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There are eight classes of members of the club viz. 1) Donor, 2) Life, 3) Permanent, 4) Senior, 5) Corporate Member 6) Temporary, 7) Honorary, and 8) Associate. All categories of members, except Senior Members, shall be elected by the Executive Committee.
Club Members
 

 
 
Type of Membership
No of Members
Available
Memebership fees in Tk.
 Donor
 165
 35
1,000,000 
 Life
 100
 Nil
750,000
 Permanent
 600
 Nil
 537,000
 Senior
 n/a
 n/a
 Nil
 Corporate Member
  
 n/a
 25,000 / Year 
 Temporary
 38
  
 
 Honorary
  
 n/a
25,000 / Year 
Associates
    
     
       
Donar, Life and Permanent Members- Rights  

Only Donor, Life and Permanent Members of the Club shall be members of the Company and only members of the company shall enjoy the rights of voting at meetings of proposing, seconding or balloting for members, of serving on the Executive Committee and of introducing guests.

Members of the Company shall consist of :-
All persons who are Donor, Life and Permanent Members of the Club and who have not subsequently ceased to be members or who have been readmitted.

After scrutiny of “Bio-Data” of a candidate, if the Membership Sub-Committee considers appropriate, it will issue prescribed application form to the candidate. Each applicant for Donor/ Life/ Permanent/Corporate and Temporary Membership of the Club must be proposed by either a Donor or Life or Permanent Member and seconded by a Donor/ Life/ Permanent Member of the Club. Membership applications must be submitted with the prescribed membership fees.

On receipt of application duly filled and signed by the candidate and his proposer and seconder, the Executive Committee shall call the candidate for interview, accompanied by his proposer and seconder. Applicants for Donor, Corporate and Life Membership, if found suitable, may be granted Membership with immediate effect. Applicants for Permanent Membership, if found suitable, shall be granted “USE CLUB” permission for a period of not less than six months. On expiry of the “USE CLUB” period, his application for Permanent Membership shall be put up for election by the Executive Committee and if found suitable he will be elected as Permanent Member. A “USE CLUB” Membership may be terminated by the Executive Committee at any time without showing any reason.

Every candidate for election as a Donor, Life, Permanent and Temporary Member of the Club shall be proposed by one and seconded by another Donor, Life or Permanent Member, not being the President or Member of the Executive Committee in a proposal form addressed to the Secretary. Proposal for admission to the club as a Donor, Life and Permanent member shall be made in the Prescribed form appended to these Articles. The form shall be signed by the proposer and shall state the full name of the candidate and his rank, profession, business or occupation. Such other information as may be required by the Executive Committee shall be supplied by the proposer and seconded.

The meetings of the Executive Committee shall be held at least once a month.


Six members of the Executive Committee personally present shall constitute a quorum for the purpose of election of the members.

Proxy votes shall not be allowed.

Unless six members of the Executive Committee vote, the ballot shall be void.

The Executive Committee may postpone consideration of any application for membership for a period, not exceeding three months, provided there is vacancy.

The ballot shall be secret. The result of the ballot shall be published, but no details shall be disclosed.

Regardless of the number of votes recorded, if the number of negative votes be three or more the candidate shall be declared not elected.

If a candidate is not elected, he shall not be put up again for one year.

Notwithstanding anything elsewhere contained in the Articles, the proposer and seconder of a Permanent Member shall be jointly and severally liable for six months from the date of his election for the sums that may be come due from him to the Club.

Senior Member

Any Donor/Life/Permanent member who has either reached the age of 60 years or had been a member of Gulshan Club Limited for at least a period of 15 years, may opt to become a Senior Member of the club. A Senior Member of the club shall enjoy all the rights and privileges of a member but shall not be required to pay monthly subscription of the club. He shall not enjoy voting right in any club election and also shall not be eligible to hold any office in the Executive Committee. A member may surrender his membership in favour of his son/daughter only and become a Senior member. He may not opt to become a Senior member if the Executive Committee does not find his nominee acceptable as a member of the club. A Senior member’s son/daughter/spouse may opt for any class of membership, if available. However, if a member opts to become a Senior member irrespective of his nominee’s acceptance or rejection by the Executive Committee, such vacancy shall be filled up from amongst the members’ children who are eligible.


Corporate Member  

Application for Corporate Membership may be submitted in prescribed form as annexed.


Organizations eligible for Corporate Membership are Private and Public Limited Companies including Financial Institutions, Local and Foreign Banks, Insurance Companies, Multinational and Foreign Companies with a paid up capital of at least Tk. 10 million.

To total number of Corporate Members shall be limited to 50 at a given time.

A Corporate Member shall enjoy all the privileges of a Permanent Member except the right of voting at a meeting, proposing, seconding for membership and of serving on the Executive Committee.


A Corporate Member shall be entitled to nominate at a time two persons on payment of Corporate Membership fee of Tk. 12,00,000/- or for three persons for Tk. 15,00,000/- from amongst its Chairman/ Managing Director/Director and Senior most Executive to use the facilities/amenities of the Club.



Nominations shall be in writing by the Chief Executive of the Company and for a minimum period of one year, but nomination for a shorter period or substitution during continuance of nomination of a particular member (s) the Company shall have to pay Tk. 5,000/- for each such nominee as service charges.

A Corporate Member shall not nominate one who has been debarred from the membership of the Club.

A Corporate Member shall be liable for any dues/debts owed to the Club by its nominees.








A Corporate Member shall cease to be a member of the Club on any one of the following events:

On going in to liquidation either voluntarily or otherwise.


On amalgamation or merger with any other Company or Corporate Body resulting in a total
change in the Corporate Structure.

On non-payment of its dues to the Club.


On refusal to forthwith comply with a request/direction to withdraw/change any/all of its nominee (s) either temporarily or permanently, pursuant to a proceeding under Articles 34/35 or otherwise.
Temporary Members- Rights  

Temporary Members shall enjoy all the privileges of a Permanent Member, except the rights of voting at meetings of proposing, seconding for members, of serving in the Executive Committee. They shall further be subjected to such restrictions as may, from time to time not inconsistent with these Articles, be prescribed for them by the Executive Committee. A person not permanently residing in Bangladesh may be made a Temporary Member by the Executive Committee for any period, not exceeding two years, on being duly proposed by one and seconded by another Donor/Life/Permanent Member. The proposer and seconder shall remain liable for all expenses incurred by him in the club. Temporary membership may be extended by a further period of two years.

A Temporary Member shall be elected by the Executive Committee. The provisions for the election of a Permanent Member shall apply to the election of a Temporary Member.

An application for Temporary Membership shall not be put up for election meeting unless a minimum period of three months has elapsed after permission has been granted to him to use the club facilities. Such permission shall be granted after the Executive Committee has found him suitable.

A Temporary Member shall cease to be a member on the expiry of the period for which he was admitted, unless that period has been extended. The Executive Committee may at any time, without assigning any reason, terminate the membership of any Temporary Member, notwithstanding the fact that the period for which he was admitted has not yet expired.

Honorary Member- Rights
An Honorary Member shall enjoy all the privileges of a Permanent Member, except the rights of voting at meeting proposing, seconding for membership and of serving on the Executive Committee. The Executive Committee may invite any distinguished person to become an Honorary Member of the Club.

The Executive Committee may admit as an Honorary Member, on such terms and for such period as they think fit, any person in whose case they feel that special circumstances exist justifying the use of this Article.

If an Honorary Member is elected for a definite period, her/his membership shall cease on the expiry of that period, unless it is extended. The Executive Committee may, at any time without assigning any cause, terminate the membership of any Honorary Member not withstanding that fact that the period for which he was admitted has not yet expired.

The total number of Honorary Members, excluding foreign diplomats, shall not exceed 40 at any one time.
Associate Member
Any Donor/Life/Permanent member who has either reached the age of 60 years or had been a member of Gulshan Club Limited for at least a period of 15 years, may opt to become a Senior Member of the club. A Senior Member of the club shall enjoy all the rights and privileges of a member but shall not be required to pay monthly subscription of the club. He shall not enjoy voting right in any club election and also shall not be eligible to hold any office in the Executive Committee. A member may surrender his membership in favour of his son/daughter only and become a Senior member. He may not opt to become a Senior member if the Executive Committee does not find his nominee acceptable as a member of the club. A Senior member’s son/daughter/spouse may opt for any class of membership, if available. However, if a member opts to become a Senior member irrespective of his nominee’s acceptance or rejection by the Executive Committee, such vacancy shall be filled up from amongst the members’ children who are eligible.
Gulshan Club Ltd.