Classification Of Members

The CFBP classifies its members in different categories so as to identify them more conveniently and readily.

A. Special Members

A Public or Private Limited Company or Public Sector Undertaking or Corporation or a Firm or an Individual can subscribe:

i. Patron Member - By paying a subscription of ₹. 10,00,000 lakhs in one instalment or by paying an initial payment of ₹. 8,00,000 and the balance in two annual instalment s of ₹. 1,00,000 each

ii. Benefactor Member - By paying a subscription of ₹. 5,00,000 in one instalment or by paying an initial payment of ₹. 3,00,000 and the balance in four installments of ₹. 50,000 each

iii. Donor Member - By paying a subscription of ₹. 3,00,000 in one instalment or by paying an initial payment of ₹. 2,00,000 and the balance in two installments of ₹. 50,000 each.

All special members shall enjoy the rights and privileges of the members, and also on request are entitled to receive free additonal copies (up to 25 in number) of the Council's publications, Newsletters and other literature.

B. Ordinary Members and/or Life Members

i. Public Limited Companies including Public Sector Undertakings and Corporations established under special status.

ii. Private Limited Companies and/or Co-operative Societies which includes Consumers and Producers.

iii. Business and Professional Firms, Trade Associations and Chambers of Commerce and Individuals.

C. Association Members

Any Chamber of Commerce, Business or Trade Association and/or other Commercial body can be enrolled as an Association Member if the CFBP sees and considers them capable of furthering its general objectives. These Association Members will be entitled to all the privileges of membership.

D. Honorary Members

Any individual who has made an outstanding contribution in the business world and/or in public life that generally upholds and fulfils the objectives of the CFBP may be invited by the Executive Committee to be enrolled as an Honorary Member. All Honorary Members will be entitled to all rights and privileges of membership for life.

E. Association Members
₹. 15,000/-
Explanation : An association membership shall terminate on the expiration of a period of fifteen years or on the winding-up, dissolution, liquidation of the entity, whichever is earlier unless renewed in accordance with the terms and conditions of renewal existing at that time.

F. Long Term Members
Any individual, business or professional firm or a partnership firm, private limited company or public limited company including a public sector undertaking or a co-operative society:
₹ 25,000/-
Explanation : A long-term membership shall terminate on the expiration of a period of ten years or on the winding-up, dissolution, liquidation of the entity, whichever is earlier unless renewed in accordance with the terms and conditions of renewal existing at that time.

G. Life Members
Any individual, business or professional firm or a partnership firm, private limited company or public limited company including a public sector undertaking or a co-operative society:
₹. 50,000/-
Explanation : A life membership shall terminate on the death of the individual or in case of any other entity on the expiration of a period of forty years or the winding-up, dissolution, liquidation of that entity, whichever is earlier unless renewed in accordance with the terms and conditions of renewal existing at that time.

+GST Applicable to all Members