Bye-Laws / Rules - under revision

7. CONFERENCES 8. BRANCHES:

Local branch of the Society can be created at any city provided there are 10 or more members of the Society. Each branch shall elect one branch secretary to transact the business of the branch.

9. FISCAL YEAR:

The fiscal year of the Society shall be from the first day of April to the last day of the March.

10. AMENDMENTS:

BYE-LAWS

A. Subscription:- B. Local Branch:-

A recognized local branch of the Society shall receive Rs.5/- per active and valid member per year from the parent organization for petty contingent expenses.

C. Regional Conference/ Symposia/Workshop:- The Society may render financial aid to the maximum extent of Rs.1000/- to any regional conference/symposia/workshop organized under the auspices of the Society provided that :-

D. Accounts for the General Secretary:- The General Secretary shall submit his accounts to the treasurer to facilitate auditing of the treasurer’s account.

E. Subvention for Journal:- The accounts of the journal shall be maintained by the chief editor. The treasurer shall pay the chief editor :-

F. Chopra Memorial Fund:-

An endowment “Chopra Memorial Fund” be created to organize suitable academic activities, e.g. Chopra Memorial Oration etc. The following will act as interim trustees to decide matters regarding Chopra Memorial Fund.

The fund shall be jointly operated by Prof. G. P.Gupta and Prof. B.N. Dhawan.

As much of the fund as possible shall be kept in a long term fixed deposit in one of the nationalised banks, rest be deposited in a savings bank account.

Expenses incurred in Chopra Memorial Oration including TA/DA, medal/scroll/souvenir, etc. be met out of the interest accrued on bank deposits.

Accounts of the fund shall be submitted to the treasurer of the Society every year.

The executive committee of the Society shall appoint the following committee to decide the speaker for the Chopra Memorial Oration of the next year –

i) President-Convener,
ii) General Secretary,
iii) Three members nominated by the executive committee.

G. Society’s Fund:-The treasurer shall maintain the funds of the Society. The following receipts shall be kept in long term fixed deposits in one of the nationalized banks and/or public sector undertaking

i) Life Membership fee-all
ii) Donations
iii) Endowment funds for the award of prizes
iv) Any savings of the Society.

Interest accrued on life membership fees be added to the subscriptions of ordinary members for contingent expense of the Society. Interest accrued on endowment funds shall be for the award of respective prizes

H. Journal:- All members of the Society who have no dues in arrear shall receive the journal free of any extra charge.

The chief editor shall fix the subscription rate for contributing the journal by non-members and libraries.

I. State Representative:- Members from each state may elect a state representative who may attend the meeting of the executive committee with no voting right.

J. FELLOWSHIP OF INDIAN PHARMACOLOGICAL SOCIETY The Fellowship is a recognition by the Society of significant contributions of the person to growth and development of pharmacology in the country and should encompass achievements in research , publications and teaching. The eligibility of Fellowship will be restricted to Indian citizens who are life members of the Society for 7 years. The election will be governed by the Regulations framed by the Executive Council and approved by the General Body of the Society.

a) NOMINATIONS

b) NUMBER OF FELLOWS

The maximum number of Fellows will be 100 or 10 % of the life membership of the Society whichever is less. Not more than 5 Fellows will be elected in any year. During the first 5 years , however , upto 10 Fellows may be elected subject to not more than 5 % of the life membership of the Society.

c) ELECTION PROCEDURE

d) OBLIGATIONS OF THE FELLOW Previous Page          Next Page
 
 
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Dr.B.Dinesh Kumar, Immediate Past General Secretary,IPS