Membership Criteria

• 1

  The application can be considered only of those Builders & Developers engaged in the business of Construction of Real Estate in the State of Goa. The Builder should complete minimum numbers of project as required by the CREDAI GOA and seems to fall in line to observe the code of conduct of the Association. However if someone is from city other than Goa, his application for membership can be considered only if he is member of CREDAI of any other City. The application for membership shall be in the prescribed form available in the CREDAI- Office.
• 2

  The application shall be proposed by any member of CREDAI-Goa and the proposer should have nil dues. The application shall be accompanied by the following documents:

  • Completion certificate of the project.
  • Commencement certificates of the ongoing projects.
  • Copy of documents related to registration of the firm and constitution of the firm/company.
  • Copy of PAN card of firm and the Partners/Directors.
  • In respect of firms out of Goa needs to furnish copy of valid membership certificate of CREDAI.
  • Any Proprietary concern/firm/company or body corporate applying for the Membership should submit letter/resolution indicating the name of the authorized person.
  • Cheque for entrance fee and the Annual Subscription at the prevailing rates.
• 3

  New application received for enrolment of membership shall be scrutinized by the President and the core Executive Committee Members. After the scrutiny the details will be circulated as a part of the Agenda. In the Meeting.
• 4

  The Managing Committee has absolute and uncontrolled discretion either to accept or to reject the said application. The Committee shall not be bound to give any reason for such rejection. If the application is rejected, the office will intimate the rejection thereof to the applicant and refund the sum paid by him.
• 5

  If the application is accepted by the Managing Committee the acceptance will be informed to the applicant in writing and accordingly he will be enrolled in the Membership register. The Office shall also furnish to the applicant with a copy of the Code of Conduct, CREDAI-Goa logo. The use of CREDAI-Goa logo is compulsory in all the publicity and advertising material of the Member. It is obligatory on the part of all the members to follow all the Rule & Regulations, Code of Conduct, Code of Practices, strictly in the interest of the Business of the Association.
• 6

  In case of the following the members should inform the Managing Committee whereby the records of the records of the Association will be changed accordingly in the following circumstances

  • If there is the change in the name of the member firm, wherein constitution of the firm as well as the registration no. ( of Registrar of Firms) remains the same
  • There is a change in the constitution of the member firm, wherein the name as well as the Registration no. (of Registrar of Firms) remains the same.
  • There is a change in the constitution i.e. Partnership to Pvt. Ltd. Co. / Public Ltd. Co. or Proprietary & vice-verse then each of this case, if the original firm is dissolved, and in that place if the new organization as mentioned has came in existence.

Note:

In the above circumstances, it will not be treated as new membership but the same old membership will continue with the necessary modifications in the records of the Association.