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Becoming
APTMA Member |
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Members are the core part of APTMA. The association is really proud of its members and always supports them in all aspects. There is a specified criterion to qualify for the membership. The subscribers of the Memorandum of Association and persons admitted to membership on accordance with these Articles shall be members of the Association (the word Persons" shall include individuals, firm or company), provided that the indenting member must hold a National Tax Number. Qualification for Membership Any individual, firm and/or company owing one textile mill having a minimum of 5,000 spindles or 1,000 Rotors or 200 Looms, 48 Shuttleless /Airjet Looms (One Shuttleless/Airjet Loom = 4 Ordinary Looms;) shall be eligible for membership of the Association. Any individual, firm and/or company intending to install textile units be considered eligible for Provisional Membership. Every candidate for membership shall be proposed by one member and seconded by another member of the association. Every application for membership shall contain facts showing that the candidate is a textile mill, firm or company having the requisite number of Spindles, Rotors Looms or Shuttleless Looms/Airjet Looms as per Article 5(i) and an undertaking by the candidate to carry out all obligation of a member of the association and shall be signed by the candidate. All application for the membership shall be made through the respective Zonal Office and shall be accompanied by with such admission fee, annual subscription and/or compulsory contributions as payable under the Articles. The Zonal Committee of the respective Zonal Office while forwarding the application for the membership shall endorse their recommendation. Except as provided for in the Trade Organisation Ordinance, 1961 as amended from time to time the admission of a member shall be at the absolute discretion of the Managing Committee of the Association who shall not be required to give reasons for refusing admission. In case of refusal, all sums accompanying the application shall be refundable. The membership shall be for a period of one year renewable on furnishing proof of filling a return or income statement under Section 143B, under the Income Tax Ordinance,1979 for the latest preceding assessment year by the member , whether individual, firm or company alongwith TCO(Tex1-5) Returns for the month of July of the year to determine the installed capacity. However, the companies established after 30.06.1994 shall be exempt from the afore-mentioned requirement for the first renewal but such renewal would not grant them the voting right. The members who are exempt from payment of income tax or if their income falls below the taxable limit, will be allowed to produce Exemption Certificate or copy of tax coupon etc. in the lieu of filing of return of income or statement under Section 143 B of Income Tax Ordinance. A sole proprietorship form or any other company or a concern shall be eligible for the membership provided that a firm or company deals in the relevant trade of that Association. A firm or company shall not be entitled to simultaneously retain the membership of more than three different types of Association bodies as specified in Clauses (b) to (d) of Sub-Section3 of the Trade Organisations, 1961. Admission Fee The intending member shall pay Rs.50, 000.00 as Admission Fee. The total collection on account of Admission Fee shall be distributed between Principal Office and the Zones in a manner that the share of the Principal Office shall be 60% and that of the Zone concerned 40%. The member shall remit 60% to the Principal Office directly and 40% to the zone concerned. |