AGM2009 : Rule 4(c)(i)
(i) The Corporate Member shall be a body incorporated under the Indian Law. The Subscription for Corporate membership shall be Rs. 3,00,000/- (Rupees Three Lacs only) for a period of 10 years. They Shall be entitled to nominate two persons as members. The application for Corporate Life Membership shall be considered by the Managing Committee. The membership subscription shall be credited to the Corpus Fund.
(ii) Corporate Membership shall be accorded to such corporate bodies acceptable to the Managing Committee. The nomination of members of such corporate bodies shall be subject to the approval of the Managing Committee.
(iii) They shall have the privilege of borrowing books new and old and periodicals available to the Resident Members. The nominee members shall not be entitled to any other rights, privileges and facilities available to Resident Life Members and other categories of members.
(iv) The members of such corporate body would be continued as long as it maintains its independent identity as entered in the Memorandum of Association.