Thursday, December 19, 2013

MEMORANDUM OF ASSOCIATION OF DREAM NATION FOUNDATION 

 1. Name: DREAM NATION FOUNDATION (‘DNF’ in abbreviation) in English or ‘SAPNON KA DESH’ Trust in Hindi.
 2. Location: The Registered office of the organization will be situated at 15-B, UPKAR NAGAR, PATIALA and may be shifted to such other place as the members, by consensus, may deem fit and proper at their discretion.
 3. Jurisdiction / Area of Operation: Its Jurisdiction / area of operation shall be the state of Punjab initially and may be extended later to other places.

 4. Mission Statement: A Non-profitable, Non-political and non- Government Organisation: ‘Dream Nation Foundation’ is a Global Indian community based on voluntary efforts and contributions which aims to contribute in restoring the pristine glory and greatness of the Indian Nation, make every possible effort towards making India a truly developed country and bring in development in all forms to realize the dreams and vision of the martyrs, patriots and the people of India and contribute its bit to help India become one of the greatest nations of the world and one of ‘the best countries to live’ for all the people belonging to this country.
5. Aims & Objectives:
i. To do all those activities and pursue all those aims which contribute to restoring the greatness of India as the best nation in the World in general and Values of Freedom, Equality, Justice, Quality of Life and Human Dignity in particular.
ii. To contribute to give a better life to the under-privileged, orphans and the destitute and to promote quality of life citizens of India in general.
iii. To promote availability of education, health and employment for all.
iv. To promote conditions for a balanced, healthy and dignified living.
v. To promote vocational training among youth and able bodied and disabled people. vi. To contribute towards cleanliness, greenery/environment care and road safety.
vii. To contribute in Population Control and Election reforms and for a more vibrant democracy.
viii. To further the cause of education, knowledge, awareness and enlightenment among all Indians.
ix. To create awareness among fellow citizens about various rights available to them and help them in availing such rights.
x. To work against social evils like female feticide, rape, dowry, drugs, corruption, honour killings, Superstition, religious fanaticism etc.
xi. To work for creating conducive atmosphere for persons with disabilities.
xii. To support safety, growth and dignity of girl child and gender equality in general.
xiii. To make all out efforts to preserve life on planet earth by ensuring a clean pollution free environment.
xiv. To inculcate the feelings of patriotism, nationalism and nation building among the fellow citizens.
xv. To help and support people, organizations, etc. working for social/national causes.
xvi. To further the use modern technology and innovations in creating employment and other avenues for youth and to promote healthy habits, sports, etc. among them.
xvii. To contribute to development of co-operative movement that leads to lesser costs and greater overall earnings for the workers/farmers.
 xviii. To take up judicially, causes of public interest.
xix. To acquire land by way of purchase, lease, gift, donation, etc and own, manage and administer Institute(s) for imparting professional education etc, so as to help the youth to seek job oriented and self-employment occupations to make them the ideal citizens of our nation.
 xx. To open educational institution(s), to arrange for the upkeep and education of the destitute and poor children especially girls and make arrangements for their survival, protection and all round development through charitable schemes.
xxi. To acquire land by sale, lease, gift, donation, etc and raise, own, manage and administer houses/Institute for the senior citizens, orphans, deserving citizens at NO-PROFIT-NO-LOSS basis.
xxii. To establish good libraries, reading rooms to inculcate the habit of reading and writing amongst the children and to arrange and distribute books and other stationary materials for the poor/needy students.
xxiii. To own and/or arrange Ambulances for ferrying the patients in emergency and to help the needy with cash and/or kind.
xxiv. To arrange monetary help for the widows, women in distress, and to arrange and spend money for the marriages of girls in need. xxv. To give one-time or periodic (repeated/regular) assistance to the needy men, women, students, etc in money or in kind/material.
xxvi. To use money for the welfare of animals. xxvii. To arrange/use funds for celebrating religious and social functions and to spend money for the food and clothing of the poor needy citizens of the society.
xxviii. To arrange for the clean drinking water in the urban & rural areas. xxix. To provide monetary help, cloths, eatables, shelter, etc. to the under privileged citizens or those affected by natural calamities like floods, earthquakes, accidents, war, etc . xxx. To develop undertake and manage Rural Development Funds, integrated rural development projects for overall socio-economic development of the villages including encouragement of co-operative movement among the villagers.
 xxxi. To work for high lightening, and imparting knowledge about AIDS, Traffic rules and regulations, Cancer, feticides and to raise the sex ratio in respect of the girl child and any other issues for the benefit of the society.
xxxii. To restore the cultural and social heritage of the country by propagating and promoting various dying arts and lesser known cults and practices of excellence and wisdom.
xxxiii. To edit, translate, publish, disseminate literature of such nature as to further the purpose of the society that would preserve and promote national integration.
xxxiv. To set up Government aided projects such as of KVIC, Ministry of Food Processing, etc. xxxv. To print, publish and distribute literature, books and magazines to propagate the purpose for which the Society stands.
xxxvi. To take up any program which suits and reflects the spirit of DREAM NATION Foundation or which the executive deems fit.

 OBJECTIVES ANCILLARY AND INCIDENTAL TO THESE MAIN OBJECTIVES 
a. To get contribution in the form of subscription and donations from the members of the Society and others in order to achieve the main objectives of the Society.
b. To get help, recognition from government (Central and State) for the upliftment of the Society.
c. To get help, recognition from the United Nations and its subsidiaries like World Health Organization, etc and other International Organizations, for the upliftment of the Society.
d. To sell, mortgage or lease property of the Society for the upliftment of the Society.
e. To acquire property by purchase, mortgage, lease and gift/donation and to seek concessions from the government in getting the property required for the purpose of the Society.
f. To seek concessions from the government for the registration of the properties purchased, mortgaged, leased and gifted/donated to the Society.
g. To seek financial help/assistance from the government, government institutions, banks financial institutions and other bodies for the upliftment of the Society.
h. To seek advice from the top academicians, consultants, specialists to achieve excellence in the field of education, health care and others for the all-round development of the Society.
i. To provide extension of Educational services, consultancy and transfer of technology to the needy persons, organizations, etc.
 j. To help and support individuals engaged in causes considered worthy by the member of GIF subject to approval by Patrons.

            We, the several persons of General Body whose names, address, occupations, designations and signatures are given below, are desirous of being formed into a Society, in accordance with the provision of the Societies Registrations Act, 1860 under the name of DREAM NATION FOUNDATION in pursuance of this Memorandum of Association. S. No NAME ADDRESS & E-MAIL AGE DESIGNATION OCCUPATION NOMINEE SIGNATURE
1. Raman Pal Singh Malhotra 15-B, Upkar Nagar, Factory Area, Patiala (Pb) 147004 43 Chairperson Cum Patron Private Business (Ex- Major of Indian Army) Harpreet Kaur Chawla
2. Vishal Duggal 587, Urban Estate Phase II, Patiala 42 General Secretary Cum Patron Consulting Engineer Vikas Duggal
3. Pardeep Joshan 18, Sai Enclave, Sant Hazara Singh nagar, Sanour Road, Patiala 50 President Cum Patron Builder Seema
4. Mittar Pal Singh 3076, Phase II, Urban Estate, Patiala 49 Vice-President Cum Patron Coach in University Japjit Singh
5. Gurjeet Singh 45-A, DLF Coloney, Patiala 42 Finance Secretary Cum Patron Govt. Service Abhinav Preet Singh
6. Etinder Pal Singh 8, Sriniwas Coloney, Near Dukh Niwaran, Patiala 42 Patron Professor Jyoti Doval
7. Baljeet Singh 72-B, Sewak Coloney, Patiala 23 Patron Engineer in Private Company Jagmohan Singh
Certified that, this is the true and correct copy of the memorandum. Witnesses 1. ……………………………………………. 2. ……………………………………………….



RULES & REGULATIONS OF DREAM NATION FOUNDATION 

The Society has been functioning within the frame work of its objects as laid down under memorandum of association of DREAM NATION FOUNDATION.

 1.Interpretation: In these rules and regulations unless there be anything in the context repugnant or inconsistent therewith;
 a. ‘The society’ means DREAM NATION FOUNDATION.
 b. ‘The General Body’ means the members of the Society.
 c. ‘The Patrons’ mean the Patrons of the Society. ‘The Executive Committee’ means the Executive Committee of the Society.
 d. ‘A member’ means a person having been admitted therein according to the rules & regulations thereof, have paid a subscription, or have signed the memorandum thereof and have not resigned in accordance with such rules and regulations.
e. “Rules and Regulations” means rules and regulations framed, adopted, extended, abridged or altered therein by the Executive Committee of the society in accordance with the provisions contained in Memorandum of Association.
f. “Office bearers” means Members of the Executive Committee and includes the Chairperson, President, Vice President General Secretary and Finance Secretary .
g. ‘Act’ means the Societies Registration Act, 1860.

2. Membership: The membership of the society shall consist of Individual Members:
 a. Such individuals who sign the Memorandum of Association of the society shall be the Patrons of the Society.
 b. Such other individuals who may be admitted to the Society from time to time and whose name is entered in the Register of Members shall be member of the Society.
 b. All the applications for membership shall have to be approved by the Executive Committee, which reserve the rights to admit or reject the same without assigning any reason whatsoever and its decisions shall be final.
c. The Founder Chairperson of the Society will be life Chairperson. In case of resignation, death or disqualification of the Chairperson, new chairperson will be selected by the Patrons.
 d. Selection of new chairperson • Candidate should be either among the prevailing patrons or be a primary member for at least 5 years • Preference will be among the prevailing patrons • In case, none of the patrons consent for becoming the chairperson, other eligible candidate (with prior consent) may be selected by the patrons.
e. Provided further that even though members of the Society are life members, they can be removed from membership (except Patrons) by passing a resolution by 2/3rd majority of the members present and voting in the meeting, which would have the mandatory presence of the Chairperson , with his having Veto Powers.
f. If a member, whose membership solely stands on his occupying an official position, ceases to be in that position, his membership will automatically cease to exist.
 MEMBERSHIP SHALL BE OF FOLLOWING TYPES:
 Patrons • The individuals involved in establishment of the Foundation (signatories to the original Memorandum of Association) or there nominees shall be the Patrons for life. • Number of Patrons is presently 7. Number of Patrons can be increased or decreased by present members through consensus. • In case of death of any of the Patrons, his/her nominee shall be entitled to the privilege (provided that the nominee is willing to accept). Chairperson • The individual responsible for conceiving the establishment of the Foundation (is also one of the Patrons). • The position is a life-time position. • The Chairperson may himself voluntarily bequeath the position in favour of any other person chosen by Patrons through consensus. The outgoing Chairperson may be conferred the position of Chairman emeritus.
 Primary members • This membership shall be offered to all the interested individuals. • They shall pay membership fee in lump-sum or on regular basis as decided by the EC from time to time. • These members shall be vested with voting rights.
 Associate members/Volunteers • Any Indian citizen, wanting to work for furtherance of goals and objectives of the Foundation, but not willing to pay for applicable membership fee. • They shall not have any voting rights. Corporate members • Any commercial/institutional entity, which envisions interests similar to that of the foundation, shall be eligible to be a corporate member. • They shall pay membership fee in lump-sum or on regular basis as decided by the EC from time to time. • These members shall be vested with voting rights (one vote per member).
Honorary members • Any person who has rendered special meritorious services to the Society or who has performed unusual work evidencing a high degree of achievement in the areas of active interests of the Foundation may be introduced as honorary member upon the recommendation of the Executive Committee – subject to his/her willingness • Persons occupying stated official position/portfolio (as defined by the EC) – subject to their willingness • Honorary members shall be excused from the payment of membership fee. • Privileges accruing to this class of membership shall not be less than privileges enjoyed by a Primary Member. Employed members • All such employees of the Foundation, as deemed fit by the EC by virtue of nature their duties/responsibilities, shall be retained as member of the Foundation. • Such members shall not be entitled to pay any membership fee. • They shall not have any voting rights.
General Terms • Deep interest and sincere commitment towards promoting goals and objectives of the Foundation by making direct/indirect contributions in its activities • Indian citizen or a commercial/institutional entity registered in India or abroad keen on contributing to development of India or Indian People.. • Any individual having age of 18 years or above. • All candidatures for membership shall be vetted by the Executive Committee • Executive Committee reserves the right to accept or reject any candidature for the membership without assigning any reason and its decision shall be final and unequivocal.
Termination of membership • In case of death • In case of resignation • In case of disqualification • On relinquishing their office by virtue of which they were made members. Disqualification of membership • In case a member fails to pay annual membership fee continuously for two years (for Primary and Corporate Members). Category of Primary members may be changed to Associate Members. • In case the EC is of the strong opinion against the association of a member. • If a member is convicted by any court of law in India and consequent to that, if, in the opinion of the EC, the member is not fit to be allowed to continue. • If a member is involved in any activity which, in the opinion of the EC, is detrimental to the working and goals/objectives of the Foundation. • If an individual member is found to be of unsound mind. • The decision is to be taken through consensus by the Patrons on recommendation of the EC.
 4. Code of Conduct: Every member of the society shall be managed by the provisions of the Memorandum of Association, the Rules and Regulations of the society, Bye laws and decisions made or taken by the Society or Executive Committee from time to time.
 5. Constitution of the Executive Committee:
 a. The affairs of the Society shall be managed by the Executive Committee consisting of not less than five and not more than seven members elected (Including Chairperson) in the Annual General Meeting for a period of two years and eligible for re-election.
b. The Office bearers of the Executive Committee shall be: i. Chairperson ii. President iii. Vice President iv. General Secretary v. Finance Secretary
 CHAIRPERSON
 a) To generally guide and supervise the working of GIF.
b) To chair meetings of Patrons, Executive Committee and General Body.
c) To be the appointing authority for the office staff and also the authority to terminate or suspend any employee or to take such disciplinary actions as required under any situation on recommendation of EC and in consultation with Patrons of the society.
d) To sign documents and authorize actions on behalf of GIF.
e) To operate Bank accounts along with other office bearers as authorize in this regard by Executive Committee.
f) To sanction any adhoc or urgent expenditures up to Rs. 50,000/- without prior approval of Executive Committee.
g) To call meeting of Patrons, Executive Committee as required from time to time and as provider under the rules.
h) To authorize or obtain views, decisions and sanctions of the Executive Committee by circulation of notes, proposal, resolutions etc. Where it is not expedient or practicable to call a meeting of Executive Committee provided all such authorizations shall be in writing.
i) To appoint one of more members of executive Committee to represent GIF in any national, International seminars/ conferences/ govt. Committees/ Legal proceedings.
 j) To guide and give directions in the event of absence of laid down guidelines in consultation with Patrons.
President 
a) To look after day-to-day functioning of the Society.
b) To take day-to-day decisions in consultation with the Chairman of the society.
c) To represent the society at official and private functions.
d) To be responsible to execute the on-going projects/ works of the society.
e) To look after fund-raising, donations, membership and execution of decisions of the society.
f) To sanction any adhoc or urgent expenditures up to Rs. 10,000/- without prior approval of Executive Committee.
g) Will report directly to the Chairperson
 Vice President 
a) To communicate and interact with govt./non-Govt. bodies on the behalf of the Society
b) To assist the president in day-to-day functioning of the Society.
c) To advise the president on vital day-to-day decisions of the society
d) To oversee/review the official and financial aspects of the society.
e) To function as president in the official absence of the President.
f) Will report directly to the Chairperson  
General Secretary
(a) To manage & administer the office of the GIF under the general guidance and supervision of the President.
(b) To maintain office discipline.
(c) To correspond with various authorities, organizations, individuals in connection with work and affairs of GIF under the general advice of President.
(d) To prepare and maintain the records of the GIF to maintain & prepare minutes of meetings of Executive Committee, General Body and other committees.
(e) To present reports to President, Executive Committee, General Body and other committees.
(f) To enter into legal agreements as authorized by Executive Committee, from time to time.
(g) To operate bank accounts of GIF along with other office bearers as authorized by Executive Committee in this regard.
(h) To convene the meetings as directed by the President in accordance with rules and regulations from time to time.
(i) To do all other duties as directed.
(j) Will report directly to the President
Finance Secretary 
 a) He/She shall be responsible for keeping an day to day account of the income and expenditure of the Society and all its concerns and make entries in the books of accounts i.e. Cash Book, Ledger, Receipt Book, Vouchers, etc.
b) All finances received (in any form) and expended by the Society and the matters in respect of which receipt and expenditure take place.
c) All sales and purchases of goods by the Society.
d) The assets and liabilities of the Society.
e) To maintain the accounts of GIF
f) To raise funds with the help of the other members and office bearers.
g) To operate bank accounts along with other office bearers as authorized by Executive Committee in this regard.
h) Arrange annual audit of the accounts by the Auditor duly appointed by the Society for the purpose and submit the same to Executive Committee, General Body.
i) File returns of Income of the Society with the Income-tax Authorities as prescribed by the rules in this regard.
 j) Prepare the annual budget for the approval by the Society.
k) All the powers of the Finance Secretary shall be carried out in consultation with the Chairperson.
l) All the powers of the Finance Secretary shall be carried out in consultation with the General Secretary.
m) All the receipts and vouchers of income and expenditure shall be approved by him/her and the Chairperson.
n) He/She shall be responsible to do all acts as directed by the President from time to time in respect of the accounts and handling of the funds of the Society.
Other office bearers shall be elected by the General Body from among its primary members for a term of two years in the Annual General Meeting and eligible for re-election.
General Rules Governing Functioning of Executive Committee
The Chairperson will have Veto Powers.
The Executive Committee shall manage day to day affairs of the Society.
o In case any office bearer resigns, suffers disability (Legal/Physical) or dies, a fresh meeting of the General Body to fill up the vacancy for the remaining term shall be held. Adhoc arrangements can be done by the Executive on approval of the Patrons.
o In case, the Chairperson is not present in the meeting of the Society, the meeting shall be chaired by the President.
If the President is also not present, executive Committee will appoint a member to hold the chair for the meeting for the day, except for the meeting as outlined under MEMBERS OF THE SOCIETY (v).
o All the decisions will be finalized and will come into force only after these are approved and signed by the Chairperson. o Any of the members of the Executive Committee except Chairperson can be removed by a vote of “NO CONFIDENCE” in a meeting of the council of Societies convened on the requisition, received from 2/3rd members of the Society. The No Confidence motion can be carried out by 2/3rd majority of the members present and voting.
o None of the members of the Society will claim any benefits/profit from the Society.
o Any vacancy arising on the Executive Committee may be filled by Chairperson in consultation with the Executive Committee out of the remaining members for the period for which outgoing office bearer would have remained in the office.
6. General body and its functions:
a. The General Body of the Society shall have at least seven members.
b. An Annual General Meeting shall be held every year at such place, time and date as may be determined by the Executive Committee to transact the following business( at least twenty-one days clear notice shall be given to the members to convene such an Annual General Meeting) :- i. To receive the report of the office bearers of the Society on the affairs of the Society. ii. To receive audited financial Statements of the Society. iii. To approve the budget of the Society. iv. To elect the Executive Committee of Management of the Society. v. To appoint an auditor.
c. The accidental omission to give notice to or the non-receipt of notice, by a member or other person to whom it should be given shall not invalidate the proceedings of the meeting
 d. 50% members of the Society, shall constitute a valid quorum for the Annual General Meeting provided that no such meeting shall be valid unless attended by at least two (3) members of the governing body. For EGM, at least 2 members of the governing body will be required.
 e. Members unable to be present physically can vote by proxy in writing. They can also record their dissentions in writing.
f. All the decisions of the General Body shall be taken by 2/3rd majority of the members present and voting. In case of equity of votes, the Chairperson will have a casting vote in addition to his normal vote.
g. The Chairperson will also have VETO POWERS.
h. The General Body shall elect the Executive Committee (except the chairperson) of the Society.
i. Any amendments, if deemed necessary to the Rules & Regulations of the Society can only be made by 3/4th majority by the Patrons.
j. In case of lack of required majority (among the Patrons), the issue under context can be subjected to ratification by the General Body if the Chairperson so wishes.
k. Every member shall be entitled for the reimbursement of travel expenses or daily expenses incurred during the process of achieving the objectives of the Society with the approval of the governing body. However, no profit shall be taken by any of the Society member.
 l. Without prejudice to the above provisions, any member who works part/whole time in the Society may be paid such remunerations as may be fixed by the Executive Committee from time to time.
  m. The General Body shall be empowered to institute, conduct, defend, compromise or abandon any legal proceedings by or against the Society, Institution, its employees or any others. n. In any meeting of the Society the Chairperson may exercise casting vote if required.
 o. The General Body shall lay down general policies ( to be ratified by the Patrons) for the furtherance of the aims and objectives of the Society.
 7. Financial year: The financial year of the society shall commence on the 1st day of April of each year to 31st day of March of the succeeding year.
8. Audit: The accounts of the Society shall be audited annually by a Chartered Accountant in practice and the audit report along with the Annual Accounts shall be placed before the Annual General Meeting.
 9. Funds: The following shall comprise the funds of the Society. The amount of monthly membership fee may be varied from time to time. a. Monthly contribution of Founder members @ at least Rs. 500/- (Rupees Five Hundred only) (there will be no upper limit) b. Monthly Contribution of Active members @ at least Rs .100/- (Rupees one hundred only)(there will be no upper limit). c. Donations d. Sale of publications e. Government grants f. Foreign grants g. Any type of income h. At the time of exigency, special funds can be raised by the Executive Committee which will have to be ratified in the coming Annual General Meeting. i. Any other suitable means as decided by the Governing Council.
 10. Bank account: Bank account having cheque facility shall be opened in the name of the Society. All the transactions shall be made under the signature and seal of the Chairperson jointly with any other office bearer or such other person as may be decided from time to time.
 11. Income and Property a. The income and property of the Society whenever derived shall be applied solely for the promotion of its objective as set forth in the Memorandum of Association. b. No portion of the income or property aforesaid shall be paid or transferred directly or indirectly, by way of dividend, bonus or otherwise by way of profit, to person who, at any time are, or have been members of the Society or to any one or more of them or to one person(s) claiming through any or more of them. c. No remuneration or other benefit in money or money’s worth shall be given by the Society to any of its members except payment of expenses incurred in connection with the work of the Society. d. To raise voluntary grants and contributions either in cash or in kind. e. To borrow or release money for the purpose and objectives of the Society and conditions as the society may think fit.
 12. Legal matters: a. Any document or proceedings of the Society requiring authentication may be so attested by only the General secretary of the Society. b. All documents relating to the properties of the Society shall be executed by the Chairperson or the Secretary for and on behalf of the Society.
13. Amendments or alterations: Any alteration to the rules and regulations of the Society shall be made by 3/4th majority of the Patrons. In case of lack of the majority, the Chairperson may recommend for its ratification though the AGM, which shall need at least 2/3rd majority.
14. Dissolution: The GIF will ordinarily never be dissolved. However, the Patrons at a duly convened meet, by 3/4th majority, may decide to wind up the affairs of GIF or to amalgamate it with any other organization that has the same aims and objectives as GIF and can, by doing so, far better serve those objectives. Provided that the asset of GIF may be donated to any voluntary/ governmental organizations as per terms and conditions that the General Body may specify in resolution dissolving the GIF.
 15. Legal action: The Secretary may sue or be sued on behalf of the society for movable and immovable properties.
16. Certificate:
a. Certified that this is the true and correct copy of the rules and regulation of DREAM NATION FOUNDATION voluntary organization.
b. Certified that there is no other registered society with the above name in the same area.
c. All legal matters shall be guided under the Societies Registration Act XXI 1860 with the amendment of 1969. Certified that this the true and correct copy of the bye-laws Signature of any three members of Executive Committee /Governing Body --------------------- ------------------------- ------------------------ (CHAIRPERSON) (SECRETARY) (FINANCE SECRETARY)