Articles of Association, as amended in 2009 AGMTHE RURAL DEVELOPMENT FOUNDATION

ARTICLES OF ASSOCIATION OF THE SOCIETY

(Rules and Regulations)

ARTICLE 1: NAME OF THE SOCIETY

The name of the Society shall be the RURAL DEVELOPMENT FOUNDATION, which for the purposes of brevity or convenience may be referred to as RDF.

ARTICLE 2. LOCATION

The registered office of the Society shall be located in No.502, Kaarnik Towers, 6-2-967 Khairtabad Hyderabad - 500 004.

ARTICLE 3: MEMBERSHIP

ARTICLE 3.1: Membership Eligibility:

The membership is voluntary and open to all persons over 18 years of age, as well as corporate bodies, trusts, firms, societies and associations, who subscribe to the aims and objects of the Society. Any person or institution wishing to become a member shall apply to the Board of Directors (Executive committee) in such form and manner as may be prescribed by the Board of Directors (Executive Committee) from time to time and the Board of Directors (Executive Committee) may either accept or reject the application for grant of membership. The maximum number of members from all classes shall not exceed 60.

ARTICLE 3.2: Category of Members:

The members of the Society shall consist of the following classes:

a) Founders

b) Patrons

c) Life Members

d) Annual Members

e) Corporate Members

f) Honorary Members

ARTICLE 3.3: Admission Fee and Subscription Policy

A. FOUNDER MEMBERS:

The authors of the Memorandum of Association of RDF are the Founder Members. The Founder is also member of the Society for his entire life and at any time upon his retirement, he can nominate some other person to take his Founder position. This nominated Founder shall have the same privileges as a Founder.

B. PATRON MEMBERS:

Being any individual whom the Board of Directors (Executive Committee) considers to be eminent in fields that match RDF's objectives and also individuals that offer infrastructure on lease or as a gift to the RDF. The maximum number of patrons shall not exceed 15. Except during the year a Patron member has been admitted, unless a Patron member is serving on the Board as a director, the Patron Member will be categorized as an Honorary Member. There shall be no limit to the number of Honorary Members that the Society may have. Honorary members may attend the General Body meetings to observe the proceedings and give advice”.

C. LIFE MEMBERS:

Being any resident Indian (or a Person of Indian Origin as defined by the External Affairs Ministry) who pays over a period of time a sum of Rs. 5,00,000, or Non-Resident Indian who pays US$ 20,000 and whose application for membership as a life member is accepted by the Board of Directors (Executive Committee). The Maximum number of Life members that the Society can have at any time shall not exceed 20.”

D. ANNUAL MEMBERS:

Being any resident Indian (or a Person of Indian Origin as defined by the External Affairs Ministry) who pays Rs. 5,000/- per annum or Non-Resident Indian who pays US$ 500 per annum and whose application for membership as an annual member is accepted by the Board of Directors (Executive Committee). The Maximum number of Annual members that the Society can have at any time shall not exceed 15.”

E. CORPORATE MEMBERS:

Being any corporate body, firm, trust association or society, which pays Rs. 5,00,000/- and whose application for membership as a Corporate member is accepted by the Board of Directors (Executive Committee). A Corporate member of the Society shall be deemed as a member for a period of five years from the date of becoming a member. At the expiration of the period, the Corporate Member may renew their membership by paying Rs. 1,00,000 per annum with the approval of the Board of Directors (Executive Committee). The Maximum number of Corporate Members that the Society may have at any time shall not exceed 15.

F. GENERAL POLICY:

The Society may, acting under any rules and regulations made in this regard by the Board of Directors (Executive Committee), enroll or admit any associate members, affiliate members or any other class of members to the institutions. Organs, or Chapters of the Society so as to allow, admit and enable the participation and involvement of as many persons as is desirable in the activities and working of the institutions and Chapters of the Society or to extend the benefits of the services offered by the Society its Chapters and institutions.

G. CESSATION OF MEMBERSHIP:

The membership shall be terminated on

1) Death of a member.

2) On adjudication as an insolvent in case of individuals and firms.

3) On winding up of companies & societies.

4) On resignation.

5) In the case of bodies corporate, firms, trusts, societies, associations of persons or body of individuals upon 3 years of their becoming members such members may however renew their membership by paying the requisite subscription fixed by the general body from time to time.

6) On the general body deciding by a simple majority that the member is or has been acting against the interests, aims and objectives of the Society, and that the continuance of such member is detrimental to the interests of the Society whether or not such decision is taken pursuant to the recommendations of any committee or sub-committee constituted to inquire such activities.

H. MEMBERSHIP REGISTER:

The Society shall maintain at its registered office, a register of its members showing the name, address, occupation, designation, date of commencement of membership and date of cessation of membership of all its members.

ARTICLE 4: GENERAL BODY

Composition:

The General Body of the Society shall comprise of the Founder members, Patron members, Life members, and all the Annual and Corporate members who have paid their dues. It shall exercise general supervision over the working of the Society and shall decide and lay down the policy and guidelines to be followed by the Society in all the its activities.

Powers of General Body:

Notwithstanding the generality of the provisions in above paragraph, the general body shall have the power to:

1) Review the activities of the Society.

2) Issue suitable guidelines and instructions to the Board of Directors (Executive committee)

3) Set up targets to be achieved by the Society in the promotion of its aims and objectives.

4) To receive, review and approve audited statements of accounts and to lay down norms and procedures for proper maintenance of accounts.

5) Elect the Board of Directors (Executive Committee).

6) Amend the memorandum and articles of association according to the procedure laid down here under.

7) Pass resolutions whether on a recommendation of a committee or sub-committee or otherwise for removal of a member.

ARTICLE 4.1: Meetings of the General Body

The General Body shall meet once in a year before the 30th day of June, and in extraneous circumstances, no later than the 30th day of September.

ARTICLE 4.2: Functions of the General Body

a) Review the activities of the Society and to scrutinise the working and functioning of the Society and its Chapters.

b) Issue suitable instructions and guidelines for the running of the Society.

c) Set up policies, guidelines and targets for achievement of the aims and objectives of the Society,

d) Receive, discuss, review, approve and accept the audited statement of accounts of the Society, Chapters, and institutions for the year under review.

e) Discuss, approve and pass the annual budget of the Society for the ensuring year as prepared by the Board of Directors (Executive Committee) or with such modifications, alternations or amendments, as it may deem fit and proper.

f) Appoint auditors for the Society, it's Chapters, institutions and affiliated organisations and to fix their remuneration.

g) Extra Ordinary General Body Meetings: The general body may meet as frequently as necessary at a extraordinary general body meeting to discuss upon any issue regarding the Society, its Chapters or institutions or to exercise any of it's functions and powers under the articles.

h) Notice and Procedure for Meetings: For convening an annual general body meeting the Secretary of the Society shall give at least 15 clear days notice to the members. The notice shall be accompanied by the report of the Board of Directors (Executive committee) on the activities of the Society and statement of account for the year under review as well as the budget estimates for the forthcoming year. For an emergency meeting convened by either the Chairman or Secretary to transact any urgent or important matter at least seven clear days notice must be given to the members.

i) Requisition meeting: A meeting may be requisitioned by a total of one tenth of the total number of members petitioning the Secretary to convene a meeting of the general body within one month of the receipt of such petition by the Secretary by giving notice of at least seven clear days. If the Secretary fails to convene such a meeting within one month of the receipt of the petition, the Chairman shall convene, such a meeting within 15 days thereafter giving at least seven days notice i.e., the meeting to be conducted before the expiry of 15 days after the receipt of the petition requisitioning the meeting by the Chairman. If both the Secretary and the Chairman fail to convene such a meeting upon the requisition, the members who had originally requisitioned the meeting may appoint any member of the Society to convene such a meeting and such member upon appointment shall convene such a meeting within 20 days by giving at least seven clear days notice to all members.

j) All notices of a general body meeting shall set out the date and time and venue of the meeting with details of the agenda and any notes thereto. The notices may be sent either by registered post or may be delivered by hand after obtaining acknowledgement.

k) Any member may send proposals in writing for inclusion in the agenda of the meeting to the Secretary so as to reach him at least 10 days before the date of the meeting.

ARTICLE 5: EXECUTIVE BODY, BOARD OF DIRECTORS (EXECUTIVE COMMITTEE) AND OFFICE BEARERS

There shall be a Board of Directors (Executive Committee) for managing the affairs of the society. The Board of Directors (Executive Committee) shall consist of EIGHT members as described below

1. The Founder Members shall elect TWO Directors from ANY CLASS OF MEMBERS for a period of 2 years.

2. The Patron Members shall elect TWO Directors from ANY CLASS OF MEMBERS for a period of 2 years.

3. The Life Members shall elect TWO Directors from ANY CLASS OF MEMBERS for a period of 2 years.

4. The Corporate Members shall elect ONE Director from ANY CLASS OF MEMBERS for a period of 2 years.

5. The Annual Members shall elect ONE Director from ANY CLASS OF MEMBERS for a period of 2 years.

6. At each AGM, as only half the number of elected board members will retire, the different class of members will be eligible to elect directors in the following manner:

a. Founder Members shall elect 1 Director

b. Patron Members shall elect 1 Director.

c. Life Members shall elect 1 Director.

d. Corporate Members shall elect 1 Director on odd years and

e. Annual Members shall elect 1 Director on even years.

7. After each AGM, the newly constituted board shall nominate two directors from any class of members or from outside the membership to serve a term of one year till the end of the next AGM.

Notwithstanding anything contained elsewhere in these Articles, the authors of the Memorandum of Association of RDF are the first Board of Directors (Executive Committee).

The first Board of Directors (Executive Committee) shall hold office for a period of three years until the third annual general body meeting.

Notwithstanding anything contained elsewhere in these Articles, the five existing non-retiring directors, who will continue to hold office beyond the 2006 Annual General Body meeting will all retire at the end of the next Annual General Body meeting which should be held in the year 2007 and the four new directors that will be elected at the 2006 Annual General Body meeting will hold office until the second Annual General Body meeting which should be held in 2008.

Terms and Re-election:

All elected members of the Board of Directors (Executive Committee) shall hold office for a period of 2 year from the date of their election and shall vacate their office at the SECOND annual general body meeting to be conducted after the one in which they were elected so as to enable that annual general body meeting to elect persons to the place vacated by them. Retiring members shall be eligible for re-election.

In case a particular class of members is entirely absent at the AGM for any reason, then members present and attending the AGM shall exercise their vote to fill the vacancies allocated to be voted in by the class of members who are absent.

In case there are no or insufficient nominations to elect the directors to fill the vacancies, then the continuing directors along with the elected directors if any shall nominate directors from any class of members to fill the remaining vacancies.

Nomination to Casual Vacancies:

In the event of any casual vacancy arising because of any member of the council resigning or expiring before his term is over or due to the termination of his membership of the Society or due to any other cause then the Board of Directors (Executive Committee) may fill up such vacancy for the period of the unexpired term of the member by co-opting any other member of the Society.

ARTICLE 5.1: Executive Body

The Executive Body shall consist of the Chairman, Vice Chairman, Chief Executive Officer and Treasurer

ARTICLE 5.2:

The Board of Directors (Executive committee) shall be duty bound to attest the signatures of all the members of the newly elected Board of Directors (Executive Committee) and to see that the said signatures of out-going governing body tally with the annual list as filled with the Registrar of Societies before 15 days of the succeeding month of the month elections were held.

ARTICLE 5.3: Functions of the Board of Directors (Executive committee), Executive Body and Office Bearers:

The Board of Directors (Executive committee) shall have the powers of general governance and management of the affairs, property, institutions and Chapters of the Society vested in it.

Board of Directors Powers:

To exercise overall control over the policies and management of the Society including its Chapters institutions and its properties in accordance with the policies guidelines and instructions laid down by the general body, and without prejudice to the generality of the foregoing, the Board of Directors (Executive Committee) shall have the power:

1) To acquire and dispose of properties on behalf of the Society by any means including by way of loan, lease sale, gift, donations, or other transfers.

2) To elect the office bearers from amongst themselves.

3) To co-opt any member of the Society into any casual vacancy arising in the Board of Directors (Executive Committee).

4) To appoint any person or persons to any inquiry or other committee

5) To call for reports from Chapter Chairman's and heads of institutions or other organisations affiliated to the Society.

6) To appoint staff and so supervise and control their functioning.

7) To construct, alter, modify and maintain such building structures and amenities as may be necessary.

8) To act as custodian of all properties of the Society.

9) To make arrangement for maintenance of accounts of the Society and institutions run by it and to arrange for their audit by the auditors appointed by the general body.

10) To have the annual accounts prepared and circulated before the 30th June every year and placed before the general body.

11) To have the Annual budgets prepared and circulated before the 30th day of June every year and submitted to the general body.

12) To accept applications and admit new members to the Society or to reject any application and thereby deny membership.

13) To make rules and regulations for the working and administration of the Society and its Chapters the conduct and running and administration of the institutions run by the Society the offer and admission of associate, affiliate active, working or youth members.

14) To borrow monies or otherwise raise funds with or without any security by way of lien, mortgage charge, pledge or hypothecation or otherwise, on behalf of the Society for the purposes of the Society.

15) To expend any sums for the achievement of the objects of the Society.

16) To invest and deal with all monies and properties of the society.

17) To accept donations, gifts, presents and other offerings.

18) To recommend or to ratify any amendments to the memorandum or articles of the Society

19) To receive all payments and monies due to the Society whether by way of fees, grants, aid, service charges, interest, dividends or otherwise.

Board of Director Meetings:

The Board of Directors (Executive Committee) shall meet at least once in every three months or as frequently as may be necessary.

Notice of Meetings:

a) A notice setting out the time, date and venue of each meeting shall be sent by the Secretary to each member of the Board of Directors (Executive Committee) so as to reach not later than seven days before the date of meeting.

b) The Secretary shall also send along with the notice an agenda along with any notes on the agenda for the meeting.

c) All notices of meeting are to be sent by either Registered post or under certificate of posting or delivered by the hand after obtaining an acknowledgement.

Any member of the Board of Directors (Executive Committee) may send to the Secretary, any proposals in writing for matters to be included in the agenda so as to reach him at least three days before the date of the meeting.

All matters before the Board of Directors (Executive Committee) shall be decided by a simple majority of the members present and voting with the Chairman having a casting vote in addition to his own in the event of a tie.

The Board of Directors (Executive Committee) may require the presence and participation in its deliberations regarding the affairs of any Chapter or institution of the Chapter Chairman or head of institution and to this end may require the attendance of the Chapter Chairman a head of institution concerned at it's meetings who shall however not have a right to vote.

The Board may pass resolutions by circulating the proposal in writing amongst all the directors. Such resolutions must be sent by registered post, courier or by hand delivery, under the signature of the Chairman. The quorum for passing such resolutions is all of the directors. No such resolution may be passed without all the directors receiving and commenting or voting on the resolution. However, resolutions to dissolve to Society or to dispose the assets of the Society shall not be passed in such manner.

ARTICLE 5.3.1: CHAIRMAN:

The Chairman shall be elected by the Board of Directors (Executive committee) from amongst themselves.

Functions & Powers:

The Chairman may: i) Preside over all meetings of the general body and Board of Directors (Executive Committee). ii) Exercise his right of casting vote in the event of a tie in any meeting presided over him. iii) To call for and convene any meeting of the general body and the Board of Directors (Executive Committee). iv) Act in a representative capacity for the Society. v) Deleted.

Article 5.3.2: VICE CHAIRMAN:

The Vice-Chairman shall be elected by the Board of Directors (Executive Committee) from amongst themselves.

Function & Powers:

The Vice-Chairman shall in the absence or inability or refusal to act by the Chairman, perform all the functions of the chairman shall bear all the responsibilities and exercise all the powers of the Chairman.

Article 5.3.3: CHIEF EXECUTIVE OFFICER:

The Chief Executive Officer shall be elected by the Board of Directors (Executive Committee) from amongst any member of the Society.

i) He shall have custody of all records and documents of the Society and shall maintain or cause to have maintained the same.

ii) Call and convene meetings of the general body and Board of Directors (Executive committee).

iii) Shall carry out, implement or cause to be carried out or implemented all the resolutions and decisions of the Board of Directors (Executive Committee), and general body.

iv) Act in a representative capacity for the Society and shall be the proper person to either sue or he sued on behalf of the Society.

v) Sign all papers, documents and deeds of the Society on behalf of the Society and all acts and deeds done by the Chief Executive Officer by virtue of and in accordance with these articles shall be binding on the Board of Directors (Executive Committee) and the Society.

vi) He is competent to countersign along with the treasurer for all bank or cash transactions.

vii) Correspond on behalf of the Society with all persons, bodies and authorities.

viii) Look after day-to-day management and maintenance of the Society, its Chapters and establishments and institutions.

ix) Call for and obtain all information, reports and accounts necessary or call for by the general body, Board of Directors (Executive Committee), executive committee or government authorities form the functionaries and staff of the Society, its Chapters, and institutions.

x) He is competent to delegate any or all of these functions to any member of the Board of Directors (Executive Committee)”

xi) To generally manage the affairs of the Society under the control and direction of the general body & Board of Directors (Executive Committee)”

ARTICLE 5.3.4 DELETED

ARTICLE 5.3.5: TREASURER

The Treasurer shall be elected by the Board of Directors (Executive Committee) from amongst any member of the Society.

Functions and Powers:

a) The Treasurer shall be the Chief Custodian of all the properties of the Society and the books of accounts of the Society and the organisation managed by it.

b) The Treasurer shall be in-charge of all cash and other finances of the Society.

c) The Treasurer shall operate the Bank Accounts of the Society jointly either with the Chief Executive Officer or any other director authorized by the board.

d) The Treasurer shall operate the Bank Accounts for withdrawal of any amount by issuing cheques with the counter signature of the Chief Executive Officer or any other director authorized by the board.

e) The Treasurer shall be the joint signatory of all loans borrowed by the Chief Executive Officer or any other director authorized by the board in the name of the Society.

f) The Treasurer shall make payment of the bills, countersigned by the Secretary.

g) The Treasurer shall look after the Accounts of the Society.

h) The Treasurer shall supervise and look into Accounts maintained by the organizations owned and managed by the Society.

i) The Treasurer shall supervise preparation of Accounts including balance sheet of the Society and Organizations run by the Society and submit them for Audit.

j) The Treasurer shall prepare budget estimates of the Society and submit the same along with the audited statements of the Society and affiliated Organizations to the Board of Directors (Executive Committee) and General Body through the Secretary.

k) The Treasurer shall not retain with himself more than Rs. 5000/- at any time in cash for more than one week.

ARTICLE 5.3.6: OFFICE BEARERS

They are the responsible persons to attend to such activities of the Society with the Board of Directors (Executive Committee) entrusts to them.

ARTICLE 5.3.7: QUORUM

For any General Body Meeting, the quorum for the valid transaction of any business in any general body meeting shall be one third (rounded to the nearest whole number) of the total members of the General Body as defined earlier, and who have paid their dues as per the requirements of their category. Members who are outside the country, shall not be included in the count for the purposes of calculating the Quorum. The quorum must include at least two office bearers.

For any meeting of the Board of Directors (Executive Committee) shall be four of whom at least two must be office bearers.

If a quorum is not available, the meeting shall be reconvened at the same time and same day of the following week and those present at the re-convened meeting shall constitute the quorum.

All matters in a general body meeting shall be decided by a majority of members present and voting by show of hands or in any other manner as may be decided by the Chairman. In the event of a tie the Chairman shall have a casting vote in addition to his own vote.

ARTICLE 5.3.8: FUNDS

Funds shall be spent only to the attainment of the objects of the Society and no portion thereof shall be paid or transferred directly or indirectly to any of the members through any means.

ARTICLE 5.3.9: AMENDMENTS

Any amendments to the memorandum of the Society or these articles of Society that may be considered desirable or necessary any be effected in the following manner.

a) On a proposed amendment being recommended by the Board of Directors (Executive Committee) by at least two-third of the total numbers of members of the Board of Directors (Executive Committee) voting in its favour. The proposed amendment is to be passed by a two-third majority of members present and voting in the general body not later than at the next annual general meeting held after the proposed amendment is recommended by the Board of Directors (Executive Committee).

b) On a resolution for amendment being passed by two-third majority of the members present for voting in a general body and on such resolution being ratified by a simple majority of the Board of Directors (Executive Committee)

However, no amendment addition or alternation to the objects of the Society contained in clause 3 of the Memorandum of the Society shall be effected without the prior approval of the Commissioner of Income Tax.

All funds of the Society shall be invested in accordance with the provisions of sub-section 5 of section 11 of the income tax Act 1961.

ARTICLE 6: CHAPTERS

ARTICLE 6.1:

The Society shall constitute and conduct Chapter of its members in such places or region or states that the Board of Directors (Executive Committee) may determine consisting of all the members of the Society residing in the local area or region state for which the Chapter is constituted.

ARTICLE 6.1.2:

The Chapter shall be run and shall function according with any rules or regulations that may be framed by the Board of Directors (Executive committee) for the running maintenance and functioning of the Chapters, either in general or for specific Chapters.

ARTICLE 6.2:

The Chapter shall be responsible for conducting and managing all the activities of the Society in that local or region or state and for maintaining all the institutions and establishments of the Society within it's local area or region or state in accordance with the policy & guidelines laid down by the governing body and the guidance, directions and instructions that may be given by the Board of Directors (Executive Committee)

ARTICLE 6.3:

The Chapter consisting of all its members shall meet at least once in a year or as frequently as called for to discuss and decide on matters of general importance or problems and all matters regarding functioning of the Chapter and its institutions and establishments in that local area or region.

ARTICLE 6.4:

Each Chapter shall elect from amongst themselves a Chapter committee consisting of not less than four members and not more than eleven members to supervise and superintend the functioning of the Chapter and its institutions and establishments in its local area or state.

ARTICLE 6.5:

Each Chapter Committee shall elect from amongst themselves one Chapter Chairman who shall be the chief office bearer for the Chapter and who shall represent the Chapter at all proceedings of the Society.

ARTICLE 6.6:

The Chapter convenor shall be assisted by a Chapter Secretary and Chapter Treasurer who shall be elected by the Chapter committee from amongst themselves.

ARTICLE 6.7:

The Chapter committee shall meet at least once in a month to discuss and decide on all matters relating to the Chapter and institutions in it's local area or region or state.

ARTICLE 6.8: Chapter Chairman

a) The Chapter Chairmen shall be responsible for the conduct of the affairs of the Chapter in accordance with the guidelines instructions and directions as may be given or issued by the Board of Directors (Executive Committee) or Executive Committee of the Society and he shall strive for the achievement of the aims and objectives of the society.

b) The Chapter Chairman shall send regular reports on the functioning of the Chapter as well as the institutions located within the local area or state of the Chapter to the executive committee of the Society.

c) The Chapter Chairman shall cause to be prepared by the Chapter Treasurer the statement of accounts of the Chapter and the institutions within the local area of the Chapter and shall forward the same to the Board of directors (Executive Committee), of the Society.

d) The Chapter Chairman shall convene or cause to be convened by the Secretary all meetings of the Chapter and the Chapter committee.

e) The Chapter Chairman shall preside over all meetings of the Chapter and Chapter committee.

f) The Chapter Chairman may operate the bank accounts of the Chapter jointly along with the Chapter Treasurer.

ARTICLE 6.9: Chapter Secretary

a) The Chapter Secretary shall be responsible for convening all meetings of the Chapter and the Chapter committee and for maintaining the minutes of all such meetings.

b) The Chapter Secretary shall be responsible for preparing reports on the functioning & conduct of affairs of the Chapter and institutions located within the local area or state of the Chapters.

c) The Chapter Secretary shall discharge and execute all such functions and powers that may be vested with by the Board of Directors (Executive Committee) and also discharge all such functions as may be delegated to him by the Chapter chairman.

d) In the absence of the Chapter Chairman or Chapter Treasurer the Chapter Secretary shall exercise the powers and discharge the functions and duties of the Chapter Chairman or Chapter treasurer as the case may be.

e) The Chapter Secretary may operate the bank accounts of the Chapter formed along with the Chapters treasurer.

ARTICLES 6.10: Chapter Treasurer

a) The Chapter Treasurer shall be responsible for the maintenance of all accounts and books of the Chapter and the institutions within the local area of the Chapter and also for drawing up statements of accounts from such books of account or accounts.

b) The Chapter Treasurer shall be the custodian of all monies of the Chapter and shall operate the bank account of the Chapter along with the Chapter Chairman, and Chapter Secretary.

ARTICLE 6.11: Closure of Chapters

The Board of Directors (Executive Committee) may by a resolution passed by a two-third majority of its member present and voting close a Chapter and thereon the local area or state or parts there of for which the Chapter was formed may or may not be transferred to any other Chapter or Chapters.

ARTICLE 7: MISCELLANEOUS

ARTICLE 7.1: Minutes

Minutes of every meeting of the general body Board of Directors (Executive Committee) shall be written maintained or caused to be written and maintained by the Secretary. The minutes are to be signed by the Chairman of the meeting and read out and approved at the subsequent meeting.

ARTICLE 7.2: Maintenance of Accounts and Audit

The accounts of the Society shall be maintained in such manner and form as may be necessary or prescribed from time to time. The accounts of the Society shall be compulsorily audited by a Chartered Accountant appointed in regard as the Auditor by the General Body.

ARTICLE 7.3: DELETED

CERTIFIED TO BE A CORRECT COPY

S.No

Name / Son of Age- Yrs

Society Designation

Occupation and Background

Residential Address

Signature

1 Mr. Uday Kumar S/o Mr. E. Vijay Kumar

39 Chairman, Founder Member

Engineer : B.Tech Electrical Engineering, Indian Inst. Of Technology, Kanpur:, M.S. Elec. Eng. Louisiana State Univ.; MBA, Univ. of California, Berkeley.

12A. Sector B. AWHO Colony, Sikh Village, Secunderabad. AP 500009

2 Dr. K. Shasidar, S/o Sri K. Surya Narayana

38 Founder Member

Managing Director, Kamineni Hospitals Ltd. M.S., General surgeon Gulbarga univ, Karnataka

102, Kauchenjunga, King Kothi Road Hyderabad-1.

3 Mr. D. Arjun Rao, S/o Dr. D. Kamalakar Rao

29 Treasurer, Founder Member

Entrepreneur: B. Tech Mechanical Engineering. Indian Inst. Of Technology, Madras; M.S. Mechanical Engineering, Cornell Universit

204, Sarita Apartments. Rd No. 4, Banjara Hills , Hyderabad. AP 500034

y.

4 Mr. Gopal Agarwal , S/o Sri Nathwal Agarwal

38 Secretary, Founder Member

Director, ISE Steels Pvt. Ltd. B.Com, Agarwal College

Plot No. 22., Rd No. 5, Trimurthi Housing Colony, Mahendra Hills, Sec’bad -500026

5 Mr. K. Prasad Rao, S/o Mr. K. Vijayarama Rao

31 Vice Chairman, Founder Member

Executive Director. Vidhata Plastics India Pvt. Ltd; B.Tech Mechanical Engineering, Indidan Inst. of Technology, Madras; M.S. Mech. Engg. Univ. Of Illinois.

8-2-326/4/B. Rd No. 3, Banjara Hills, Hyderabad. AP 5000034.

6 K. Madhusudhan , S/o Late Sri K. S. Ramamurthy

41 Founder Member

Managing Director, Vantech Engineering Enterprise Ltd. B.Tech Mechanical Engineering. Regional Eng. College, Warangal

6-3-609/27, Anandnagar Colony, Hyderabad. AP 500004

7 Mr. E. Madan Mohan Rao, S/o Mr. E.Venkatramnarsiah

41 Joint Secretary, Founder Member

Journalist (UNI) and Social Worker: B.A. Economics, Madras Christian College; Madras, M.A. Economics, Osmania University. Hyd

2nd Floor, Kaarnik Towers , Khairtabad, Hyderabad AP 500004

8 Poonam V. Kumar, D/o Wing Cdr. S.C. Verma

32 Founder Member

B.Tech. Electrical Enginering. ( Indian Inst. of Technology, Madras) MBA (Indian Inst. of Management, Calcutta).

10-3-32/A, E.Maredpally, Secunderabad, AP 500 026.

.WITNESS

1. Dr. Vittal Rajan 59 Founder, Deccan Development Society 3/1 Block B, 1stStreet,

S/o.Late Sri.Srinivas Rajan Ph.D., London School of Econ. Kakathiya nagar colony

Habsiguda, Hyd -7

2. Mr. J.V. Ramudu 41 Jt. Commissioner of Police Hyd. 1-22 Erramanzil colony

S/0 Late Sri Venkataiah, Indian Police Service Panjagutta,HydA