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48). Any vacancy caused by disqualification under the provisions of these Articles in the Executive Committee shall be filled for the remaining part of the term by the Committee in such manner as it decides.
ADMINISTRATION
49). The Administration and management of the affairs of the Chamber shall vest in:
(i). Office Bearers including Executive Committee.
COMPOSITION OF EXECUTIVE COMMITTEE
50). The Chamber shall comprise a President, Vice President an Executive Committee and the General Body. The General Body shall serve as the Electoral College for election of the Members of Executive Committee except for the seats reserved for women entrepreneurs for which the Electoral College shall be the Executive Committee.
51). The Executive Committee shall comprise of persons elected by the General Body from amongst its Members subject to the following:
(1). The Executive Committee shall comprise of at-least ten and maximum thirty Members, as determined by the General Body from time to time.
Provided that there shall be at-least fifty percent of the Members of the Executive Committee from Corporate Members.
(2). In addition to the number of Members of the Executive Committee mentioned in (1) above, two seats will be reserved for women Entrepreneurs in the Executive Committee.
(3). In addition to the seats provided in clause (1) and (2) above the immediate past president of the Chamber shall be an ex-officio member of the executive committee without voting right.
(4). In addition to the seats mentioned herein above there shall be one seat reserved for nominee of each town association affiliated with the Chamber.
52). If any seat reserved for any of the stipulate categories remains vacant, it shall not be filled with members from other category.
53). If the General Body comprises at-least fifty percent members from Associate members, there shall be rotation of office of President between the Associate and Corporate Members.
54). Where there is rotation of office of President, the President and Vice-President, shall not be from the same class of members. 55). The President, in addition to the functions and responsibilities assigned to them in the Memorandum and Articles of Association, shall be ex-officio member of the Executive Committee of the Chamber.
56). The tenure of all elected office bearers shall be one year.
57). The tenure of the Members of the Executive Committee shall be two years subject to:
a). Fifty percent of the members of the Executive Committee shall retire every year;
b). After the first election of the Executive Committee under the Trade Ordinance a draw shall made to determine the fifty percent members who shall retire after expiry of first year
58). On completion of the term, office bearers and members of the Executive Committee shall not be eligible to contest election or co-option in any representative capacity in the trade organization for the next one year
Provided that the above condition shall not apply to the office bearers and members of the Executive Committee elected under the Trade Organizations Ordinance 1961.
SUB-COMMITTEE
59). The Executive Committee shall be competent to appoint such sub-committees with such powers and duties as may be defined by the Executive Committee from time to time as deemed appropriate and nominate its Convener.
CHAIRMAN OF THE MEETINGS
60). In the case of the Executive Committee, the President or in his absence the Vice-President or in the absence of both of them any member of the Executive Committee elected for the time being by a majority of votes shall preside at the meetings of the Executive Committee. |
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