Memorandum of Association AND By-Laws

National Magnetic Resonance Society

Memorandum of Association

and

By-Laws

Registered Office

Sophisticated Instruments Facility

Indian Institute of Science

Bangalore-560 012

NATIONAL MAGNETIC RESONANCE SOCIETY (NMRS)

MEMORANDUM OF ASSOCIATION

  1. The Name of the Society:

NATIONAL MAGNETIC RESONANCE SOCIETY (NMRS)

  • Objectives of the Society:
  1. To undertake activities to promote Magnetic Resonance and its applications.
  2. To organise/conduct/sponsor scientific seminars, conferences, schools, workshops, eudcational progammes, discussion meetings on the subjects related to Magnetic Resonance.
  3. To organise such other activities as may be incidental, necessary or conducive for attainment of any or all of the above objectives.
  4. To promote the development of such knowledge in India including its applications to problems of National welfare, to effect co­ ordination between scientific academic societies, institutions and Govt. scientific departments and services;
  5. To secure and manage funds and endowments for the promotion of the field of Magnetic Resonance.
  6. To act as a body of scientists.
  7. To publish such proceedings, journals, memoirs, bulletins, newsletters and other publications as may be found desirable.
  • The names, addresses and occupations of the members of the managing committee to whom, by the rules of the society, the management of affairs is entrusted:
 NameAddressOccupation
1.Prof. C. L KhetrapalIISc. BangaloreProfessor
2.Prof. Anil KumarIISc. BangaloreProfessor
3.Dr. K. V. RamanathanIISc. BangaloreProfessor
4.Dr. N. ChandrakumarCentral Leather Research Institute Adyar, Madras 20Principal Research Scientist
5.Dr. A. C. KunwarIndian   Institute of Chemical Technology, Hyderabad 570 007Scientist
6.Dr. S. GanapathyNational Chemical Laboratory, PuneScientist
7.Prof. R. V. HosurTata Institute of Fundamental Research, Bombay 400 005Professor
8.Prof. G. GovilTata Institute of Fundamental Research, Bombay 400 005Professor
9.Prof. P. RaghunathanAll India Institute of Medical Sciences, New Delhi 110 016Professor
10.Prof. P. T. ManoharanIndian Institute of Technology, MadrasProfessor
11.Prof. S. P. NarulaPanjab University, ChandigarhProfessor
12.Prof. J. SubramanianPondicherry UniversityProfessor
  • Registered Office

Sophisticated Instruments Facility

Indian Institute of Science

Bangalore 560 012

  • Rules and Regulations of the Society:

Attached herewith

  • Subscribers to the Memorandum of Association:
NameAddressOccupation if anySignature with Date
Prof. C. L. KhetrapalIISc. BangaloreProfessor 
Prof. Anil KumarIISc. BangaloreProfessor 
Dr. P. C. MathiasIISc. BangalorePrincipal Research Scientist 
Dr. K. V. RamanathanIISc. BangalorePrincipal Research Scientist 
Dr. N. SuryaprakashIISc. BangaloreScientist 
Mr. S. RaghothamaIISc. BangaloreScientist 
Dr. C. V. ManjunathBruker India Scientific, BangaloreBusiness 

Signature of Witness                                                                          Address of the Witness,

(with Date).                                                                                         Description, Occupation

,

BY-LAWS

  1. Name: NATIONAL MAGNETIC RESONANCE SOCIETY (NMRS}
  • Registered Office: Sophisticated Instruments Facility

        Indian Institute of Science

        Bangalore 560 012

  • Objectives:
  1. To undertake activities to promote Magnetic Resonance and its applications.
  2. To organise/conduct/sponsor scientific seminars, conferences, schools, workshops, eudcational progammes, discussion meetings on the subjects related to Magnetic Resonance.
  3. To organise such other activities as may be incidental, necessary or conducive for attainment of any or all of the above objectives.
  4. To promote the development of such knowledge in India including its applications to problems of National welfare, to effect co­ ordination between scientific academic societies, institutions and Govt. scientific departments and services;
  5. To secure and manage funds and endowments for the promotion of the field of Magnetic Resonance.
  6. To act as a body of scientists.
  7. To        publish such     proceedings,    journals,          memoirs,         bulletins, newsletters and other publications as may be found desirable.
  • Funds:

Collection of Membership subscription.  Raising of loans/grants from State/ Central Govt Financial Institutions, and other Institutions. Donations, gifts and Collection from seminars, conferences, etc. Publishing books/magazines etc.

  • Membership:

The Society shall consist of Life, Honorary and Corporate/ Institutional members. The Society may invite an eminent scientist either from India or abroad and can elect him/her to honorary membership of the Society in recognition of his/her services to the Society or his/her eminence as a scientist in Magnetic Resonance and allied fields.

Eligibility for membership

  1. Persons having M.Sc. or equivalent degree in science or an appropriate degree in Engineering and medical sciences and actively engaged in research or teaching of Magnetic Resonance.
  • Persons interested in advancing the cause of Magnetic Resonance.

Candidate for membership shall be proposed by one and seconded by another and shall be elected at a meeting of the Executive Committee by a vote of majority of the members present at the meeting.

The membership fee shall be (a) Rs. 500/- for Life member and (b) Rs. 50,000/- for Corporate/Institutional member.

  • Cancellation of membership

The Membership of any Member shall cease on

  1. Resignation and its acceptance by the Executive Committee.
  2. In the event of death.
  3. For any act which, in the opinion of the Executive   Committee, is likely to be injurious to the reputation and interest of the society.
  • Nature and extent of the liability of the members:

The liability of the Members is restricted to the amount of fees due from them.

  • Borrowings of the Society:

The Society may borrow funds, upon the resolution of the Executive Committee, for the purpose of various activities to be carried out, which are within the frame work of the objectives stated above. However, the borrowing of the Society shall not exceed ten times the total amount of its paid up subscription funds, accumulated reserve funds and other funds, less cumulated losses or expenditure.

  • Application of funds:

The funds of the Society shall be utilized for attaining the aims and objectives of the   Society.    The activities of the society shall be carried out on a non-profit basis. The income so derived shall be utilized for furtherance of aims and objectives of the Society. The funds of the Society shall be deposited in a  Scheduled  Bank to be operated jointly by any two of the Treasurer, the Secretary and the President. Any surplus funds shall be invested in trust securities as defined in the Income Tax Act, 1961 and the accumulated income shall be utilized for the purpose of attaining the aims and objectives of the Society.

In the event of winding up or the dissolution of the society, if there remains after satisfaction of all debts and liabilities any property whatsoever, the same shall not be paid to or distributed amongst the members of the Society but shall be given or transferred to some other Institution or Institutions having objectives similar to the objectives of the Society. It shall be determined by the members of the Society at or before the time of dissolution and in default thereof by such court as may have jurisdictions in the latter.

  1. Meetings
  1. An ‘Annual General Body Meeting’ will be held once a year.
  2. The following business shall be transacted in the   Annual General Body Meeting.
  3. To approve the annual administrative report.
  4. To receive and adopt the audited annual statement of accounts along with the audited report.
  5. To elect the members of the Executive Committee in place of those retiring.
  6. To approve the programme of activities for the next financial year and sanction the budget for the same.
  7. To appoint/ re-appoint the auditors of the Society.
  8. Notice: 21 days notice shall be given to all the members of the Society in respect of the Annual General Body Meeting.
  9. Quorum: The Quorum for the Annual General Body Meeting shall be 7 members present in person. The holding of General Body Meeting and subsequent action shall be in accordance with section 11 of the Karnataka Societies Registration Act, 1960.
  1. Special General Body Meeting:
  1. Special General Body Meeting may be convened by the Executive Committee whenever deemed necessary by it or upon written request from not less than 2/3 rds members of the Society, in order to amend the Bye-Laws of the Society.
  • Where the special general body is convened  upon  request  of the members they shall state in writing the nature of amendments sought in the Bye-Laws and the  Executive  Committee  shall within 21 days of the date of receipt of the notice, convene the special general body meeting.
  • The holding of special general body meeting and subsequent action shall be in accordance with Section 11 of the Karnataka Societies Registration Act, 1960
  1. Committees:
  1. The affairs of the Society shall be governed by an Executive Committee consisting of four office bearers and eight ordinary members as below.
  2. President                           –           1
  3. Vice-President                  –           1
  4. Secretary                           –           1
  5. Treasurer                           –           1
  6. Committee Members        –           8

The General Body shall elect four persons to the Committee from amongst its members every year. All the elected members will then elect the office-bearers from amongst themselves. None other than a member of the Society can hold any office.

  • The terms of the members of the Executive Committee shall be 3 years so that 1/3rd members retire by seniority every year. No person shall serve the Committee for more than two terms.
  • The members of the managing committee shall be the members of the first Executive Committee with power to co-opt other members of the committee. The first, Executive Committee will continue to function for three years after which the first election will be held in accordance with the bye-laws of the Society.
  • The Executive Committee shall meet as and when required and shall be summoned by the Secretary upon request from any of the Committee members in writing but meet at least once a year. The Secretary shall give a minimum of 7 days notice for the Executive Committee Meeting. The quorum for the Committee meeting will be at least 5 members.
  • The Executive Committee will deal with all such matters as may be deemed necessary from time to time to further the objectives of the Society.
  • The Executive Committee may appoint any sub-committee for organising /conducting various activities of the Society from among the Committee members or the general members.
  • Proper minutes of all the committee meetings, duly signed by the Chairman of the Meeting shall be maintained at the office of the Society.
  1. Duties and Powers of the Executive Committee

President:   The President of the Society shall be responsible for the efficient functioning of the Society.  He shall ensure proper enforcement of the provisions of the Karnataka Societies Act, 1960, and the Bye-Laws of the Society. He shall ensure that the aims and objectives of the Society be properly observed. He shall chair all the meetings of the Executive Committee and of the General Body.

Vice-President: The Vice-President will normally assist the President in the discharge of his duties. He shall take over those responsibilities of the President when specifically requested by the President.

Secretary: The Secretary shall be the Executive Officer of the Society and shall be responsible for execution of all resolutions passed by the Executive Committee and Minute them. He shall be responsible for all correspondences, files and properties of the Society.

Treasurer: The Treasurer shall be responsible for maintenance of accounts and finances of the Society.

He shall be responsible for finalisation of the accounts, get them audited from auditors duly appointed by the Society and place them before the Executive Committee and the General Body.

He shall be responsible for the safe custody of the finances of the Society.

In the absence of the Treasurer the Secretary shall operate the Accounts of the Society.

Others Members of the Executive Committee:

They shall assist in promoting the activities of the Society.

  1. Bank Account:

The Society may open a Bank Account for operational purposes by passing a resolution in the Executive Committee meeting, with any of the Scheduled Banks.

  1. Operation of Bank Accounts

The Treasurer of the Society shall sign all the Cheques jointly with the President or the Secretary of the Society.

  1. Staff:

The Executive Committee may appoint staff members on salary paid by the Society, for carrying out the various works of the Society. However, no member shall be eligible for such an appointment.

  1. Filing of Accounts:

The Annual audited accounts which is approved by the General Body Meeting shall be filed with the Registrar of the Societies along with the list of elected body members within 14 days from the date of the General Body Meeting as per Section 13 of the act.

The Annual accounts to be prepared shall be in accordance with Rule 53 of the Karnataka Co-operative Societies Rule, 1960.

  1. Accounting Year:

Financial Year shall be the accounting year of the Society being the period/year ending on 31st March, every year.

  1. Disposal of Profits:

The profits, if any, of the Society shall not be distributed AMONGST the members of the Society. It shall be re-invested in the form of term deposits with the Nationalised Banks or the Co-operative Banks or any trust securities as defined by the Income Tax Act, 1961.

Such profits may also be utilized for meeting the needs for funds of the Society, in its regular course of activities.

The decision for disposal of profits or its investment shall be taken at the General Body Meeting or may be vested with any of the Committees by the General Body.

  • Procedure for Alteration of Memorandum:

Any amendment or alteration of the Memorandum shall be effected as stipulated in Section 9 of the Karnataka Societies Act, 1960.

  • Procedure for Dissolution and Adjustment of Funds:

In the event of dissolution of the Society, action shall be followed as, stipulated in Section 22 and 23 of the Karnataka Societies Registration Act, 1960.

  • Procedure for Amalgamation

In the event of amalgamation of the Society, action as stipulated in Section 21 of the   Karnataka    Societies Registration Act, 1960 shall be followed.

  • Change of Name, Rules & Regulations

In the event of a proposal to change the Name of the Society or any change in the Rules and  Regulations,   action shall be taken in accordance with Section 10  of the  Karnataka  Societies Registration Act 1960.

  • Affiliation

The   Society shall not be affiliated to any other  Association/Societies which has a political character.

Place Date

BANGALORE JUNE , 1993

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