MEMORANDUM OF ASSOCIATION

1) Name of the Association:

NEO TRIDAS CUSTOMER WELFARE ASSOCIATION
2) Objects and aims of the Association:
a) To provide for economic betterments of its members through self-
help and mutual aid in accordance with the principles of the
society.
b) To provide legal assistance relating to purchased or willing to
purchase from "TRANSCO, ROBACCO & TRIDAS Properties (P) LTD"
and their sister concerns by all members of the society thereby
saving time, money and restricting multiplicity of legal
proceedings and saving the Hon'ble Court's time.
c) To act as Agent in representing its members in conducting any
legal proceeding or instituting any legal proceeding in the
common interest of its members.
d) To recover the deposits made along with appreciation either as
Land/Amount of its member's from "TRANSCO, ROBACCO &
TRIDAS Properties (P) LTD" and their sister concerns as per
the promise made by the company, thereby saving time and
energy of its innocent members.
e) To undertake and carry out any other activities for the welfare of
its members in the properties purchased or to be
purchased from "TRANSCO, ROBACCO & TRIDAS Properties (P)
LTD" and their sister concerns in fulfilling the aforesaid objects.
f) To provide scholarships, stipends, Educational instruments to the
needy youth and also to offer fellowships and prizes in
furtherance of the objects of the society.
g) To conduct eye camps, health camps, legal camps, clean village
camps, water saving awareness camps by provide
village peoples and also give social awareness.
 ARTICLES OF ASSOCIATION
1) Name of the Association:
NEO TRIDAS CUSTOMER WELFARE ASSOCIATION
2) Address of the Association:
The address of the Registered Office is Door No: 4/32 D, Lakshmi
Mill West Colony, Kovilpatti, Tuticorin District, Tamilnadu, India-
628502. The address shall be changed as and when is necessary
for administration.
3) Date of the formation of the Association:
The date of formation of the Association is 07.03.2024.
4) Registrar of the Dist. in whose jurisdiction, office of the
Association is situated:
The Association is situated within the jurisdiction of the Tuticorin
District and within the limit of Joint I Sub District Office
Level.
5) Business hours of the Association:
From 10.00 a.m. to 1.00 p.m.
From 4.00 p.m. to 6.00 p.m.
6) Objects and aims of the Association:
a) To provide for economic betterments of its members through
self-help and mutual aid in accordance with the principles
of the society.
b) To provide legal assistance relating to the properties purchased
or willing to purchase from "TRANSCO, ROBACCO &
TRIDAS Properties (P) LTD" and their sister concerns by all
members of the society thereby saving time, money and
restricting multiplicity of legal proceedings and saving the
Hon'ble Court's time.
 c) To act as Agent in representing its members in conducting any
legal proceeding or instituting any legal proceeding in
the common interest of its members.
d) To recover the deposits made along with appreciation either as
Land/Amount of it's member's from "TRANSCO, ROBACCO
& TRIDAS Properties (P) LTD" and their sister concerns as
per the promise made by the company, thereby saving time and
energy of its innocent members.
e) To undertake and carry out any other activities for the welfare
of its members in the properties purchased or to be
purchased from "TRANSCO, ROBACCO & TRIDAS Properties
(P) LTD" and their sister concerns in fulfilling the
aforesaid objects.
f) To provide scholarships, stipends, Educational instruments to
the needy youth and also to offer fellowships and prizes in
furtherance of the objects of the society.
g) To conduct eye camps, health camps, legal camps, clean village
camps, water saving awareness camps by provide village peoples
and also give social awareness.

7) Activities of the Society in furtherance of its objects:

The Executive Committee shall be consist of One President, One
Secretary, One Joint Secretary, One Treasurer and Six
Executive Members, Total Office Bearers is Ten Members.
The Executive Committee of the society will meet atleast once in
three months and shall discuss and plan the activities to promote
the objects of the society. The office bearer's terms shall
be once in Three Years and they will be elected
by the General Body Meeting.
8) The name of the person or officer who is empowered to give
directions in regard to the business of the Society:
The President and the Secretary of the society are empowered to
give directions in regard to the business of the society.
9. The name of the person or officer if any, authorized to sue or to
be used on behalf of the Society:
The Secretary shall be the authorized officer to sue or to be sued
on behalf of the Society in any dispute.
10. ENROLMENT OF MEMBERS:
a) QUALIFICATION FOR MEMBERSHIP:
Any interest person (age 21 years) social service shall be eligible. If
any person interest in the aim of the society willing to
adhere to the rules and regulations mentioned in the byelaws of
the association, can become the members of the
association after submitting the filled in application forms to the
General Secretary.
b) THE ENTRANCE AND OTHER FEES. OR SUBSCRIPTION. IF ANY TO
BE COLLECTED FROM MEMBERS:
Yearly Subscription : Rs.500
Entrance Fee : Nil
c) THE DATES PRESCRIBED FOR PAYMENTS OF THE AMOUNTS
SPECIFIED IN SUB- CLAUSE (b) ABOVE AND LEVY OF
PENALTIES OR FINES IF ANY. IMPOSED ON DEFAULTING
MEMBERS:
The annual membership fee shall be paid before 31st March as
Financial Year ends.
11. REMOVAL OF MEMBERS OR CIRCUMSTANCES UNDER WHICH
MEMBERS COULD BE REMOVED FROM THE ROLES AND THE
PROCEDURE FOR SUCH REMOVAL AND APPEAL IF ANY, AGAINST
SUCH REMOVAL
The name of member who default subscription for 3 consecutive
and the names of those who are found to have acted
against the by-laws and principles of the society shall be
removed from the roll by the Executive Committee, The member
can make an appeal against such removal to the General body
within 30 days from the date of Receipt of intimation of such
removal The decision of the General Body shall be final.
12. RIGHTS OBLIGATIONS AND PRIVILEGES OF MEMBERS:
The members are entitled to the rights, obligations and privileges
under the by-laws. Members are expected to strictly adhere to the
by-laws and principles of the society.
13. THE MANNER IN WHICH THE SOCIETY SHALL TRANSACT ITS
BUSINESS:
The Executive Committee shall manage all the affairs of the
association; the supervision of the work and activities of the
executive committee may be entrusted to a managing committee
selected among the specially constituted executive
committee for this purpose. Terms of office bearers are three
years.
14. PARTICULARS OF RETURNS TO BE SUBMITTED AS PER THE RULES
AND REGULATIONS OF THE ACT:
It shall be the duty of the Secretary to file with the Registrar of the
Societies, such records, annual or other statement which are
specified in the Act and rules. Within six month from the date of
which the annual General Body Meeting was conducted,
the following statements and reports shall be filed before the
Registrar of Societies.
(1) List of Members as on the close date of the financial year.
(2) Declaration.
(3) Copy of General Body resolution if any.
(4) A statement of receipts and expenditure and the Balance
Sheet.
(5) Auditor's Report.
15. AUDIT AS REQUIRED UNDER SECTION 16 OF THE ACT:
a) The financial year of the society shaft be starting from April 1
and ending on March 31 of the next year. A statement of Receipt
and Expenditure and Balance Sheet shall be prepared for the
period.
b) When the accounts are not more than Rs.10000/- two graduate
Non-executive committee members and when the accounts are
 more than shall audit it, Rs.10000/- the same shall be audited by
an authorized Chartered Accountant.

16. FEES FOR SUPPLY OF COPIES:

Copies of by-taws, the Receipts and Expenditure statement and the
balance sheet may be supplied to the members on application on
payment of Rs. 1/- for each item applied for.
17. IMPOSITION OF FINE FOR ANY BREAK OF THE PROVISIONS OF
THE BY-LAWS BY ANY MEMBER OR OFFICER APPOINTED UNDER
CLAUSE (G) SECTION 2:
If any member behaves in such a manner that is detrimental to the
progress of the society, he will be expelled from the membership and he
will be held responsible for any loss caused to the society.
18.THE MODE OF CUSTODY. THE APPLICATION AND INVESTMENT OF
THE FUNDS OF THE SOCIETY AND THE EXTENT AND CONDITIONS OF
SUCH INVESTMENT:
The financial source of the society shall be the admission fees and
subscriptions collected from the members, gifts and donations received
from all sources, Grants from India or abroad and free grants and
subsidy received from the Government and other institutions.
All monies received by the society shall be deposits in any Nationalized
Bank. The money shall be deposited in the name of the Association.
19. FUNDS EARMARKED SPECIFICALLY FOR THE PURPOSE OF MAKING
PROVISION FOR A DEPENDANT OF A DECEASED OR DISABLED MEMBER
AS LAID DOWN IN SECTION 25 AND THE QUANTUM OF PAYMENTS TO
BE MADE THEREOF:
Any part of the funds of the society may be earmarked, especially for the
purpose of making provision for a dependant of deceased or disabled
member of the society or other deserving poor persons and the
quantum of payments shall be decided by the General Body.
20.THE STAFF TO BE EMPLOYED AND THE CONDITIONS OF SERVICE OF
SUCH EMPLOYEES:
The executive committee may make arrangements for transaction of the
day to day business of the society, the expenditure to be incurred
therefore, the staff to be employed, prescribe the service conditions of
such employees and fix their pay, wages or remuneration, order of
appointment, leave discipline, punishment, dismissal etc., of all
employees shall be issued by the Secretary in consultation with
the executive committee.
21.CONDUCT OF ANNUAL GENERAL MEETINGS AS LAID DOWN IN
SECTION 25 AND THE PROCEDURE THEREOF:
a) The General Body meeting shall be held with 21 days notices, The
President, in his absence the secretary or any committee member shall
preside over the meeting and conduct proceedings.
b) The General body / meets once in a year during the month of
September (within month). The General Body may be convened by
the President or Secretary or at the written request of 2/3rd
majority members of the general Body. Election will be held
once in three years.
22. CONDUCT OF EXTRA ORDINARY GENERAL MEETINGS AS LAID
DOWN IN SECTION 28 AND THE PROCEDURE THEREFOR AND THE
MEMBER OF MEMBERS REQUIRED FOR MAKING REGISTRATION
IN WRITING CALLING FOR SUCH MEETING:
Whenever necessary the executive committee may call at any time for
an extra-ordinary meeting of the General body, or 1/3 voting power
members of the association may be called for the above meeting
after issuing a notice to the executive committee. The executive
committee must convince the general body meeting within one
month from the date of receipt of the letter. If the General body
was not convinced the petitioners themselves can convene the General
Body Meetings.
23. OBJECTIVE FOR WHICH PASSAGE OF THE "SPECIAL RESOLUTION" AS
DEFINED IN CLAUSE (G) OF SECTION 2 IS NECESSARY:
"Special Resolution" will be carryout by the 3/4th majority of members
present.
24. THE EXTENSION OF THE REGISTER OF MEMBERS. THE BOOKS
CONTAINING MINUTES AND THE BOOKS OF ACCOUNT AT THE
REGISTERED OFFICE OF THE SOCIETY DURING BUSINESS HOURS FOR
INSPECTION BY THE MEMBERS FREE OF CHARGE:
The Register of Members, Minutes books and accounts shall be open to
the members during office hours at the registered office of the
association, free of charge.
25.THE BY-LAW ALSO DEAL WITH SUCH OTHER MATTERS INCIDENTAL
TO THE ASSOCIATION AND WORKING OF THE SOCIETY AND THE
MANAGEMENT OF BUSINESS AS MAY BE DEEMED NECESSARY:
GENERAL BODY MEETING:
a) There shall be an annual general body meeting held or every year
within the month of SEPTEMBER in which the yearly report and
audited statement of accounts will be submitted.
b) 21 days notice shall be given to the member for the General body
meeting.
c) Any member desirous of moving any resolutions or any proposals shall
give in writing of the same to the secretary only such as are approved by
the executive committee shall be placed before the General Body.
d) If any vacancy arises in the Executive Committee, the General Body
will fill it.
e) Quorum of the meeting for General Body Meeting is 2/3rd of
members.
26. EXECUTIVE COMMITTEE:
The General Body, will elect the Executive Committee, It will consist One
President, One Secretary, One Joint Secretary, One Treasurer and Six
Executive Members, Total Office Bearers is Ten Members. The terms of
office will be 3 years. The members of the Committee shall be eligible for
re-election. 21days notice shall be given to the General Body Meeting.
The Quorum of the General Body Meeting is 2/3rd majority of total
members of the society.
PRESIDENT:
The President shall preside all the meetings of the Association. He shall
be ex-office, a member of the association. President has a righting vote
at the time of a tie.
SECRETARIES:
The association shall elect the secretary of the association. He shall
attend the business meetings of the association and will be responsible
for them and the minutes thereof. He shall prepare the agenda for the
meetings in consultation with the President and keeps a record of the
proceedings. He shall also perform such duties from time to time
develop his in a connection with his office. He shall operate the Bank
account jointly with Treasurer.
He will be the person who can correspond to all members and even out
side on behalf of the association with consulting the President.
TREASURER:
The Treasurer shall have responsibility of all the funds of the association
and shall secure the deposit of the fund in the name of the association in
joint account with President in any nationalized bank. He shall present
to the association at each regular meeting a statement of the receipt
and expenditure for the year.
The Treasurer can have Rs.5000/- in hand to meet the urgent
unforeseen expenditure.
He will be responsible for maintaining accounts and other related items
of the association properly and submits the accounts to the President.
VICE PRESIDENTS :
He shall assist the President in the affairs of the Society.
He shall perform such duties as may be assigned by the Executive
Committee and shall perform all the duties of the President in his
absence.
JOINT SECRETARY
He shall assist the Secretary in the affairs of the Society. He shall
perform such duties as may be assigned by the E.C. and shall perform all
the duties of the Secretary in his absence.
PROPERTY AND FUNDS:
The society can raise funds through appeals by way of donations, grants,
gifts etc. And through and these funds must be used for the said purpose
of the society.
ON DISSOLUTION SECTION 42:
If the Society dissolved in any reason, the property and Assets and other
monies of the association shall not be distributed to members of the
association. It can be transferred to another society as a special
resolution whose objects are similar to those of this society.
DECLARATION:
1. Benefits provided by the Society are open to all irrespective of caste,
Religion, Sex etc.
2. The activities of the Society shall be carried out only in India.
3. Any amendment to the Society will be carried out only with the prior
approval of the Commissioner of Income Tax having jurisdiction.
4. The accounts of the Society shall be regularly maintained and every
year, the accounts shall be closed by 31st March and the same shall be
audited by a Qualified Chartered Accountant.
5. The Income and Funds of the Society shall be utilized towards the
objects of the Society and no portion of it will be utilized for payment to
Members/Office bearers by way of Profit/ Dividend / Interest etc.
6. The Society may amend the clauses in the bye-laws, provided such
would not extend amendment to altering the basic of
characters/objects the Society and further no such amendments
which may prove to be repugnant to the provisions of Sections 2(15), 11
& 13 and 80 G of the Income Tax Act shall be made.
7. The Society formed is irrevocable.
8. The Society funds will be invested in accordance with the provisions of
Section 11(5) read with Section 13(i) (d) of the Income Tax Act, 1961.
9. The Society will not function in the nature of conduction of any
business activity and it will not be for the purpose of profits.
10. In the event of dissolution or winding up of the Society, the assets
remaining as on the date of dissolution shall under no circumstances be
distributed among the members / Governing Body. But the same shall
be transferred to another Society whose objects are similar to those of
this Society whose objects are similar to those of this Society and which
enjoys recognition under the Section 80G of the Income Tax act 1961.