PRESIDENT, ISTE

     Prof. Pratapsinh Kakaso Desai 

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EXECUTIVE SECRETARY

 

    Prof. Vijay D. Vaidya

 

 

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Distribution of Membership fee


The annual interest on Life Membership fee will be distributed as follows for the activies of Chapters, Sections and Headquarters:

Details of Membership

Chapter Share

Section Share

Hqrs.Share

LM Number 0001 to 12140 (Joined upto 31-12-1991)

  Rs. 4.00  

 Rs. 2.00 

 Rs. 4.00 

 LM Number 12141 to 19720 (1-1-1992 to 31-3-1994)

  Rs. 8.00

 Rs. 4.00 

Rs. 8.00

 LM Number 19721 to 27000  (1-4-1994 to 31-3-1998)

  Rs. 20.00

 Rs. 10.00

Rs. 20.00

 LM Number 27001 onwards  (1-4-1998 onwards)

  Rs. 40.00

 Rs. 20.00

Rs. 40.00

 Each Student Member

  Rs. 18.00

 Rs. 6.00  

Rs. 6.00  

 

Note:

 

1.   The above mentioned distribution of annual interest on Life Membership fee @ 5% p.a. is on per-member-basis.

2.   The admission fee for all categories of membership is retained by the Headquarters.

3.   The Annual and Institutional Membership is retained in full by the Headquarters.

Chapter Share

The proportionate share of the Bank interest on the Life Membership fee shall be remitted to the Chapter on receipt of the satisfactory report of Activities and Audited Statement of Accounts for the preceding year from the Chapter through proper channel. The request for the release of the Chapter share should be sent to the Headquarters during the month of July of every year.  Student Chapter can retain their share out of total fee collected and send the rest amount to ISTE Delhi for necessary action.

 Section Share

 The Section shall make an annual report of Activities and Audited Statement of Accounts every year and shall send them to ISTE Headquarters during July of every year. The Section's share shall be released only on the receipt of these details.