24th June 2022 

To All Members, 

Sub: Extra Ordinary General Meeting (EGM) on 18th July 2022 at 1030 hours at The Park Hotel, New Delhi 

Dear Colleagues, 

Extra Ordinary General Meeting (EGM) will be held on 18th July 2022 at 1030 hours at The Park Hotel, New Delhi for amendment in IATO Memorandum of Association and Rules and Regulations. 

  • The amendment in IATO Memorandum of Association and Rules & Regulations are being made as per section 12 and 12 A of the Societies Registration Act 1860. It is not out of place to mention that the last amendments were made on 26 June 1996. Keeping in view the change in business practices, legal scenario and above all to keep with the present trend, amendments are necessary in the IATO Memorandum of Association/Rules & Regulations.  
  • It is clarified that till the proposed amendments are approved, the proceedings shall be governed by the existing IATO Memorandum of Association, Rules & Regulations.  The quorum of an Extra-Ordinary General Meeting shall be one third of the total number of active members of the Association. If an Extra-Ordinary General Meeting cannot proceed with the business due to lack of quorum it shall automatically be postponed to reconvene within 30 minutes of the adjournment and at the adjourned Extra-Ordinary General Meeting, the members present shall form the quorum”. 
  • The proposed amendments would be sent to the members 10 days before the Extra-Ordinary Meeting i.e. before 8th July 2022.  
  • Amendments in Memorandum of Association and Rules & Regulations and shall be passed by 3/5 of the active members present. 
  • All our members are requested to attend the EGM at The Park Hotel New Delhi. In case of outstation members who are not able to attend, they may send their observations on the Draft of the amended Memorandum of Association and Rules & Regulations, if any,  by 13th July 2022 on email id  admin@iato.in and  iato@airtelmail.in   after the draft of amended MoA is sent to the members on or before 8th July 2022. 
  • Appropriate opportunities have been granted and inputs were sought from the active members for amendments vide our circular on 17th March 2021 and we have tried to incorporate all those suggestions, which are possible and within the ambit of IATO Memorandum of Association and Rules and Regulations and have been vetted by our legal advisor and being finalized now for circulation to the members in couple of days. 

Please note the following: -

 

·         Only one person from each organization, who is the authorized representative of their company in IATO can participate in the proceedings of the EGM.

 ·         Members who have not paid their annual subscription for the financial year 2020-21 are not eligible to participate in the proceedings of the EGM and hence are not invited to attend. 

·         The proposed amendments shall come into effect being prospective in nature, from the date of approval by the EGM. 

Please send your confirmation of attending the EGM by 14th July 2022, in order for us to make logistic arrangements.  

Thanking you and with best regards, 

Sincerely, 

 

Rajnish Kaistha

Hony. Secretary