I) Any person paying the applicable & prevailing fees from time to time in one lump sum shall be deemed to be a Life Member, after the application is approved by the Managing Committee.
II) Any Ordinary member at the discretion of the Managing committee may be permitted to convert his membership to Life membership by further additional payment of 50% of prevailing fees of Life member after a period of 10 years or by additional payment of 30% of the prevailing Life membership fees after a continuous period of 20 years