Classes of Memberships

The membership of the IBPC shall be classified as Corporate, Associate, Honorary, Discretionary, Group and Life. The acceptability of any application or termination of any membership or a change in the classification of membership shall be finally determined by the Chairman or Secretary considering the approval of the Executive Council by consensus.

Every application for membership shall be by appropriate application procedure approved by the Membership Council. The application shall state the category in which the applicant is seeking membership, the basis for qualification in that category and such other information as may be requested by the Membership Council.

Every member (except honorary members and the life members) shall pay an annual membership fee as determined by the Executive Council. The annual fee shall be due in respect of the financial year i.e. 1st January to 31st December each year and shall be payable in lump sum in advance. No refund of the annual membership fee will be made if a member resigns or his/her membership is cancelled by the Executive Council Membership will be deemed to be suspended if the annual fee is not paid by 31st March and deemed to have lapsed if the annual fee is not paid by 30th June.

CORPORATE MEMBERSHIP

Membership in this category shall be open to Pakistani companies and professional organisations where Pakistani national are partner or shareholders in any country outside of Pakistan. Provided that the Membership Council is satisfied of the bonafide of the business relationship with established business organization in that country where this company is registered

ASSOCIATE MEMBERSHIP

Individuals and businesses, who wish to support the objectives of the IBPC, are eligible for Associate membership. Membership in this category shall be open to Pakistani Businessmen and Professionals who are working or residing overseas and do not qualify for Corporate Membership. Provided that such individuals holding Professional or Post Graduate Degree and/or are well reputed and recognised.

HONORARY LIFE MEMBERSHIP

Honorary Life Membership shall be granted by a majority vote of the Executive Council or by Chairman to:
1-An active member who has reached 55 years of age or has had to retire due to disability.
2-An individual who has rendered outstanding service in the development or advancement of the corporation.

DISCRETIONARY MEMBERSHIP – INDIVIDUAL/INSTITUTIONS

Membership in this category shall be awarded to Nationals of any other Country and any company or other institutions with the approval of the Executive Council by majority vote,

MEMBERSHIP OF BUSINESS ORGANISATIONS AND PROFESSIONAL FORUMS

All Pakistani business organisations and professional forums presently existing in the world and those which may come up in future may be given group membership and, on the terms, and conditions to be approved by the Executive Council.

FOUNDING MEMBERS

Signatories to the Constitution for establishment of IBPC would be founding members who shall be members for life. The rights of founding members shall be those of individual members of Executive Council. Founder Chairman would have right of Veto on any matter during his life.

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