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Utilisation: The General Corpus shall be utilised in the manner described below.

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Constitution: The institute shall have a general fund consisting of;

Contributions or grants in aid which may be made by any govt. or other funding agency to the general fund towards general maintenance of the institute,

General administrative charges on projects and schemes undertaken or services rendered by the institute,

All proceeds of the disposal of movable property of the institute,

All rents accruing from any property of the institute, etc.

Consultancy fees and other service charges made in lieu of consultancy or other services rendered.

Utilisation: The General Fund shall be utilised in the manner described below.

The General Fund shall be operated by the Director, in consultation with the finance officer, for furtherance of the objects of the institute, subject to these rules and in accordance with prescribed procedure, if any.

The Director may, in consultation with the finance officer, delegate the operation of all or some of the general fund accounts singly or jointly to any officer(s) of the institute including the finance officer, and subject to such conditions as may be laid down by him or may otherwise be prescribed.

The finance officer shall be the custodian of all records pertaining to the general fund.

Constitution: The institute shall have such other earmarked,special or project linked funds of permanent or temporary nature as the Executive Council may determine.

Without prejudice to the general provisions above, the director in consultation with the finance officer, may authorise operation of a temporary fund in connection with administration of any specific project or scheme undertaken by the institute, the duration of which is not more than one year.

Utilisation:The manner of utilisation and operation of funds established or created under this rule shall be as laid down by the authority or office bearer who authorised it's establishment.

All funds of the institute shall be spent only to the attainment of the object of the society and no portion there of shall be paid or transfered directly or indirectly to any of the members through any means except;

Payement of allowences to compensate expenditure incidental to performance of duties, responsibilities or work pertaining to the affairs of the institute,

For payment of pay and allowances and other benefits payable to any person purely towards his employment.

The institute, in the event of recognition under section 80G or any other relevant provision of the income tax act, meant to provide tax benefits or concessions in respect of any contribution or donation made to the institute, shall invest their funds, if any, in accordance with provisions of section 11(5) or any other relevant provision, of the income tax act 1961.

The Executive Council may, from time to time, with the previous sanction of the Board of Governors, subject to the provisions of these rules, and to such conditions as may be prescribed, borrow any sum required for achievement of the objects.

The maximum amount which the Executive council may at any time raise as loan under this rule shall be one crore rupees unless the Board of Governors by specific resolution fix higher amount.

The Director shall, in consultation with the finance officer, prepare a financial estimate, in such form as may be prescribed, for the ensuing financial year for consideration by the Executive Council.

The Finance officer shall cause proper accounts and relevant records to be kept, including proper system of internal check and prepare an annual statement of accounts, including the income and expenditure account and the balance sheet in such form as may be prescribed.

The accounts of the institute shall be audited by such persons as may be appointed by the Executive Council.

The person so appointed and any other person authorised by him in connection with the audit of the accounts of the institute shall have the right to demand production of books, accounts, connected vouchers and other documents and papers, and to inspect any of the offices or departments of the institute.

The accounts of the institute certified by the person so appointed or any other person authorised by him in this behalf together with the audited report thereon shall be placed before the General Body and shall also be forwarded to the Board of Governors. The observations of the General Body on the annual accounts and the audited report of the institute shall ordinarily be given effect to.

The observations of the General Body and the action taken there on shall be reported to the Board of Governors who may issue such instructions as deemed fit. The instructions of the Board of Governors shall be complied.

The board of governors may cause the accounts of the institute together with the audit report thereon forwarded to them under section to be laid annually before the governing council.

The annual subscription for Membership shall be Rs.100 or such greater sum as the member may willingly subscribe. A member may, at any time, become a life member by making a lumpsum payment equal to ten times the amount of annual subscription.

Provided that no subscription or fee of membership need be paid by the honorary members.

The annual subscription payable by Institutional Members shall be as follows :

A corporate Member may, at any time, compound its liability to pay annual subscription for twenty years by making a lump-sum payment equal to ten times the amount of annual subscription.

The annual subscription for Associate Membership shall be Rs.30. An associate member may, at any time, become a life associate member by making a lumpsum payment equal to ten times the amount of annual subscription. Provided that in case of a life associate member, admitted as a member, the fee paid for life associate membership shall be set off against the amount payable for life membership, and the difference collected.

Members who pay a donation of not less than Rs.50,000 shall be called `Donor' Members.Institutional members who pay a donation of not less than rupees ten lakhs shall be called Donor Institutions.

The annual subscription shall be payable in advance at the commencement of the Calendar year.

Members admitted after the commencement of the calendar year shall pay subscriptions based on the number of residuary quarters of the year.

Admission fee shall be collected from all new members at the rate of 10% of the membership fee applicable to the concerned.

The admission of a member shall not be effective until the annual subscription and the entrance fee, if any, payable by him for such admission shall have been paid.

No member shall be entitled to any rights or privileges of membership until all his dues are fully paid.

The name of any member whose subscription falls in arrears for more than two years shall be removed from the roll of respective members of the Institute unless the concerned authority decides otherwise.

The name of a member removed from the respective roll of members of the institute may be restored thereto only on payment of such sum as the concerned authority may determine in each case.