EAAP: EAAP: Real Estate Agents Brokers in Pune Membership of EAAP

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EAAP Membership

MEMBERSHIP
(a) The number of members of the Association is declared to be unlimited. (b) For the present there shall be only one class of members. However the Managing Committee if it considers desirable may propose to establish different class of membership which shall be considered by holding a General Body Meeting. (c) In addition, Association of Estate Agents outside Pune may be affiliated to the Association on payment of such fees and on such conditions as prescribed by the Managing Committee from time to time.

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ELIGIBILITY AND ADMISSION OF MEMBERS
(a) Eligibility : Any company, partnership firm or individual firm carrying on mainly the business of a real estate agent shall be eligible as a member of the Association. (b) Admission : (i) Every application in a prescribed form duly filled shall be submitted by the Secretary to the Managing Committee at its next meeting. The Managing Committee shall have absolute power and discretion to accept or to reject an application without assigning any reason. (ii) The Secretary shall in writing convey the applicant of his admission or otherwise. (iii) A candidate duly proposed and seconded but not admitted shall not be eligible for admission again until after three calendar months from the date of his rejection. (c) Representation : In case of a firm or company, the member shall be entitled to appoint an accredited representative, who shall not be below the status of a partner, director or manager. Such a representative shall enjoy the same rights and privileges as if he were an individual member of the Association. (d) Representation by Nominees : (i) Members can only be enrolled in the name under which they carry on their business, and may be represented by any one of the persons nominated as their representatives in the application form. No member shall nominate more than two persons at a time. (ii) In the absence of the member each such nominee at a time shall be entitled to attend and exercise the rights and privileges of membership. The nomination made in the application may subsequently be altered from time to time by a notice of change in writing to the Secretary. The nomination will become effective after the Secretary has confirmed the acceptance of change in nomination in writing.

RIGHTS AND PRIVILEGES OF MEMBERS
a) The rights and privileges of every member shall be personal and shall not be transferred by his own act, or by operation of law, except in the case of a limited company or partnership firm. The rights and privileges of the member in such cases may be enjoyed by a person duly appointed in writing by the firm. (b) A member may resign from the Association after giving one months notice in writing to the Secretary, and the resignation shall be effective from the date on which the Managing Committee accepts it. The Managing Committee may refuse to accept the resignation of a member on the ground of non-payment of arrears of subscription or any other sum which may be due from him to the Association. (c) A person shall cease to be a member of the Association on any of the following grounds : (i) Death in case of an individual and liquidation or dissolution in case of a company or firm. (ii) Resignation (iii) Declared guilty of criminal offence / involving moral turpitude offence. (iv) Ceasing to fulfil conditions of membership or incurring any disqualification under bye-law. (d) (i) A member may be suspended or expelled from the Association for any wilful breach of its rules by a resolution passed at a meeting of the Managing Committee by a two third majority after the member concerned has been given one month notice and an opportunity to defend himself.

RATES OF ADMISSION AND SUBSCRIPTION
(a) Every member shall pay an admission fee of Rs.500/- along with the application and subscription of Rs.300/- at the beginning of ever year respectively. These rates would be revised every year by the Managing Committee. (b) The yearly subscription is to be paid in advance on or before 30th Jan. every year. (c) The name of the member shall be struck off from the register if he is in arrears for more than 3 months including a month notice duly served on him. A member who is in arrears of dues shall not be entitled to vote. (d) (i) A firm shall not cease to be a member only by reason of change in the constitution of the firm occasioned by the admission, retirement or death of a partner provided the business of the firm is continued in the conventional name in which such a firm was admitted as a member. At the discretion of the Managing Committee any firm, company or corporation shall cease to be a member upon any change in its status, constitution and / or conventional or corporate name. (ii) Any member who shall act against the interests of the Association, or violates any of the Articles, bye-laws, rules of business, convention established by the association or whose conduct or action in the opinion of the Managing Committee is unbecoming and is prejudicial and detrimental to the association may after due enquires by the Managing Committee be either censured, suspended or expelled from the Association. (iii) No member shall be expelled from the Association except by a resolution of at least two third majority of the Managing Committee. (iv) A member whose conduct calls for any enquiry shall be given 30 days notice to show cause as to why action should not be taken against him. Every opportunity will be provided to him to defend himself in person. (v) A case of misconduct against the member shall be presented by a member of the Managing Committee or Sub-Committee if so appointed for investigation. The relative part of the proceeding of the meeting shall be recorded in the minutes. (vi) Any member censured, suspended or expelled shall be entitled within one month of receipt of notice of censure, suspension or expulsion to appeal to the Secretary of the Association in writing who shall at the earliest, call for a General Body Meeting of the Association to deal with such appeal. (vii) The Association shall upon such appeal have the power to cancel such censure, suspension or expulsion and to re-instate the member of a majority vote at such meeting provided that such a member shall not have the right or claim to any compensation or damages.