Council[and the Bar Council of India at the ratio of 80:20 as envisaged under rule 41] and mterest to be used for the purpose of this rule.
2[Out of life time payment, 80% of the amount will be retained by the State Bar Council in a fixed deposit and remaining 20% has to be transferred to the Bar Council of India. The Bar council of India .and State Bar Council have to keep the same in a fixed deposit and the interest on the said deposits shall alone be utilised for the welfare of the Advocates.]
Explanation 1 : Statement of particulars as required by rule 40 in the form set out shall require to be submitted only once in three years.
Explanation 2 : All.Advocates who are in actual practice and are not drawing salary of not m f.ull hme service and not drawing salary from their respective employers are only required to pay the amount referred to in this rule.
Explanation 3 : This rule will be effective from 1-8-2001 and for period prior to this Advocates will continue to be covered by old Rule.] ,
41. (1) All the sums so collected by the State Bar Council in accordance with Rule 40 shall be credited in a separate fund known as "Bar Council of India Advocates Welfare Fund" and shall be depQ,
(2) The Bar Council of India Advocates Welfare Fund Committee for the State shall remit 20% of .the total amount collected and credited to its account, to the Bar Council of India by the end of every month which shall be credited by the Bar Council of India and the Bar Council of India shall deposit the said amount in a separate fund to be known as "BAR COUNCIL OF ll\{DIA ADVOCATES WELFARE FUND". This fund shall be managed by the Welfare Committee of the Bar Council of India in the manner prescribed from time to time by the Bar Council of India for the Welfare of the Advocates.
(3) The rest 80% of the total sum so collected by the Bar Council of India Advocates Welfare Fund Committee for the State under Rule 41(1) shall be utilised for the welfare of Advocates in respect of Welfare Schemes sponsored by respective State Bar Councils and this fund shall be administered by the Advocates Welfare Committee for the State which shall submit its report annually to the Bar Council of India.
(4) In case of transfer of an Advocate from one State Bar Council to other State Bar Council, 80% of the total sum collected so far in respect of that Advocate by the Bar Council of India Advocates Welfare Committee for the State under Rule 41(1) where the said Advocate was originally enrolled, would get transferred to the Advocates Welfare Fund Committee of the Bar Council of India for the State to which the said Advocate has got himself transferred.
42. If any Advocate fails to pay the aforesaid sum within the prescribed time as provided under rule 40, the Secretary of the State Bar Council shall issue to him a notice to show cause within a month why his right to practice be not suspended. In case the Advocate pays the amount together with late fee of Rs. 5/- per month, or a part of a month subject to a maximum of Rs. 30/- within the period specified in notice, the proceedings shall be dropped. If the Advocate does not pay the amount or fails to show sufficient cause, a Committee of three members constituted by the State Bar Council in this behalf may pass an order suspending the right of the Advocate to practice:

1. Inserted vide Resolution 93/2001, w.e.f. 5-1-2002
2. Inserted vide Resolution No. 92/2001, dt. 5-1-2002.