Non profit organisations, representing financial, industrial, commercial and shipping and shippers interest

Financial, industrial, commercial, shipping, and shipper organisations, representative of the interest they embrace and not conducted for individual profit or partisan purposes, shall be eligible for Organisation Membership of the ICC India.

Subscription payable by an Organisation Member shall be for the financial year ending 31st March and shall be on the basis of the gross annual income (i.e. total of all receipts calculated in the following manner) :

Subscription

The gross annual income of an Organisation Member in any financial year shall be ascertained from the audited Balance Sheet and Profit and Loss Account or Income and Expenditure Accout of the Organisation Member for its accounting year ending not later than 30th September of the previous financial year. Each Organisation member shall submit to ICC India copies of such Balance Sheet and Profit and Loss Account or Income and Expenditure Account. If the above accounts have not been forwarded, the subscription shall be calculated on the basis of last account furnished by them. The subscription for the relevant year shall be revised on the basis of the account of the relevant previous year when furnished.

Subcription shall become due and payable on the 1st April in each year in respect of the ensuing period of twelve months, provided that a member admitted to the membership as from 1st October shall pay 50 per cent of the annual subscription in respect of the year.

An Admisssion fee of Rs. 1000/- shall be charged to all Corporate Members and Organisation Members seeking membership of ICC India.