ADMINISTRATION
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ADMINISTRATION OF TRUST
(a) Sri Santanu Kumar Acharya Managing Trustee
(b) One Joint Managing Trustee from the Life Trustees
(c) The Deputy Managing Trustee / Secretary selected by Joint managing trustee.
(d) A Treasurer appointed-by the managing trustee / Joint Managing Trustee from the trustees.
(e) Three persons from trustee members selected by the Joint Managing Trustee.
ADMIMISTRATOR
The settler being the Managing Trustee has appointed the following persons as administrator to hold the office of the Trust. There shall be No financial transation without the approval of the managing trustee.
1.Smt. Nirupama Acharya Joint Managing Trustee
2.Smt. Prajesh Nandini Dash Dy. Managing Trustee / Secretary
3.Sri Prabir Kumar Dash Treasurer
4. Three persons from the board of trustees to be elected every three years
POWER OF TRUSTEE
The Board of Trustees shall have the control and management of the Trust and exercises the following powers.
(a) To determine from time to time to commence and to take up the object and purposes for which the funds of the trust shall be used and allot and allocate to each of the objects such portion of the funds as they deem fit.
(b) To purchase and acquire any immovable property of any kind for this object of the trust or as a source of income for the Trust.
(c) To sell, mortgage or dispose of any immovable property/ properties belonging to the Trust.
(d) To incur all expenditure necessary as in their own opinion useful for carrying out the objects and administration of the trust.
(e) To open one or more bank accounts of the trust with any bank or banks as the Trustees may deem fit and deposit monies of the Trust in the bank account.
(f) To borrow for and on behalf of the trust with or without security from banks, governments, universities or any other any other government
body/bodies both central-and-state.
(g) To employ staff of all kinds necessary and useful for carrying out the objects of the trust:
(h) To incur such other items of expenditure as is necessary and incidental for carrying out the objects of the trust.
(i) To delegate all or any of the power vested in the trustees to anybody to frame rules by laws and other codes for the conduct of the affairs of the trust and its transactions and establishing any committee.
(1) To accept contributions in cash or in kind either by way of addition to the trust funds generally or for any one or more of the specified objects of the trust.
(k) To establish as may adhoc committees for any purpose..
MEETING OF TRUSTEES:
(a) The Managing Trustee shall preside over all the meeting of the trustees and in his absence of the joint Managing Trustee shall preside such meeting and in absence of both, Deputy Managing Trustee will president over the meeting.
(b) To meeting of the trustee may be converted by the managing trustee, or under this direction by any other trustees.
(c) The quorum of the meeting of the trustees shall be four personally present.
(d) In the event of equality of votes, the person presiding such meeting shall exercise casting vote (additional vote)
RESOLUTIONS:
(a) The trustees may exercise all the powers vested in them in clause 9 under these presents by resolution passed at a simple majority of the trustees attended such meetings of the Board of Trustees.
(b) Any resolution in writing signed by all Trustees holding office for the time being shall be valid and binding.
SUITS:
The Managing Trustee of the Trust is authorized to sue or to be sued on behalf of the trust.
EXECUTING OF DOCUMENTS:
All Deeds, documents etc. shall be executed by the Managing Trustee and Joint Managing Trustee jointly representing the trust.