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Institute of Apparel Management
 
  Memorandum and Articles of Association

MEMORANDUM OF ASSOCIATION
of
Apparel Export Promotion Council
 
Page 1 of 10
 
(1).
In the interpretation of these Articles, the following words and expressions shall have the following meaning, unless repugnant, to the subject or context.
 
 
(The Company means the, 'Apparel Export Promotion Council,' hereinafter referred to as the "Council").
 
(a).
"Member" means a Member for the time being whose name is entered in the Register of members of the Council.
 
(b).
"The Act" means the Companies Act, 1956, or any statutory modification or re-enactment thereof for the time being in force.
 
(c).
"The Articles" means and include the Articles of Association of the Council from time to time in force.
 
(d). "Authorised Representative" means a person appointed/registered as such under Article 7
   
(e). "The Committee" means the Executive Committee of the Council for the time being constituted under these Articles.
   
(f). "General Meeting" means a meeting of the Members.
   
(g). "Annual General Meeting" means a General Meeting of the Members held in accordance with the provisions contained in the Act and the Articles, hereinafter.
   
(h). "Extraordinary General Meeting" means an Extraordinary General Meeting of the Members duty called and constituted and any adjourned holding thereof.
   
(i). "Month" means a calender month.
   
(j). "Year" means the period in respect of which the Income and Expenditure Account of the Council laid before it at the Annual General Meeting, is made up whether the period is of full year or less.
   
(k). ''Office" means the Registered Office for the time being of the Council.
   
(l). "Person" shall include an Individual, a Firm or a Society and/or a Statutory Organisation
   
(m). "Place of Business" means the Registered Office of a Company incorporated under the Companies Act, 1956 or the Head Office of a Member.
   
(n). "India" means the territory of India as defined from time to time in the Constitution of India.
   
(o). "Secretary" means the Secretary appointed as such by the Executive Committee and shall include an Acting Secretary.
   
(p). "Government" means the Central or State Government as the case may be.
   
(q). "Financial Year" shall have me meaning assigned thereto by Section 2(17) of the Act. For the Council, it will be from 1st April, to 31st March.
   
(r). "The Register" means me Register of Members kept as required by Section 150 of Act.
   
(s). Bye-Laws, Rules and Regulation" means the Bye-laws, Rules and Regulations of the Council from time to time in force.
   
(t). "The Council" means the "Apparel Export Promotion Council".
   
(u). "Exporter of Garments" means a person who exports garments/apparel.
   
(v). "Firm" means a firm as defined under the Indian Partnership act, 1932.
   
1(w) Chairman
  Chairman means the chairman of the council.
   
1(x) Auditors
  Auditors means person appointed, as such, for the time being, by the council.
   
1(y) Prescribed
  Prescribed means prescribed by the Committee by the virtue of a power conferred by the Act.
   
1(z) Words not defined in the Companies Act
  Words and expressions used and not defined in these articles, but defined in the Act,shall have the meanings respectively assigned to them by the Act.
   
1(aa) General Clauses Act to Apply
  The General Clauses Act, 1897 applies for the interpretation of these articles, as it applies for the interpretation of an Act of Parliament ,
   
2(a) Table C
      The Regulations contained in Table C in the first schedule to the Companies Act of 1956 shall apply to the council.
   
2(b) Export Import policy
  The provisions of these articles wherever applicable shall be subject to those of the Export Import Policy, as notified by the Central Govt. from time to time.
   
2(c) Framing of the Rules and Regulations, Bye Law
  The Council shall from time to time frame rules and regulations and/or bye laws. The Council shall have the power to amend, withdraw, rescind any rules which may be in force at any time.
   
   
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