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To open and maintain account or accounts of the trust in Bank for the purposes of keeping the moneys of the trust & to operate the same or to |
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authorize any one or more of the trustees of others to operate them. |
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To purchase or hire or to take on lease, lands, buildings, and other immovable properties in the name of the trust. |
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To invest, dispose of, transfer and otherwise deal with the subject matter of the trust in such manner as the trustees deem fit and proper to do in |
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carrying out the objects of the trust. |
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To take over the management of any other public or charitable institution, project of branch of any such institution on such terms and conditions |
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as the trustees may deem fit & to manage such institutions. |
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To raise or borrow money required for the purpose of the trust on a mortgage or pledge of the trust estate of any part thereof with or without any |
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security and at such rate of interest and on such terms as the trustees shall think fit. |
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To acquire by gifts, purchase, exchange, lease of hire or otherwise any land, buildings, any other property movable and / or immovable and any. |
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estate or interest or interest of for the furtherance of all or any of the objects of the trust |
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To invest the funds of the Trust not immediately required in deposit with nationalized banks or with undertakings or in any securities authorized under |
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the income tax act, 1961 or other applicable laws in force from time to time. |
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To create any reserve funds, sinking fund, insurance fund, provident fund or any other special fund whether for . and for recoupment of working asset |
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and / for the benefits of the employees and for any other purpose for which the trust deeds it expedient or proper to create or to maintain in any such |
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fund or funds. |
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To do all such other lawful acts, deeds or things either alone or in conjunction with other organizations as are incidental or conducive to the |
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attainment of any of the above objects. |
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To provide for the welfare of employees of the trust. |
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To make rules and bye – laws for the conduct of the affairs of the trust and to add, amend, vary or rescind them from time to time. |
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To accept upon such income as the board of trustees may think fit any grant, donation or contribution in money kind or land or other property any way |
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impressed with the trust to carry out the objects referred to in clauses “4” and “5” of para thereof provided contributions shall be accepted shall not in |
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be inconsistent with or repugnant to the objects of these presents. |
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