Constitution

Constitution - Article XII: Auditor

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Article Index
Constitution
Article III: Membership
Article VII: Office Bearers
Article XI: Powers & Duties of the Office Bearers
Article XII: Auditor
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Article XII: Auditor

The funds of the LAAS shall be audited once every Two (2) years by a qualified auditor appointed by the Executive Committee or by the General Body


Article XIII: Operation of Bank Account

The LAAS will transact with the STATE BANK OF INDIA, MALKI BRANCH, under the bank account NO. SB/30001317072 The President, Chief Patron & Treasurer of LAAS are empowered to operating the Bank account on behalf of LAAS, with due advice by the Executive Committee or the General Body as and when the need arises.


The General Secretary will sanction the require amount in writing to the Treasurer, who will then write the required cheque with the necessary signatories.


Article XIV: Power to Sue & to be Sued

The LAAS shall sue or be sued in the name of the President or the General Secretary or any office bearer duly appointed by the executive committee or the general body on that behalf


Article XV: Dissolution of the Association

If upon the dissolution of LAAS, there shall remain, after the satisfaction of all, its debts, liabilities and property whatsoever the same shall not be paid or distributed among the members of the LAAS or to any of them but shall be donated to the LORETO INSTITUTION, to be determined by the votes of not less of 1/3rd majority of the members present personally in the general meeting.


Article XVI: Functioning of Branch Committees

The Executive Committee, LAAS will have the power to create sub-committees temporally as and when the need arises. These committees will function only on short term basis following which they are to be dissolved until reconstituted. These committees will be presided over either by the President, Vice President, General Secretary, Press Secretary, Event Manager, Coordination secretary or Core Members of LAAS.


Article XVI: Amendment of the Consititution

Amendment of any part/ clause/clauses of the Constitution shall be adopted by a special resolution to be undertaken by the following stated procedure. It shall be affected by at least 3/4th of the total members present of LAAS at a general body meeting specifically convened for the same purpose.