Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

formalities of registration of a trust

(Querist) 28 September 2009 This query is : Resolved 
Sir I want to know the formalities of registration of a Trust, from where it can be registered and what is the exact frofarma of deed of trust etc.
PJANARDHANA REDDY (Expert) 28 September 2009
PLS CONTACT UR NEAREST JURISDICTION OF REGISTRAR OF SOCIETIES NORMALLY ALL SUB-REGISTRAR CAN REGISTER THE TRUSTS....PLS FIND FORMATE...

TRUST DEED
THIS DEED OF TRUST made on this ______ day of
________________________ by (1) Sri.____________________
S/o.____________________ R/o._______________________________________
(2) Sri.____________________ S/o.__________________
R/o.______________________________________hereinafter called the Author
of the Trust which expression unless repugnant to the context or meaning thereof
includes their heirs, executors, and administrators, etc., whereas Authors of the
Trust are possessed of and otherwise well and sufficiently entitled to the sum of
Rs.___________ (Rupees _______________only) hereinafter referred to as said
property. Whereas the Authors of the Trust desire to irrevocably endowing the
said founds upon trust for public, educational, and cultural, purposes, as
hereinafter expressed and contained in this presents and in pursuance of such
desire have already transferred paid and handed over the said property to the
trustees mentioned below.
WHEREAS it is the desire of the Authors of the Trust that the Corpus of
the Trust may be further augmented from time to time by flow of funds and other
assets including moveable and immovable and any other kind by way of Gifts, or
Donations, acquisitions, allotments, grant exchange or otherwise etc.,
WHEREAS the following persons are appointed to be trustees for holding
the said property in Trust for the purposes detailed in this Trust Deed:
1.
2.
3.
4.
5. etc.
NOW THIS DEED OF TRUST WITNESSETH AS FOLLOWS:
1. NAME The Trust hereby established shall be named as
_____________________________________ Trust.
2. PLACE Office of the Trust shall be situated
at________________________________________________
__________________or at such other place in India as the
Trustees may from time to time think fit.
2
3. OBJECTS The objects for which the Trust is founded are:
(a) To establish, maintain and run Schools, Colleges, Social
service centres, Industrial Training centre.
(b) To establish, Training Centre, and allied education
institutions.
(c) To establish, Cultural, and Social Institutions,
(d) To Spread for promotion of education and learning in all
branches more specifically in Science and Technology.
(e) To advance Indian Culture and Literature, Service of this
Country for the benefit of our Nation.
(f) To train teachers and workers in ideals and practice of the
true spirit of the education and learning.
(g) To establish research and training centres for the furtherance
of education/learning in it’s various fields and branches.
(h) To undertake propaganda, training and education of the
masses either of its own or in co-operation with similar
Agencies working for the cause of all round development of
the Society.
(i) To bring, publish and sell, distribute books, periodicals,
leaflets, brochures and papers and also to open and maintain
libraries, reading rooms for the promotion of the objects of
the Trust.
(j) To function as a Non-communal Trust and as a secular
organisation.
(k) To establish centres for employment generation.
(l) To acquire and maintain the movables and immovable
properties for achieving and said objects.
(m) To advance any other objects of general public utility.
(n) To confer title on eminent personality in the field of science,
education, literature, etc.,
3
(o) To establish the colleges to impart education in the area of
higher education especially the emerging field like,
Electronics, Bio-technology, and other allied fields.
The trust shall be an irrevocable public educational, cultural trust for the
benefit of all persons belonging to whatever community irrespective of Caste,
Creed or Religion, the Trustees shall stand possessed of the said amount of corpus
endowed by the Authors of the trust and such other properties (both movable and
immovable) as may be acquired from time to time by the Trust, by purchase,
exchange, grant, allotment, subscription, endowment, donation, contribution, or in
any manner to whatsoever (all of which shall be designed as Trust properties) on
the Trust herein mentioned.
4. NUMBER OF TRUSTEES:
The number of Trustees including the Author of the Trustees shall not be
less than __________and not more than __________persons. The Board of
Trustees shall nominate and invite person/persons to be the other trustees for such
period, as they may deem fit and proper.
5. TERM OF OFFICE OF THE TRUSTEES:
These Trustees shall hold office for such duration as may be specified by
the board of trustees.
6. PRESIDENT:
There shall be a president for the administration of this trust, nominated by
the board of Trustees, who shall be one amongst trustees as specified in para (4)
above for such period, in such manner as may be specified in this behalf.
7. MANAGING TRUSTEE:
(i) The day-today administration of the Trust shall be looked after by
the Managing Trustee under the guidance, control and supervision of
the Board of Trustees.
(ii) The Board of Trustees shall nominate one amongst the trustees as
specified in para (4) above to be the Managing Trustee, who shall
hold office for such period, as may be decided by the Board of
Trustees.
(iii) The Managing Trustee shall perform all functions, discharge such
duties as or specifically entrusted to him/her in writing by the Board
of Trustees.
4
8. VACANCIES:
Any vacancy among the Members of the Board of Trustees may be filled
by the trustees as specified in para(4) above or their successors and they shall hold
office for such duration as may be specified by the Board of Trustees.
9. TERMINATION OF OFFICE OF THE TRUSTEES:
(a) Trustee shall cease to hold office:
i) if he dies,
ii) if he resigns,
iii) if he is adjudged insolvent or found guilty of an offence involving
moral turpitude.
iv) if he is found to have acted against the interest of the Trust.
v) if it is unanimously decided by the Trustees specified in para(4)
above that his continuation in the Office is against the interest of the
Trust.
vi) Upon expiry of the period up to which the Board of trustees have
nominated the trustee.
10. MEETING AND PROCEEDINGS OF THE TRUSTEES:
The Trustees shall ordinarily meet once in ________months or as often as
may be necessary for the satisfactory conduct of the affairs of the Trust.
11. NOTICE:
_________days Notice shall ordinarily be given in writing for a meeting of
Board of Trustees.
12. QUORUM:
The Quorum for the Meeting of the Board of Trustees shall be
_______numbers quorum is required for a meeting adjourning for want of
Quorum.
A minute book shall be kept by the Managing Trustee. Minutes of entry
into the office of every new trustee and of all proceedings of the meeting of the
5
board of trustee shall be entered in the minute book and shall be signed by the
President of the Meeting.
13. VOTING:
Decisions of the Board of Trustees may be made at a meeting or by
circulation of papers to them. Normal matters of routine nature may be circulated
and decision obtained. The important matters are to be decided at the meeting. All
matters arising for disposal shall be decided by a majority of the Board of Trustees
present at the Meeting. The President of the Board of Trustees shall have a casting
vote in the event of equality of votes, in addition to his own.
14. POWERS, FUNCTIONS AND DUTIES OF THE TRUSTEES:
(a) All property of the Trust Movable or Immovable or of any other kind,
shall vest in trust, the trustees shall manage the whole property and affairs of the
trust and shall have all powers, duties and functions necessary proper and
incidental to the promotion and carrying out of the objects of the trust.
(b) In particular and without prejudice to the generality of the foregoing the
trustees shall for the purposes of this trust have the following powers, duties and
A. A. JOSE (Expert) 28 September 2009
Mr.P Janardana Reddy has completely dealt with your requirement and it is an admirable contribution indeed.
Raj Kumar Makkad (Expert) 28 September 2009
I agree with P. Janardana Reddy.
Sarvesh Kumar Sharma Advocate (Expert) 28 September 2009
mr. reddy sugest good.
vinjamuri ranga babu (Expert) 28 September 2009
hi,
Mr Reddy given in detail. and you also approache concerned Registrar where you are residing.
vr


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :