Proposed Amendments to Memorandum of Association to be approved by the Extra Ordinary General Meeting scheduled on 7th May 2013 at GSIA Conference Hall, Panaji, Goa.

Proposed Amendments to Memorandum of Association to be approved by the Extra Ordinary General Meeting scheduled on 7th May  2013 at GSIA Conference Hall, Panaji, Goa.

GOA STATE INDUSTRIES ASSOCIATION

(An Apex Association for Micro, Small & Medium Enterprises in Goa)

MEMORANDUM OF ASSOCIATION AMENDMENT NO. VIII

Existing Provisions

Amendments Proposed

1

2

3

4

13

a) The President shall have the right to co-opt one or two additional members on the Executive Committee, besides, to invite Presidents of each Industrial Estate Association as Special Invitee. However, they will have no voting rights.

Executive Committee:

a) The President shall have the right to co-opt a maximum of five additional members on the Executive Committee, besides, to invite Presidents of each Industrial Estate Association as Special Invitee. However, they will have no voting rights. 

JUSTIFICATION/REASONS

14

The Office Bearers of the Executive Committee shall consist of the following:

                       

a) President -1

b) Vice Presidents – 1

c) Honorary Secretary-1

d) Honorary Treasurer-1

f) Immediate Past. President -1

14. The Office Bearers of the Executive Committee shall consist of the following:

a) President – 1

b) Vice Presidents – 2

c)  Honorary Secretary – 1

d) Honorary Treasurer – 1

f)  Immediate Past President – 1

16

The elected executive committee shall hold the office for three years starting from 2010. The subsequent executive committee shall be elected at the end of three years term by the  members of the Association at Annual General Meeting and shall hold office as laid down in Act 177

16. The elected executive committee shall hold the office for two years from 2013. The subsequent Executive Committee shall be elected at the end of two years term by the members of the Association at Annual General Meeting and shall hold office as laid down in Act 177.

The Executive Committee Members in their Meeting held on 15/3/2013 discussed the current term of the President of GSIA. It was felt that the current single term of 3 years only and non – eligibility for a second term is too short for a performing President. It was decided that GSIA should go back to its earlier provisions of two years term and eligibility for a second term of 2 years

It was, therefore unanimously resolved that the Constitution of GSIA  be amended to allow the President to hold office for two (2) terms and each term of Office should be of two (2) years instead of the present three (3) years.

It was also Resolved that there should be two Vice – Presidents to assist the President in day-today functioning.

25

The President, or in his absence the Vice-President shall be the Ex-officio Chairman of the executive committee.  In the absence of both, the executive committee shall elect their own chairman.

25. The President or in his absence any one of the Vice-Presidents shall be the Ex-Officio Chairman of the Executive Committee. In the absence of all three, the Executive Committee shall elect their own Chairman.

Posted in News.