Trust Deed

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DEED OF DECLARATION OF TRUST

THIS DEED OF DECLARATION OF TRUST made this 02nd day of March 2023 by Mrs.
_____________________ residing at ___________, Distt- Kurukshetra-136131 (Haryana) with the
Name of “__________________ FOUNDATION” Address: Village & Post Office- ____________,
Distt- Kurukshetra here in after called the SETTLOR to and in favor of

1. Mrs. _______________ and presently residing at Village- Mathana Distt- Kurukshetra (Haryana)

2. Mrs. __________________ and presently residing at Temple, Dhand, Kaithal (Haryana)

3. Mrs. _________________ and presently residing at Near Balmiki Choupal, Garhi Patti, Rajaund,
Kaithal (Haryana)

WHEREAS the settler desires to run Stiching Centre, promote Human Rights, Fundamental Freedom
of all People, to Develop and Mobilize Community, to work for Child and Women Welfare, to
organize Health, Educational, Welfare and Meditation programmes etc.

AND WHEREAS in pursuance of the above, object the settlor is establishing a public charitable trust
known as “___________________”

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AND WHEREAS the settler with the afore said object has settled sum of Rs. 1,000/- (Rupees one
thousand only)
To be held by the Trustees as part of the Corpus of the trust.

HOW THIS DEED WITNESSETH AS FOLLOW:

1.NAME AND CONSTITUTION OF THE TRUST


The settlor does hereby declare and constitute the trust which shall be known as
“______________________”, here in after referred to as the “Trust” with the object and constitution
and the terms and condition of the trust as set forth here under.

INCOME & ASSETS AND FUNDS OF THE TRUST


a. The Trustees hereby declare that they stand possessed of the said sum of Rs.1, 000/- only paid to them
by the settlor in trust for and as Trustees for the said trust on the date hereof 02nd day of March 2023.

b. The Trustees do hereby agree and undertake to hold the assets that have been given and that may be
hereafter given to them or may come into their hands as such trustees of the Trust and subject to the
provisions here in contained.

c. The sum of Rs. 1,000/- (Rupees one thousand only) contributed to the funds of the said trust by the
Settlor is held by the Trustees for the purpose of the said Trust.

d. Such sums or assets as may be contributed, gifted, donated or bequeathed hereafter by the Settlor or by
any person or persons, firm or company or by and State or Central Government or other authority to
the said trust and shall include

i. All interests or income arising out of the said sums and assets.
ii. All assets that may be purchased or acquired from out of the said funds or otherwise acquired
for the said Trust.
iii. All investments and realizations there from out of the said funds and assets.
iv. All sums and assets which have by any means become property of the Trust and
v. The funds of the Trust shall be solely utilized towards the objects of the Trust and no portion
of it shall be utilized for payment to Trustees / Beneficiaries any sum by way of profits,
interest, dividends etc.

II. OBJECTS OF THE TRUST

1.To open and run the Stiching Centre around the villages and nearby areas.

2.To Educate and learn the womens about the stiching works and also provide them jobs and work so that
they can earn money and become independent.

3.To promote and advocate Human Rights and Fundamental Freedom for all without any discrimination
of race, caste, color, sex and language.

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4. To work with special concentration for the Child, Women and old aged people Welfare.

5. To organize the Meditation and yoga programmes among the peoples.

6. To organize and take up Health, Educational and Welfare programmes for needy women and children
on priority basis.

7. To promote charitable values, literature, science, art, education and culture..

8. To arrange and provide medical aid and other assistance necessary for living to the needy people who
are incapable or handicapped or mentally/physically retarded and financially unfit.

9. To start and assist the relief measure in those parts of the country which become effected to natural
calamities like famine, fire flood, earthquakes etc.

10. To construct, maintain, alter, improve or develop any building belonging to the trust or works
necessary or convenient for purpose of the trust.

11. To organized awareness camps, health camps, March, workshops, campaign and exhibition.

12. To provide various medical services such as organizing health and awareness camps of immunization,
Eye Care, Motherhood, Child Care, and Communicable Diseases.

13. To help poor, widows, handicapped, orphans, old aged, mentally retired and under privileged section
of the trust/community.

14. To promote and support voluntary donation of Blood, Eyes and other parts of human body for the
charitable purpose.

15. To save or protect National Heritage, Buildings or Places of the archeological & historic importance.

16. To work for Environmental Protection, Forestation, Plantation, Waste Land Management

17. The Trust will not carry out any activities with the intention of earning profit and will perform with
service motive only.

18. To do such acts, deeds and things as may be incidental or conductive to the furtherance’s of the above
objects.

19. Advancement of any other object of general public utility not involving the carrying of any activity
for profit as the law may regard as Public Charitable purpose.

All the incomes, earnings, movable / immovable properties of the trust shall be solely utilized and
applied towards the promotion of its aims and object only a set forth in the Memorandum of the trust

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and no profit, thereof shall be paid or transferred directly or indirectly by way of dividends, bonus,
profits or in any other manner whatsoever to the present or past members of the trust or to any person
claiming through any one or more of the present or the past members.

No member of the trust shall have any personal claim on any moveable or immovable properties of
the trust or make any profits, whatsoever, by virtue of this membership.

III. MANAGEMENT OF TRUST

a. The affairs of the trust shall be managed by a board of Trustees consisting of not less than four and not
more than twelve trustees. Quorum for any Meeting shall be one third of the total number of
trustees holding office subject to a minimum of two, any fraction being rounded off to the next
highest number.*

b.The first members of the Board shall be the persons here in mentioned as Trustees.

1. ________________ and presently residing at Village- Mathana Distt- Kurukshetra (Haryana)-


(PRESIDENT)

2. ____________________ and presently residing at Temple, Dhand, Kaithal (Haryana)-


(SECRETARY)

3. _________________ and presently residing at Near


Balmiki Choupal, Garhi Patti, Rajaund, Kaithal (Haryana)- (TREASURER)
The Trustees shall appoint additional Trustees subject to a maximum as mentioned in clause III (a).

4. The Trustees shall at their first meeting elect a Chairman, Honorary Secretary and Honorary
Treasurer who shall hold office for two years. The chairman shall preside over all meetings and
in his absence; the Trustees present shall elect a Chairman for that meeting.

5. In the event of a vacancy, the Trustees may fill up the vacancy.

6. Every Trustee shall serve on the board for a period of two years and shall be eligible for
reappointment.

7. The Trustees may exercise all the powers vested in them, under these regulations or by law, by
resolution passed at a meeting of the Board of Trustees or in circulation. Notice of the resolution
in writing shall be sent to all Trustees. A resolution shall be considered as validly passed only if
it is approved by not less than three quarters of the total number of Trustees eligible to vote, who
have voted for it either in person or through circulation.*

8. The disposal of capital assets and taking of loans shall not be done in circulation.

IV. POWERS OF THE BOARD OF TRUSTEES

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a. The Board of Trustees shall have full control of management of all the affairs of the Trust and of
the income, assets and funds of the Trust.

b. Without prejudice to the generality of the foregoing, the Board may exercise all or any of the
following powers.

1. To determine from time to time, to commence, to take up, to abandon, to vary and add to the
charitable objects for which the funds of the trust shall be used and to all of and allocate to each of the
objects such portion of the funds as they deem fit.

2. To invest the income, assets and funds of the Trust in any manner authorized by law relating to
Trusts.

3. To hold the income, assets or funds of the Trust either in the name of the Trust or in the name of two
Trustees designated by the board.

4. To open one are more bank accounts for the Trust and in its name or in the names of the Trustees or
any of them with any Bank/s as the Trustees may deem fit and deposit moneys of the Trust in such
accounts and to give instructions to the bankers as to persons entitled to operate there on, whether
the same be or become over drawn or not.

5. To enter into contracts or arrangements with any person or body to further the purposes of the Trust.

6. To utilize the facilities and activities at present run by the Trust for furthering the objects of the trust
and on such terms and conditions and on such payments as may agreed to.

7. To lease or otherwise dispose of any movable and immovable properties , assets and goods of the
Trust for the said purpose, authorize any of them to execute deed and register the same and take
such further action as may be deemed necessary to conclude the transaction or comply with the
requirements.

8. To lease, buy or make any arrangement to construct building for furtherance of trust objects with any
Body, individual or Trust.

9. To employ staff of all kinds necessary or useful for the carrying out of the objects of the trust.

10. To borrow any moneys from any person Firm; Company or Body for any of the purposes of the
Trust on such, terms as the Trustees may deem fit and with or without furnishing securities and
in particular to mortgage or change any property or assets , movable or immovable of the Trust
vested in the Trust to secure repayment of any moneys so borrowed and if necessary to deposit
the title deeds of the Trust.

11. To mortgage or change any property or asset movable or immovable of the Trust or vested in
the Trustees in favors of the Government or any Department thereof in pursuance of the rules of
the Government or any Department there for the said purpose , authorize any of them to execute

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deeds and register the same and take such further action as may be deemed necessary to
conclude the transactions or comply with the requirements.

12. To frame rules and bye –laws for the conduct of the business of the Trust of its transactions and of
the committees of Board of Trustees and to alter amend or cancel the same; provided that no such
alteration amendment or cancellation shall be made unless the same is approved by the Board at a
meeting at which at least three – fourths of the members are present and by a majority or two –
thirds of the members present.

c. The board shall have power to accept contributions in money or property either by way of additions
to the Trust funds generally or for one or more of the specified objects of the Trust in so far as they
are not inconsistent with any of the provisions shall be dealt with either as capital receipt or as income
according to the directions of the donors out subject to the condition that in the opinion of the
Trustees it must be conducive to the beneficial administration of the Trust.

d. It shall be lawful for the Trustees to carry out any of the objects of the Trust either directly by
themselves or by Institution run by the Trust and others jointly or in cooperation or by making
contributions to or subsidizing any institutions carrying out any similar objects or aims
provided that such funds or institutions are also charitable institutions and satisfy tax laws for the time
being in force granting exemptions.

e. The Trustees may nominate one or more persons of themselves either by name or otherwise to be in
custody of any of the assets of the Trust in his on their names for and on behalf of the Trust and / or to
execute all documents, contracts and deeds for and on behalf of the Trust. The Trustees shall specify
and nominate one or more persons of themselves who shall be entitled to institute, conduct or defend
all suits and legal proceedings for and on behalf of the Trust and to receive service of summons and
process for and on behalf of the Trust and to sign pleadings; plaints, vakaats, statements and
affidavits or and on behalf of the trust in respect of any proceedings before any court or other
Authority -
Provided that the Trustees shall ensure that the requirements of the laws for the time being in force are
complied with so as to ensure that the income of the trust is exempt from tax.

V. ACCOUNTS

Regular and correct accounts of the Trust, its funds, receipts and expenditure shall be maintained. The
Trustees shall appoint one or more chartered accountants to audit the accounts of the trust and fix his
or their remuneration. The accounts of the Trust shall be audited by qualified chartered accountants at
31st of March every
year. The Trust shall pay the annual remuneration for the auditors as fixed by the Board of Trustees.
Every appointment of the Auditors shall be for one year and the retiring Auditors shall be eligible for
re- appointment the first auditors shall be ANKUSH GARG & CO., Sco No- 67 Sector-7 Shri Krishna
Market, Kurukshetra.

VI. INDEMNITY

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In the professed execution of the Trust and powers hereof one Trustee being an individual shall not be
liable.

a. For any loss to the Trust funds arising by any reason for investments made in good faith ; or

b. For the negligence, fraud of any agent employed by him/her or by any other Trustees hereof although
the employment of such agent was not strictly necessary for expedience, provided due care and
caution has been exercised by the Trustee as a normal prudent person would act under such
circumstances; or
c. For any mistake/s or omission/s made in good faith by any Trustee hereof.

VII. ANY OTHER OBJECT – UTILIZATION FOR OTHER PURPOSES

If the purpose and objects for which the Trust has been created fail and cannot be fulfilled, the
Trustees shall be at liberty to apply the Trust fund and the property which is the object of this Trust to
any other object of a like nature which the trustees may think proper after prior consultation with the
supporting bodies and income tax authorities to ensure the income of which is not subject to tax.

VIII. In the event of dissolution or winding up of the Trust, the assets of the Trust shall be transferred
to any other Trust / Institution with similar objects.
IX. OFFICE OF THE TRUST

The office of the Trust shall be at # Village- _________, Distt- Kurukshetra (Haryana) or at such
other place as the Trustees may determine from time to time.

X. AMENDMENT

This deed may be amended by a resolution of the Trustees and with such approval under the Indian
Income – tax Act on such other law as may be in force so as to ensure that the income of the Trust is
not subjected to tax.

XI. IRREVOCABLE

This Trust is irrevocable.


IN WITNESS WHERE OF THE PARTIES HERE TO have set their respective hands and signatures
to this deed on the 01 day of Match 2023 year first above written.

______
SETTLOR
WITNESSES:

1. 1. ______

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2. 2. ______

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