Sri Sri Mahavatar Babaji

Charitable Trust
Sri Sri Mahavatar Babaji
Charitable Trust
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Charitable Trust
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(also known as Golden Body Yogi Foundation)

This DEED OF PUBLIC CHARITABLE TRUST declared, founded and executed at

HYDERABAD, ANDHRA PRADESH this 9th day of October, 2008 by:

(1) Shri S P Suresh Kumar, Age 60, residing at F.No: 601, P.No. 12-1-
331/132, Sita heights, Dattatreya Colony, Asif Nagar, Hyderabad
(AP) 500 028. INDIA.

(2) Shri Ramakrishnan Nagasamy, Age 38, residing at 1-B, Doyens

Nest, Dharam Karam Road, Ameerpet, Hyderabad 500016, Andhra
Pradesh, India.

(3) Shri Dandu Venkata Siva Prasad Varma, Age 35, residing at:
YerraGadda, near Gokul theater, Sanath Nagar, Hyderabad
500018, Andhra Pradesh, India

(4) Ms T Vasundhara, Age Approx 35, residing at: 7-2-1087/65, Tulasi

Nagar, Sanath Nagar, Hyderabad 500018, Andhra Pradesh, India

(5) Shri V. Preetam Kumar, Age 38, residing at: Alwal, Hyderabad,
Andhra Pradesh, India

(6) Shri B.Venu Babu, Age 31, residing at: 3-148, Purushottapuram,
Visakhapatnam 531173, Andhra Pradesh, India

(7) Shri. C. Suresh , Age 30, residing at: 12-2-563/40/B,

Gudimalkapur, Mehdipatnam, Hyderabad 500028, Andhra
Pradesh, India
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Hereinafter referred to as AUTHORS of the TRUST of the ONE PART

(1) Shri S P Suresh Kumar

(2) Shri Ramakrishnan Nagasamy
(3) Shri Dandu Venkata Siva Prasad Varma
(4) Ms T Vasundhara
(5) Shri V. Preetam kumar
(6) Shri B. Venu Babu
(7) Shri C Suresh

Hereinafter referred to as the FOUNDER TRUSTEE (which terms so far as context

will admit will include them, the survivor of them) and the TRUSTEES and
TRUSTEE for the time being and from time to time of these present of the other
part.

WHEREAS in the name of Great Yogis, this trust is founded to help alleviate the
sufferings of millions of sick people in India and other parts of the world to heal
oneself and other people. WHEREAS the AUTHORS of the TRUST are greatly
inspired by the work of philanthropist and other people of high reputation are
desirous of working for the downtrodden people of India irrespective of caste,
color, creed and religious background either free of cost or at concessional rates,
but not for purpose of profit.

WHEREAS in furtherance of the above desire, the authors thought it fit and
necessary to constitute and establish a public charitable trust and through the
trust, organize and establish necessary structures as forum through India and
particularly in Andhra Pradesh and also carry out such other objectives hereafter
set out.

WHEREAS the authors have raised and possessed a sum of Rs 100008/-(Rupees

One lakh and eight only) which they are desirous of settling upon the trust for
the public charitable purposes as mentioned above. Total amount is 100008/-
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WHERE AS in pursuance of the said desire the AUTHORS have set apart the said
sum of Rs 100008/- to be help by them hereafter in their capacity as FOUNDER
TRUSTEE so as to comprise the corpus of the TRUST to be formed for the
aforesaid purpose and to carry out the objectives more fully set out here under
AND the trustees shall do all other acts and things necessary for or incidental or
conducive to effectuating the foregoing purposes or which would further or fulfill
the objectives mentioned here before. The trustees shall have powers, by due
process of law, to add any other object or objects of general public utility to the
objects hereinbefore set out, provided the majority of the trustees agree to the
same and the objectives added are of a charitable nature only.

WHEREAS It is expressly provided that if any one or more of the objects

hereinbefore specified, or hereafter added, are held not to be objects of a public
charitable nature, the trustees shall not carry out such object or objects, but the
validity of the said trust as a trust, for public charitable purposes, shall not be
affected in any manner.

WHERE AS It shall be lawful for the trustees to provide aid by way of donations
out of the income or the corpus of the trust fund (to any extent they deem fit), or
otherwise to different philanthropic institutions, societies, organizations, trusts or
other agencies which may have been established for charitable purposes
mentioned in clause 3) of these presents, to enable such institutions, societies,
organizations, trusts or agencies to start, maintain or carry out such charitable
objects.

Any trustee may, at any time, retire or resign from the office of trustee.

b) The trustees, for the time being (or in the event of there being, at any time,
only one remaining trustee, then the said sole remaining trustee) may, at any
time, appoint any other person or persons as trustee or trustees of the said trust,
after receiving the written consent of the person or persons to be appointed as a
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trustee or trustees and passing a formal resolution, either at a duly convened
meeting of the trust or by circular.

AND UPON every such appointment, the trust fund hereby settled and the
investments for the time being representing the same shall be so transferred as
to become vested in the trustee or trustees so appointed, and every trustee so
appointed may as well before as after such transfer act as fully and effectually
as if he had been originally appointed a trustee, PROVIDED ALWAYS that without
prejudice to any other provisions of the law, any trustee of these presents shall
stand discharged from the office of trustee on his/her tendering resignation of
his/her office and on the same being accepted by the remaining trustee/s of
these presents.

All the founder-trustees, and the trustees appointed subsequently, may remain
trustees for life unless they voluntarily resign, die or are removed for reasons of
continuous neglect of duty, misconduct or breach of trust, under the provisions
of the Public Trusts Act.
The total number of trustees shall not be less than 3 (three) and not more than 9
(nine).

The trustees shall appoint one of them to act as the chairman of the board of
trustees. The chairman shall preside at all meetings. In the absence of the
chairman at any meeting, the majority of trustees who may be present at the
meeting, shall elect a chairman for the meeting. The trustees shall frame and
regulate their own procedure relating to the meeting of the board of trustees.
The trustees shall be entitled to set up a committee or committees for the
purpose of effective management, resource mobilization, finance, projects and
any other broad or specific purpose or purposes for fulfilling the aims and
objectives of the trust. It shall be lawful for the trustees to appoint directors,
executives and officers, on such terms and conditions as may be agreed upon.
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The trustees, at their absolute discretion, may also frame from time to time a
scheme or schemes for membership to provide members of the
scientific/research community or members of the general public to feel a sense
of involvement with the trust and participate more actively and effectively in
furthering the objects of the trust. The powers and duties of such members shall
be regulated by the trustees from time to time and the trustees shall reserve the
right to remove any erring member or terminate the membership scheme if and
when found necessary and in the best interests of the trust.

All the trustees of the trust will be jointly and severally responsible. However, the
day-to-day management of the trust may be handled by the chairman or a duly
appointed managing trustee, with the help of paid employees. WHERE AS The
trustees shall be entitled, from time to time, to open, operate and maintain a
banking account or accounts in the name of the said trust, at such
scheduled bank or banks as they may, from time to time, decide and
may at any time pay, or cause to be paid, or withdraw any moneys
forming part of the trust fund or the income thereof to the credit of any
such account or accounts and either by way of fixed deposit or current
account or any other account. The banking account or accounts may be
operated jointly by any two or more authorized trustees of the trust.

WHERE AS Any investment or investments in which the trustees may be

authorized by law for the investment of the trust property in India, may be made
payable or transferable by any two or more of the trustees.

WHERE AS It shall be lawful for the trustees to acquire by purchase or on lease

or on ownership basis or otherwise, lands, buildings and movable and
immovable properties comprised in the trust fund, in any manner they think fit
and to expend for all, or any of the above purposes, such moneys out of the trust
fund or the income thereof as the trustees may, in their absolute discretion,
think fit and proper.
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WHERE AS With the sanction of the charity commissioner, it shall be lawful for
the trustees at such time or times, as they may in their absolute discretion think
fit, to sell or acquire by public auction or on private contract or exchange or
transfer or assign or grant leases or sub-leases for any term, however long, or
otherwise dispose of or surrender all or any part of the trust fund including the
immovable properties comprised therein and on such terms and conditions
relating to title or otherwise and in all respects as they may think proper and to
buy and rescind or vary any contract for sale, exchange, transfer, assignment,
lease, sub-lease, or other disposition or surrender or release and for such
purposes to execute all necessary conveyances, deeds of exchange,
assignments, transfers, leases, sub-leases, surrenders, releases, counterparts
and other assurances, instruments and writings and to pass, give and execute
necessary receipts, releases and discharges for the consideration moneys or
otherwise relating to the documents and assurances. All moneys arising from
any such transfer or other assurances shall be deemed to be part of the trust
fund and shall be applicable accordingly.

WHERE AS Upon any sale or other transfer by the trustees, under the power
aforesaid, any purchaser or transferee dealing bonafide with the trustees shall
not be concerned to see or inquire whether the occasion for executing or
exercising such power has arisen or whether the provisions as to the
appointment and retirement of trustees herein contained, have been properly
and regularly observed and performed. Neither shall the purchaser or transferee
be concerned to see to the application of the purchase moneys or other
consideration or be answerable for the loss, misapplication or non-application
thereof.
WHERE AS It shall be lawful for the trustees, from time to time, at their
discretion and, if necessary, with the prior permission of the charity
commissioner, to borrow or raise or secure the payment of any sum or sums of
money and to mortgage or charge all or any part of the trust fund.
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WHERE AS The receipt of any two trustees, as authorized by the board of
trustees, for any income of the trust fund or for any documents of title or
securities, papers or other documents or for any other moneys or property
forming part of the trust fund, shall be sufficient and shall effectually discharge
the person or persons paying or giving or transferring the same from being
bound to see to the application or being answerable for the loss, misapplication
or non-application thereof.
WHERE AS The trustees shall have the power at their discretion, instead of
acting personally, to employ and pay any agents (including banks) to transact
any business or do any act whatsoever in relation to the said trust, including
receipt and payment of money, without being liable for loss and shall be entitled
to be allowed and paid all charges incurred thereby.
WHERE AS It shall be lawful for the trustees to settle all account and to
compromise, compound, abandon, withdraw or refer to arbitration any actions,
proceedings or disputes, claims, demands or things relating to any matter in
connection with the said trust and to do all other things proper for such purpose,
without being responsible for any loss occasioned thereby.
WHERE AS The trustees shall be respectively chargeable for such trust funds and
income including money, stocks, funds, shares and securities as they shall
actually receive, notwithstanding their respectively signing any receipts for the
sake of conformity and shall be answerable and accountable only for their own
acts, receipts, neglects or defaults and not for those of the other or others of
them nor for any banker, broker, auctioner or agent or any other person with
whom, or into whose hands, any trust fund or trust income may be deposited or
come, nor for the insufficiency or deficiency of any stocks, funds, shares, or
securities, nor for any other loss unless the same shall happen through their own
willful default or dishonesty respectively and, in particular, no trustee shall be
bound to supervise or to check on any co-trustee or to take any steps or
proceedings against a co-trustee for any breach, or alleged breach, of trust,
committed by such co-trustee.
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WHERE AS The trustees may reimburse themselves and pay and discharge out
of the trust funds or moneys in their hands, all expenses incurred in or about the
execution of the said trust. It is, however, expressly agreed and declared that
the trustees shall be entitled to be paid their actual expenses for travel,
boarding and lodging, or any other bonafide expense, which may be incurred by
them in the performance of their duties as trustees. There shall be no
remuneration payable to any trustee.
WHERE AS If any trustee, other than the settler, shall be a lawyer, broker,
accountant or person carrying on a profession, he or his firm shall be entitled to
charge for his or their services, including all profits, costs and charges and
including charges for work not strictly appertaining to a lawyer’s or accountant’s
profession, in spite of the fact that he shall be a trustee of these presents, as if
he had not been a trustee hereof.
WHEREAS The said trust shall be and remain irrevocable for all times, and the
settlor doth hereby also release, relinquish, disclaim, surrender and determine
all his/her rights, titles, interest or powers in the trust fund.
WHEREAS In all matters wherein the trustees have a discretionary power or
wherein there shall be a difference of opinion regarding the construction of these
presents of the management of the trust fund, or any part thereof, or the
execution of any of the trusts or powers of these presents, or as regards any act
or thing to be done by the trustees, the votes of the majority of the trustees, for
the time being, voting in the matter shall prevail and be binding on the minority
as well as on those trustees who may not have voted, and if the trustees shall be
equally divided in opinion, the matter shall be decided according to the casting
vote of the chairman.
WHERE AS Every power, authority or discretion conferred upon the trustees may
be exercised or signified, either by some instrument in writing to be signed by a
majority of the trustees or such of them as may be present in India, or by a
resolution of the majority of the trustees or a majority of such of them as may be
in the city and are present and voting at a meeting of the trustees. It
shall be necessary to give at least ten days’ notice of any meeting of
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the trustees, and it shall be necessary to send an agenda and intimate
the trustees of what is proposed to be decided at the meeting. Whereas
the trustees shall endeavor to meet at least thrice a year and review
the progress of the trust, the various sub-committees should meet as often
as required, for the effective attainment of the goals and objectives of the trust.
WHERE AS If the majority of the trustees for the time being send any notice
in writing to any trustee, other than the first trustees above-named, intimating
that they think it is desirable in the interest of the trust that the trustee to
whom, the said notice is sent do cease to be a trustee, then from the date of the
receipt of such notice by the said trustee, the said trustee shall be deemed to
have resigned from his office as a trustee. Such notice shall be valid irrespective
of the fact that there might be any disputes or differences between the trustees
to whom the notice is sent, either relating to the affairs of the trust or otherwise.
It shall be proper to state in, or with regard to, any such notice the reasons why
the trustees giving the notice think it desirable in the interest of the trust, that
the trustee to whom the said notice is given, do cease to be a trustee. It is also
recommended in the interest of natural justice to give hearing, personal or
otherwise, to the trustee to whom any such notice is, or is to be, given. Any such
notice as aforesaid shall be deemed to have been received by the trustee to
whom it has been sent, if it is duly sent to the said trustee by registered post at
his last known place of residence or business.
WHERE AS The trustees shall keep, or cause to be kept, all statutory records,
including all legal documents, registers, books of account, minute books and
have the accounts audited annually by qualified chartered accountants. The
financial year of the trust shall begin on 1st April and end on 31st March.
WHERE AS It shall be lawful for the trustees, from time to time, to frame such
rules and regulations for the management and administration of the trust, as
they shall think fit, and to alter or vary the same, from time to time, and to make
new rules and regulations, provided that such rules and regulations shall not be
inconsistent with the terms and intents of these presents.
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WHERE AS The trustees may, with the permission of the charity commissioner or
any other competent authority in law, make amendments in the trust deed by
execution of such deeds or deed-polls, as may be expedient, so as to bring the
provisions of the trust in consonance and conformity with the provisions of the
law for the time being in force, from time to time, relating to public charitable
trusts including compliance with any legitimate directions or requisitions of any
authorities or officers which may be deemed expedient for carrying out the
objectives of the trust, PROVIDED ALWAYS that no changes shall be made by the
trustees which may result in the trust ceasing to be a public charitable trust.

NOW THEREFORE THIS DECLARTION OF THE TRUST WITNESSETH AND IT IS HEREBY

AGREED AND DECLARED AS FOLLOWS

1. NAME AND OFFICE OF THE TRUST

The TRUST hereby declared shall be called and known as “Sri Sri Mahavatar Babaji
Charitable Trust of INDIA”. The registered office the trust shall for the time being at
“1-B Doyens Nest Dharam Karam Road Ameerpet, Hyderabad 500016”
and/or such other place of places as may be decided upon by the TRUSTEE from
time to time

II. SETTLEMENT
In pursuance of the said design and for the purpose of carrying out the
charitable objects hereinafter mentioned, the TRUSTEES shall hold the said sum of
Rs 100008/- (Rupees…) and all further moneys or properties movable and
immovable that may be gifted by the AUTHORS of the Trust, the TRUSTEES, or the
general public and institutions, UPON the TRUST and with the subject to the powers
and provisions, as are hereinafter declared and contained and concurring the same

AND THEREAS the Trustees above named have agreed to become the first and
permanent Trustees of this Trust.
AND NOW THEREFORE, THIS TRUST DEED WITNESSES AS UNDER:
1. NAME:
That the Trust hereby established shall be in the name and style of “Sri Sri
Mahavatar Babaji Charitable Trust of INDIA”
2. HEAD OFFICE:
The Head Office of the Trust shall be situated at 1-B Doyens Nest Dharam Karam
Road Ameerpet, Hyderabad 500016 or at such other places as the Trustees may
from time to time, decide to start and to shift the Head Office and or branch offices
of the Trust to any other place or places in India or Abroad, as they may think
proper or necessary.

3. Objectives of the Trust:

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The aims and objects of the Trust shall be as under:

The trustees shall hold and stand possessed of the trust fund upon the following
trusts, viz.,:

a) to manage the trust fund and collect and recover the interest, dividends and
income thereof and to pay there out the expenses of collection and other outgoings,
if any;

b) to pay or utilize the balance of such interest, dividends and income of the
trust and, if the trustees so desire, the corpus or part of the corpus for all, or any
one or more of, the following purposes to the intent that such income or corpus
shall be applied to such purposes (and that such income shall be applied or
accumulated for application to such charitable purposes) and to the further intent
that all such purposes shall be carried out without reference to religion, caste, creed
or color and in such shares and proportions and in such manner in all respects as
the trustees shall, in their absolute discretion, think fit, that is to say:

A. To organize and establish centers of service as a forum throughout India to

provide Food, Health and Education to Poor and Needy
B. To provide financial and other assistance to poor children for education and
health care
C. To establish educational institutions for poor children
D. To help establish hospitals or clinics to provide health services to poor and needy
by use of ancient to modern and complementary therapies like Pranic Healing,
Naturopathy, Yoga, REIKI and others to alleviate physical, emotional,
psychological sufferings in fellow human beings
E. To promote health, education through programs of government bodies and
agencies
F. To identify areas where people are not having enough food and provide food for
them
G. To provide assistance in getting employment to help sustain themselves for their
basic needs
H. To conduct research in areas of improving health and facilitate education and
food production and distribution
I. To conduct research in areas of use of special sounds, annotations, music as a
method improve health and quality of life
J. To affiliate or network with organization of same nature with similar purposes on
national and international level
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K. To print, publish, sell, distribute or otherwise journals, periodicals, books,
leaflets, pictures and diaries etc that the trustee may think desirable for
promotion of the objectives of the trust
L. To make or grant donations either in cash or other assets to other societies,
bodies, trusts and institutions or organizations whose objectives are similar to
this trust or to render assistance to philanthropic Institutions involved in the
establishment and maintenance of similar institutions
M. To promote the advancement of any other object of general public utility.
N. To carry on any other activities conducive to or incidental to or necessary for the
aforesaid activities, including activities for generation of funds and income for
trust/institution eligible for exemptions under section 11 to 13 of the income tax
act 1961 as is in force time to time
O. The trust shall be a public charitable trust and the benefits/objects of trust shall
be ensured to the public without distinction of caste, creed, religion, gender etc.,
P. Any objects of the trust shall not involve the carrying on of any activity for profits
as laid down in chapter III of Income Tax Act 1961

4. DONATIONS:
a) The Trustees may accept any donations or contributions in cash or kind or any
property incorporate for the furtherance of the objects of the Trust or for any one or
more of movable or immovable, from person or persons, firms, bodies, body
corporate or them, as they may in their absolute discretion think fit.
b) That the properties or funds received by the Trustees in the name of Trust shall
belong to the Trust.
c) That the funds, which are received by the Trust as Voluntary contributions, shall
be invested or spent in a manner prescribed by law governing such investments or
expenditure.
d) That the Trust shall collect income from its properties by way of rents or by way
of interest / e) That the Trust shall meet the expenses for the administration and
management of the Trust besides spending for the objects of the Trust.
The event of any necessity to dispose off any .property the sale proceeds shall be
reinvested in any other form keeping the objects of the Trust in view.
g) It is further provided that no part of the income of the Trust should be directly or
indirectly applied for the benefit of the Settler, Trustees, or a person who has made
substantial contribution (as specified by the Income-tax Act, 1961, from time to
time) or any relative of such Settler, Trustees or substantial contributor.
5. BOARD OF TRUSTEES:
a) The Board of Trustees shall consist of not more than 9 members including co-
opted, or honorary members.
b) The first Board shall consist of the Settler and the Trustees mentioned above are
founder trustees who shall hold office for life or till they resign on their own accord.
c) Mr RAMAKRISHNAN NAGASAMY shall be the Managing Trustee for the present and
in the event on his resignation the Board of Trustees may appoint one among the
other Trustees as the Managing Trustee.

10. TAKE OVER & MANAGEMENT OF OTHER SIMILAR INSTITUTIONS:

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The Trust may also take over and take-up the Management of any other institution
or institutions whose objects, fully or in part are similar to those of this Trust, and
may manage and run such institutions.
11. ISSUING OF RECEIPTS BY THE TRUSTEES:
The receipts of the Trustees for any monies, stocks, funds, shares, securities or
investments paid, delivered or transferred to them in execution of the Trust or
powers thereof, shall effectually release and discharge the person or persons
paying, delivering or transferring the same there from and from seeing or from
being bound to see to the application of such payments, etc. or being answerable
for the loss or misapplications, thereof.
12. ACCOUNTABILITY OF TRUSTEES:
The Trustees shall be respectively chargeable only for such monies, stocks, shares,
funds and securities, as they shall actually receive not withstanding their
respectively signing a receipt jointly with others for the sake of the conformity and
shall be answerable and accountable only for their own accounts, receipts, neglects
and defaults respectively and shall not be answerable, one for the other or others of
them nor for any banker, broker, or other person whom or into whose hands any
Trust monies or securities may come or be deposited or given, nor for the
insufficiency or deficiency or any stocks, shares, funds, other securities, nor for any
other loss unless the same shall happen through their willful default or negligence
respectively.
13. REIMBURSEMENT OF EXPENSES:
The Trustees may reimburse themselves and pay and discharge out of the Trust
fund all expenses incurred in or about the execution of the Trust or any of the
objects of the Trust or any of their duties under these presents. The Trustees shall
be indemnified by the Trust properties against consequences of all lawful acts done
by the Trustees in the course of and discharge of their duties as the Trustees of
these Trusts and costs, charges and expenses thereof.
14. ACQUISITION OF PROPERTIES:
The Trust may purchase, take on lease or otherwise acquire in any other manner,
both movable or immovable properties for the trust at any time as they may think
fit.
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15. INCIDENTAL BUSINESS ACTIVITIES OF THE TRUST:

For the purpose of carrying out the objects of this Trust, the Trustees shall be
entitled to carry on any business, provided that all such businesses shall be carried
on upon Trust and if any capital is derived from the business carried on, on behalf of
the Trust, it shall be credited and applied solely to the purpose of the Trust and for
the purpose of carrying out such business the Trustees shall be entitled to do all
acts, matters and things, which may be necessary to do in carrying out such
business or business.
16. INVESTMENT OF SURPLUS FUNDS:
The Board of Trustees by a resolution of the Board may invest the surplus funds of
the Trust in accordance with the provisions of Section 11(5) of the Income-Tax Act,
1961.
17. LEASING OF PROPERTIES:
The Trustee may lease out the immovable or movable property or properties as are
hereafter acquired in any manner for the time being and from time to time,
belonging to the Trust, either from year to year, or from any lesser terms, or for any
terms of years or on monthly tenancies on such rent, and subject to such conditions
and terms as they may think proper and also accept, surrender of leases and
tenancies, and generally manage the same in such manner as they think proper.
18. MAINTENANCE OF PROPERTIES:
The Trustees may pay all the charges payable in respect of any immovable property
acquired hereafter for the time being forming part of the Trust Fund and may carry
out repairs required to be done to the same and keep the same incurred against
loss or damages and may incur all other costs, charges and expenses of and
incidental to the administration and management of Trust Estate and the property
for the time being belonging to the Trust as they in their absolute discretion, think
fit.
19. The Trustees may by the consent of the majority of themselves, raise or borrow
money required for the purpose of Trust on a mortgage or by the pledge of the
Trust properties or any part thereof, with or without any securities at such rate of
interest and on such terms as they may in their absolute discretion think fit.
20. SALE OF THE PROPERTIES OF THE TRUST:
The founder trustee shall be at liberty to sell the whole or any part of the Trust
Funds either by. publication or by private contract at such price or prices and on
such terms and conditions relating to the title or otherwise, in all respects, as they
may, in their absolute discretion, think fit and rescind or vary and contract for the
sale thereof and to resell the same and for this purpose to execute all that is
necessary such as conveyance, transfers or other assurances, and to pass
valid and to effectual receipts and discharge for all monies received by them. .
21. NO REMUNERATION TO TRUSTEES:
The Trustees shall not be entitled to any remuneration for their services put in by
them in connection with the management of the Trust. If any trustee is visiting
within the country or abroad on behalf of Trust, all the expenditure will be re-
imbursed by Trust.
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22. COMMITTEE OF TRUSTEES:
The Trustees as a body may delegate any of their powers to any person or to a
committee consisting of such persons or person, whether members of their body or
not as they think fit.
23. APPOINTMENT OF STAFF:
The Trustees have the right to appoint all or any member or members of the staff
and have full unfettered right to take disciplinary actions, against them including
power to fine, suspension and dismissal and may make Policies, guidelines and
regulations, in this behalf from time to time.
24. CHARITY. GRANTS ETC.:
The Trustee may be entitled at their discretion, from time to time to start,
discontinue, abolish and re-start any charity, grant or charitable institutions, and
may impose any condition or conditions to any particular object or objects.
25. LEGAL MATTERS:
The Trustees shall have full power to institute suits, claims or other proceedings and
to compromise or compound all actions, suits and other proceedings and all
differences and disputes touching the Trust estates or Trust Properties and to refer
any such differences disputes for arbitration and to adjust and settle all accounts
relating to the Trust estates and Trust properties and to do all other acts and things
as if they were absolutely entitled to the Trust estates and the Trust properties.
26. DISSOLUTION:
In the event of dissolution of Trust for any reason whatsoever all the funds and
assets that are remaining after full satisfaction of all liabilities shall be paid or
transferred to any other Trust, organization or institution having similar objects and
which is registered under Sec. 12-A of the Income-Tax Act 1961 and shall not be
repugnant to the provisions of the Section 80-G of the Income-Tax Act.
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27. AMENDMENTS ALTERATIONS ETC.:
Any activity which is causing damage to the trust, the founder trustee has full
powers to veto a part of portion or fully reject that activity permanently for ever.
If he suspect any unwanted things happening in the Trust with or without his
knowledge he can suspend any trustee, or entire trustees, and he can nominate
who ever person, or persons suitable to that post or place. None of the member has
the rights to question directly, indirectly or legally.
The trust should run at least 100 years. so it is everybody’s responsibility to see
that it runs smoothly and effectively.
The aims and objects of the Trust as set-forth in objects clause may be amended,
extended or on a proposal and approval from the Trust Board however that any
such alterations, modifications or amendments shall not be having the effect of the
violating provisions of the Trust Act or Section 80-G of the Income-Tax Act or any
statutory modifications thereof for the time being in force and for doing so prior
approval of the Commissioner of Income-Tax shall be obtained.
THAT this shall commence from this day 9th of October, 2008.
IN WITNESS WHEREOF the Settler herein has signed this Deed in the presence of
the following witnesses in token of acceptance of the terms and conditions
mentioned herein on the day, month and year mentioned above at
WITNESSES:
SETTLOR

TRUSTEES

(1) Shri S P Suresh Kumar

(2) Shri Ramakrishnan Nagasamy
(3) Shri Dandu Venkata Siva Prasad Varma
(4) Ms T Vasundhara
(5) Shri V. Preetam kumar
(6) Shri B. Venubabu
(7) Shri C Suresh