About Just Sportz Academy
The Board of Directors of JUST SPORTZ Management Private Limited, a private
limited company formed under the Indian Companies Act 1956 having its
registered office at Flat 2B & 3B, 21 Lansdowne Place, Kolkata 700 029,
herein after called THE COMPANY, have decided to create a wholly owned
subsidiary under the name and style JUST
SPORTZ ACADEMY, herein after called THE ACADEMY on and from the 1st
day of April 2012.
PURPOSE
& OBJECTIVES:
The purpose and objectives
of THE ACADEMY will be:
·
To enroll such individuals as MEMBERS who
share the common objectives and visions as that of THE COMPANY.
·
To give such members opportunities to involve
themselves and to participate in the various activities planned by and executed
by THE COMPANY.
·
To plan / organize programmes and events as
prescribed in the Articles of Association [AOA] Memorandum of Association [MOA]
of THE COMPANY with prior approval of THE COMPANY.
·
To plan / organize training and development
programmes, seminars and workshops with prior approval of THE COMPANY.
·
To do all such things for the development of
sports and other activities in which THE COMPANY is interested and involved.
MANAGEMENT
The management of THE
ACADEMY rests solely with THE COMPANY.
Delegation of authority and
responsibility amongst members of THE ACADEMY will be at the discretion of THE
COMPANY.
TYPES OF MEMBERSHIP
THE ACADEMY will have TWO
categories of members:
·
LIFE
MEMBERS
·
ANNUAL MEMBERS
Admission of members will be the sole prerogative of THE
COMPANY as will be the renewal of Annual Membership.
DURATION
OF MEMBERSHIP
·
LIFE
MEMBERS – such membership will be valid for the life time of the member.
·
ANNUAL MEMBERS – such membership will be
valid for a period of ONE FINANCIAL year starting on 1 April and ending on 31
March of the next year. [NOTE:
Membership starting at any time in between the period mentioned will
automatically expire on the subsequent 31 March].
MEMBERSHIP
DUES
·
LIFE
MEMBERS – To be determined by THE COMPANY
·
ANNUAL MEMBERS – Rs. 1,000.00 per year.
NOTE: The above mentioned Membership
Dues are subject to change as may be decided by THE COMPANY, but never with
retrospective effect.
TERMINATION OF MEMBERSHIP
THE COMPANY reserves the
right to terminate a membership on the following grounds:
·
If the continuance of a member is considered
detrimental to the objectives, reputation and / or wellbeing of THE COMPANY and
/ or THE ACADEMY.
·
If the acts of a member is in conflict with
the aims and objectives of THE COMPANY and / or THE ACDEMY.
·
Acts of INDISCIPLINE by a member.
·
Acts of misuse and theft of THE COMPANY’s
funds and property.
PRIVILEGES
OF MEMBERSHIP
·
Participation as officials in all events and
programmes organized by THE COMPANY and / or THE ACADEMY.
·
Concession on fees for participating in
events and programmes organized by THE COMPANY and or THE ACADEMY where
participation fees are applicable. Such concessions to be decided by THE
COMPANY.
LIMITATIONS
OF MEMBERSHIP
·
Membership of THE ACADEMY does not give a
member any rights in deciding the policies and / or the administration of THE
COMPANY and / or THE ACADEMY.
·
Members have no rights to make any
commitments, financial or otherwise on behalf of THE COMPANY and / or THE
ACADEMY without prior approval of THE COMPANY.