Functions

image 10

VED MATA GAYATRI BAIJANTRI SHAKTI PEETH TRUST

Trustees shall preserve, generate and maintain adequate fund for construction and maintenance of Gayatri complex and fulfilling objectives of the trust to the best of their ability.

At first the trustees shall construct temple/pucca structure /building upon the land donated by the settlers and after its completion shall install statues of Sri Ganesh, Mother Gayatri, Lord Shiva goddess Durga and Bajrangbali.

After aforesaid installation of the god and goddess the trustees shall arrange worshipper, flowerman and other persons for maintaining and cleaning the aforesaid place for worship who all shall daily do puja path , Bhoj-Baivedya etc. whose remuneration/ honorarium/ lodging shall be decided and be paid by trust. One of the trustees or person / person on his behalf may also be authorized or voluntarily doing the above work.

If any one more of the objects specified here in after of these presents have/ Had not to be objects of a public, charitable nature the trustees shall not incorporated in these presence as a trust for public charitable purpose shall not be affected in any manner.

The trustees shall from time to time after meeting. Consider and look into the expenses of and incidental to the management of the trust properties and of the trust decide the particular object or objects for which the income or corpus of the trust fund or properties for the time being available shall be applied.

The trustees or his office or branch may accept any donation or contribution in cash or in kind from any person, firm, company, corporation, association, institution or trust (including the settlers and trustees of these presents) or any of them for the furtherance of the objects of the trust or any one or more of them upon such terms and conditions as they may in their absolute discretion think fit and which are not in consistent with the object of the trust. The trustees may also take over the management of any other charitable or public institutions on such terms as they think fit and may manage such institutions.

Without effecting the generality of powers and functions of trustees to manage and administer the trust the board of trustees shall have following functions. (i) To borrow if needed the security of the assests of the trust by way of bank draft, loan or otherwise as may be necessary for the benefit of the trust and for more effectively carrying of the object for the trust provided for ever the trustees unanimously agree on such borrowing and limited to the term of their decision or agreement and to otherwise two or more of the trustees in which their main trustee trustee no. 1 shall must appoint one of them from the settlers to execute such document, deeds, papers etc. as may be necessary in connection therewith. (ii) To arrange for and / or authorize to signing or executing of any other papers or writing required to be signed or execute on behalf of the trustees by any two of the trustee to be nominated in this behalf from any settlers by the chairman of the board of trustees and to make the same effective and binding as if the said agreement contract, instrument or document or paper or writing were signed by all the trustees. (iii) To appoint or make provision for the appointment of a subcommittee of trustees and / or other to attend to or supervise or conduct specified job for functions or trust matter in such manner and subject to such rules and regulation as the trustees may time to time prescribe. (iv) To authorize any one or more trustee to hold any property or any fund or any investment of the trust subject however to the terms to these presents in such manner and subject to such terms and conditions, rules and regulations as the board trustees may from time to time think fit and proper and consistent with the object of trust. (v) To spend any portion of the corpus of the income of the trust fund for purchasing any land/ or constructing any building or building for and in the name of the trust for the purpose of carrying out promoting and or executing any or all of the objects of the trust. The trustees shall cause to an accurate accounts to be kept of all money received and spent and spent and of all matters in respect thereof in course of management of trust property or in relation to the carrying out of the objects and purposes of the trust as well as of all the assets, credit and effects of the trust properties.

The trustees shall cause to an accurate accounts to be kept of all money received and spent and spent and of all matters in respect thereof in course of management of trust property or in relation to the carrying out of the objects and purposes of the trust as well as of all the assets, credit and effects of the trust properties.

The trustees may invest the trust estate either in the purchase of the inmovable properties or of mortgage of immovable properties or in such manner as allowed by law as may be enforced from time to time and to convert , alter, vary dispose of or transfer such investments shall not be made which are directly or indirectly for the benefit of any persons. Referred to in sub-section (3) of section 13 of income Tax Act. 1961 or any subsequent amendment as may be made from time to time.