CONSTITUTION OF THE INDIAN ACADEMY OF YOGA
1. Name of the Society
The Indian Academy of Yoga
2. Address
The Indian Academy of Yoga
Malviya Bhawan
Banaras Hindu University
Varanasi – 221005, India
3. Area of Operation
Throughout the Territory of India
4. Amendment to the Rules of the Society and Procedure
The Executive Committee shall frame the rules of the Society and suggest amendments from time to time, but place the rules so framed or amended there to before the next General Body Meeting for approval.
5. Funds of the Society
Account in State Bank of India, B.H.U. Branch is operated by any two out of three namely, President, Secretary General and Treasurer of the Indian Academy of Yoga.
6. Auditing of the Accounts and Budget of the Society
The accounts of the Academy shall be audited by a competent person appointed by the Executive Committee from time to time.
7. Legal proceedings to be taken by or Against the Society
The Secretary of the Academy shall have the right to represent the Academy in all legal proceedings concerning it.
8. Society Documents
Membership Register, Minutes Register, Cash Receipt Book, Receipts etc will be maintained.
9. Dissolution
Upon the winding up or dissolution of the Academy, any property or assets that remain after clearing all debts and liabilities shall not be paid or distributed among the members of the Academy, but shall be given or transferred to so other registered, non-profit making Learned Society having objectives similar to those of the Academy, as decided by special resolution of the Executive Committee at or before the time of dissolution and in default thereof by such judge or other legal authority as any have or acquire jurisdiction in the matter, Societies registration Act 13 and 14.