DEED OF TRUST.
This deed of Trust is made on
19th Day
of May,1986 by Sood Sabha, Chandigarh, a Society registered
under the Societies Act, 1860 bearing No. 603 of 1980 through its Ag.
President Shri Dharam Inder Sood son of Shri Durga Dass Sood, resident
of H. No. 19, Sector 19-A, Chandigarh.
At the request and as desired by the Sood Sabha, Chandigarh, the
following persons have agreed to become the first Trustees of the said
Trust:-
1. Shri V. K.
Sood
|
Chairman |
| 2. Shri D. I.
Sood |
Vice Chairman |
| 3. Shri Harish
Sood |
General
Secretary |
| 4. Shri Brij
Sood |
Treasurer |
| 5. Shri Hari
Om Sood |
Joint Secretary |
| 6. Shri
Kulwant Rai Sood |
Joint Secretary |
| 7. Shri Bipin
Chand Sood |
Member |
| 8. Shri Kishor
Chand Sood |
Member |
WHEREAS the said Sood
Sabha, Chandigarh desirous of creating a Trust for the construction and
permanently maintaining Sood Bhawan/s Chandigarh, Panchkula, Mohali or
at such other places as may be decided from time to time for Charitable
purpose.
AND WHEREAS Sood Sabha Chandigarh through its President, donate a
sum of Rs. 1,000/- to form Corpus of the Trust and further
sums that may be received as gifts/donations.
NOW, therefore, the deed of the trust declares and witnesses as under:-
In pursuance of
the premises, the author of the trust as settler does hereby convey
unto; and settle the Trustees a sum of Rs.1,000/- only which would
constitute the Corpus of the trust and to hold the same upon the Trust
with the powers and subject to provisions hereinafter, concerning the
same.
The name of the
trust shall be SOOD SEWA BHAWAN TRUST.
The objects of
the trust shall be as under:-
a.
To generally promote the welfare of public without in any way limiting
the generality of it for any particular community or religion;
b.
To provide medical, educational and financial help or relief to the
public;
c.
To manage properties belonging to the Trust or otherwise acquired,
built by or donated to the trust;
d.
To invest or deal with the money of the Trust not immediately required
in any investments and securities approved under the Income Tax Act,
1961 and in such manner as from time to time may be determined by the
Trust;
e.
To do all such other lawful things as are incidental or conductive to
the attainment of the above objects.
There shall be
not less than 8 members of the Trust at any time. The trustees may at
any time increase the number or trustees.
If any trustee(s)
dies or desires to be discharged from the function of the trustees or
become incapable or unfit to act as a Trustee due to any reasons, the
trustees or the continuing trustees as the case may be shall appoint a
new trustee by 3/4th majority of the members of the Trust.
AMENDMENT TO
RULES/FRAMING OF RULES.
The Trustees shall frame any new rules/regulations and procedure for
the Trust from time to time and can amend, omit, alter or vary the same
by 3/4th majority of the members.
The Trust is intended to be a perpetual one. However, if the Trustees
unanimously decide to determine the Trust, they may do so by
transferring all the assets of the Trust to another Charitable Trust
which has similar objects as this Trust, or in accordance with the
provisions of the Law.