum:
The quorum for the General Body meeting shall be 1/4th and the Governing Council shall be 2/3rd of the elected members.
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09. Funds:
a) Bank accounts shall be opened with any scheduled bank and these shall normally be operated by the Secretary and Treasurer jointly. Should there be such a necessity, the Governing Council (GC) may authorize through a resolution for the operation of a specific bank account for a specific purpose by Treasurer, President or any other member of the SIDAR either individually or jointly. b) The funds of the SIDAR shall be spent only for the attainment of the objectives of the Society and no portion thereof shall be paid or transferred directly or indirectly to any of the members through any means. c) The society shall comply with the relevant provisions of the Income-Tax Act and any other law applicable to charitable institutions like investment of funds, application of income, etc. d) Proper accounts of the society shall be maintained and the income and expenditure accounts for the year ended and balance sheet as at 31st March of each year shall be prepared and laid before General Body at the ensuing annual general Body meeting. e) The first auditors of the society shall be appointed by the Governing Council and they shall retire at the first annual General Body meeting. Auditors shall be appointed at each annual General Body meeting in the place of the retiring auditors to hold office till the next annual General Body Meeting.
10. Voting and Proxies:
Each member shall have the right to cast one vote at annual general meeting or at any extraordinary general meeting or Governing Council meeting. Voting by proxy shall not be permitted. In the case of equity of votes the President shall have a casting vote.
11. Notices:
a) All members of the SIDAR shall be given at least seven days notice of the Governing Body meeting. b) All members shall be given at least fourteen days notice of the annual General Body meeting and extraordinary general body meetings. c) Notices prescribed in these rules shall be deemed to have been properly served, if they dispatched by post under certificate of posting to the last known address of the member or by email under acknowledgment. d) The notice shall specify the place, date and time of the General Body meeting and the nature of the business to be transacted. In case of Annual General Meeting, the notice shall be accompanied by a printed or typed or cyclostyled copy of the statement of accounts for the preceding year. e) Accidental omission to give notice to any member entitled thereto or non-receipt of notice by any member shall not invalidate the proceedings of any General Body meeting.
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12. The SIDAR may, at the annual General Body meeting, appoint auditors to hold office until the next General Body meeting, provided, however, that a member of the General Body shall not be appointed as an auditor.
13. General:
a) The activities of the society shall be confined to the Indian Territory, b) The benefits of the society shall ensure to the general public irrespective of caste, creed, religion or sect, and c) No part of the income or property of the Society shall ensure directly or indirectly for the benefit of any person mentioned under section 13 (1) © of Income Tax Act.
14. Amendments:
a) No amendments or alteration shall be made in the objects and purposes of the SIDAR unless it is voted by 3/5th of members present at a meeting convened for the purpose and confirmed by 3/5th of the members present at a second special meeting. b) No amendment to add, alter, delete any rules or clauses of Memorandum, and Rules and Regulations of the SIDAR shall be made without the prior approval of the Commissioner of Income Tax.
15. Winding up:
In the event of dissolution of the SIDAR, all the remaining funds and assets that remain after full satisfaction of the liabilities of the SIDAR will be transferred with a resolution of at least 3/5th of the members, to any other institution having similar objects and aims and which has been recognized as a charitable institution by the Income-Tax Act of 1961 and to which the provisions of Sec.80 G (5) shall apply.
Certified that this is a correct and true copy of the Rules and Regulations of the SOCIETY FOR INTEGRATED DEVELOPMENT AND RESEARCH (SIDAR)
SIGNATURES OF THE MEMBERS
01. President : Signed ......
02. Vice-President : Signed ......
03. Secretary : Signed ......
04. Jt. Secretary : Signed ......
05. Treasurer : Signed ......
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06. Member : Signed ......
07. Member : Signed ......
08. Member : Signed ......
09. Member : Signed ......
10. Member : Signed ......
11. Member : Signed ......
12. Member : Signed ......
13. Member : Signed ......
14. Member : Signed ......
15. Member :
Witnesses:
1. Signed...... 2. Signed......
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SIDAR GOVERNING COUNCIL
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