MEMORANDUM OF ASSOCIATION

The name of the corporation is “ ..............................................................” 2. The registered office of the corporation will be situated at............................in the [State of Maharashtra]. 3. The objects for which the corporation is established are :— ........................................................................................... ........................................................................................... the doing of all such other lawful things as are incidental or conducive to the attainment of the above objects : Provided that the corporation shall not support with its funds, or endeavour to impose on, or procure to be observed by, its members or others, any regulation or restriction which, if an object of the corporation, would make it a Trade Union. 4. The objects of the corporation are confined to the State of Bombay only. 5. (1) The income and property of the corporation, whenever derived shall be applied solely for the promotion of its objects as set forth in this memorandum. (2) No portion of income or property aforesaid shall be paid or transferred, directly or indirectly, by way of dividend, bonus or otherwise by way of profit, to persons who at any time are, or have been members of the corporation or to any one or more of them or to any persons claiming through any one or more of them ; provided that— (a) no remuneration or other benefit in money or money’s worth shall be given by the corporation to any of its members, whether officers or servants of the corporation or not, except payment of out of pocket expenses, reasonable and proper interest on money lent, or reasonable and proper rent on premises let to the corporation ; (b) no member shall be appointed to any office under the corporation which is remunerated by salary, fees or in any other manner not excepted by clause (a) ; (c) nothing in this clause shall prevent the payment by the corporation in good faith of reasonable remuneration to any of its officers or servants (not being members) or to any other person (not being a member) in return for any service actually rendered to the corporation. 6. No alteration shall be made in the memorandum of association or in the articles of association of the corporation which are for the time being in force, except in accordance with the provisions of the Bombay Non-trading Corporations Act, 1959. 7. The [Content continues...] such other corporation having objects similar to the objects of this corporation to be determined by the Registrar appointed under the Bombay Non-trading Corporations Act, 1959. 12. We, the several persons whose names, addresses, descriptions and occupations are hereunto subscribed are desirous of being formed into an association not for profit, in pursuance of this memorandum of association. Names, addresses, descriptions, occupations of the subscribers. 1................................... of................................... * 2................................... of................................... * 3................................... of................................... * 4................................... of................................... * 5................................... of................................... * 6................................... of................................... * 7................................... of................................... * Dated the day of Witness to the above signatures. (*Here enter the " number of shares " taken by each subscriber.)