(PS: FDPPI has now received GST Registration. In future all prices will stand revised to add the applicable GST)
FDPPI is an organization of the Data Protection Professionals in India. Any professional who is an individual or an organization or an Educational Institution or even a Government Institution who has a stake in “Data” can be part of this movement.
FDPPI has been structured as a “Limited Company” but it does not have equity shares. Liability of the members of the Company is limited by “Guarantee”.
The guarantee obligation means that in the event of liquidation of the Company and at that time, if the assets of the company fall short of the liabilities, then the members will contribute proportionately to the discharge of the liability subject to a limit prescribed in the membership. This limit is presently Rs 10000/-.
The guarantee obligation is a “Contingent liability”. In contrast, in a share capital, the member contributes or agrees to contribute in cash to the value of shares subscribed by him and is obligated to pay uncalled part of the share capital at the time of liquidation.
Share capital is towards ownership and sharing of profits and is not related to membership of any service. In contrast, Section 8 company is not entitled to distribution of shares. As a Company limited by guarantee, FDPPI has no share capital. The guarantee obligation is only a contingent liability. However, the services of the company are available on payment of the membership fee in different categories as explained below.
Basic membership eligible for free attendance of webinars and other services at reduced prices would be available at a one time fee of Rs 4000/-. This class of membership may be bundled along with the certification programs. This membership does not have voting rights.
Foundation members pay a one time fee of Rs 6000. They will be eligible for all basic member services and to participate in the management of the chapter activities as members of the Governing council and to cast their votes for election of the Governing council members. Foundation members are required to commit themselves to the guarantee obligation as per the provisions of the Article to the extent of Rs 10,000/- . At present, admission of members to this category has been restricted since FDPPI being a private limited company can only admit 200 members.
Supporting Members pay a one time fee of Rs 15000/-and besides the other membership benefits will be eligible to plan and execute revenue sharing projects with FDPPI on a case to case approval by the Board.
Supporting members who execute the guarantee obligation as per the Articles of Association shall be eligible to vote.
Corporate Membership in which an organization (Company, Society, Trust or any other Association of Members) becomes a member is considered as an “Aggregate Membership of the members of the organization” with the Organization as a legal entity being the lead member.
The Corporate Membership is provided in the name of an organization with a permission to designate individual members to the FDPPI activities. The minimum membership donation for Corporate category is Rs 18,000/-. This is considered as an aggregate membership of 3 employees. For every additional payment of Rs 6000/- one additional members may be designated.
The Corporate members who execute the guarantee obligation as per the Articles of Association shall be eligible to vote.
Educational Institution Membership
In order to encourage student membership, Educational institutions can become institutional members setting up student Chapters. Details may be obtained from Dr Mahendra Limaye, the Student Chapter Coordinator of FDPPI.
Subscribers located outside India may become members under the category of “International Members”. The participation donation is US $ 100/- Such members can only participate as Foundation Members.
Members who execute the guarantee obligation as per the Articles of Association shall be eligible to vote.
Request membership form by email: email@example.com