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Tuesday, June 21, 2011

ANNUAL MEMBERSHIP FEE 2011-12 : IMPOSITION OF SPECIAL LEVY

ANNUAL MEMBERSHIP FEE 2011-12 : IMPOSITION OF SPECIAL LEVY

Dear Sirs,

As per resolution of the Extraordinary General Body Meeting held on 4th April 2011 an additional Annual Special Levy particularly for Principal Office has been imposed at the rate of Rs.1/- per installed Spindle, Rs.10/- per installed Rotor, Rs.32/- per installed Conventional Loom, Rs.128/-per installed Shuttleless / Airjet Loom and Rs.0.10 per square meter for Processing Units. The revised / enhanced fee structure will be effective from the Year 2011-12, as per the following rates:

#

Description

ANNUAL RATE (RS.)

Spindle

Rotor

Conventional

Loom

Shuttle-less / Air-jet Loom

Processing

Units/sqm

1

Annual Subscription

1.00

10.00

32.00

128.00

0.10

2

Special Levy

1.00

10.00

32.00

128.00

0.10

3

Research & Develop.

0.50

5.00

12.50

52.00

0.10

4

Public Relations

0.50

5.00

12.50

52.00

0.10

Total

3.00

30.00

89.00

360.00

0.40

The maximum limit / capping of Annual Membership Fee shall be Rs.300,000/-, whereas the Admission Fee for new membership of APTMA shall be Rs.50,000/-.

The amount of enhanced / additional special levy for the Year 2011-12 shall be treated mandatory as APTMA dues and recoverable from the existing members as arrears upto 30th June 2011. In case of default in payment, the name of concerned member mills will not be included in the Final List of Voters to be issued for the purpose of Annual Election of APTMA 2011-12.

You are requested to please make payment of the additional / enhanced amount of Membership Fee for the Year 2011-12 imposed on account of Annual Special Levy for Principal Office within due date of upto 30th June 2011 positively.

This circular shall be the part and parcel of APTMA Circular No.PO/COO/185/1597 issued on dated 25th February 2011 to the membership.

Best regards,

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