Our Oldest & ever Student

  About Children's Information

General Funds

The General Fund of the Association shall consist of the subscription from the  members, donations, borrowings etc.

They shall be deposited in account/s with Banks, institutions, Societies etc. in the name of the Association.

The accounts so opened with Bank under Article 8.2 may be operated by any two of the following, out of whom one must be Executive Secretary.

  1. Chairman
  2. General Secretary
  3. President
  4. Executive Secretary
The Executive Committee’s authorization for the purpose will be furnished to the concerned Bank/s immediately after each election.  The Executive Committee shall reserve the right to withdraw such authorization as and when felt necessary.  The Executive Secretary or member of the Executive Committee authorized by the Committee shall not keep more than Rs.500/- with him for current expenses.

OBJECTS OF WHICH THE GENERAL FUNDS CAN BE EXPANDED.

Subject to the provisions of Article 14 the General Funds of the Association shall  not be spent on any object other than the following :-
    • Meeting expenses.
    • Establishment charges.
    • Correspondences.
    • Any other purpose specifically approved by the Executive Committee provided the same is in consonance with Article 2.
    • Any purpose specifically approved in the Annual General Body Meeting or in an Extra Ordinary General Body Meeting.

Patron Member Fund

Any obeean who contributes Rs. 10,000/- or more to the association will become a Patron member.

A Patron Member automatically becomes the Life Member of OBEEA Club.

Obeeans can directly remit their contribution to the following Bank Account.
Name of the Account : Obeean Welfare Fund
Account No: 450 502 01001 2762
Name of the Bank :         Union Bank of India
                                            Chandrasekharpur
                                            Bhubaneswar, Orissa

Please note that whenever a member makes created transfer of funds to the above account, President / Secretary OBA should be intimated.

Obeean Welfare Fund

The fund has been recently created to provide financial assistance to the poor and needy cadets. The Executive Committee is authorized to take all decisions regarding extending financial assistance to eligible applicants.

Obeeans can directly remit their contribution to the following Bank Account.
Name of the Account : Obeean Welfare Fund
Account No: 450 502 01001 2761
Name of the Bank :         Union Bank of India
                                            Chandrasekharpur
                                            Bhubaneswar, Orissa

Please note that whenever a member makes created transfer of funds to the above account, President / Secretary OBA should be intimated.

Intimated:
Mail ID:
ssboba@yahoogroups.com
pritish_basa@yahoo.co.in