The general management and control of the Trust for the purpose of managing the Trust affairs and properties and carrying out the objects of the Trusts, as aforesaid, shall be vested in the Board of Trustees and generally without prejudice to the objects and powers mentioned above and the Board of Trustees shall have the power to do all or any part of the following things:
a) To acquire, hold and invest all or part of the assets of the Trust and to decide all matters arising therefrom;
b) To apply whole or part of the income or accumulation thereof or whole or part to the corpus of the Trust and /or properties, for the purpose of carrying out promoting and/or executing any or all of the objects of the Trust as the trustees may from time to time determine;
c) To decide all matters relating to the scope, objects and purpose of the Trust;
d) The Trustees shall be at liberty to sell such portion or portions of the movable or immovable properties forming part of the Trust Estate in the interest of the Trust. Provided that the aforesaid clauses be applied by the Trustees exclusively in furtherance of the object of the Trust for Charitable purposes only and Trustees shall not do any act which is against public interest;
e) To borrow, if needed, with or without security of the Trust, by way of Bank Overdrafts, loan or otherwise as may be necessary for the benefit of the Trust and / or more effectively carrying out the objects of the Trust;
f) To arrange for and/or authorize the signing or execution of any agreement, contract or other papers or writing required to be signed or executed on behalf of the trust by any two of the to be nominated in this behalf by the Board of Trustees and to make the same effective and binding as if the said agreement, contract or other papers or writing were signed by all the trustees;
g) To appoint or make provision for the appointment of a Sub-Committee or Sub-Committees of Trustees and / or others to attend to or supervise or conduct specified job or function on Trust matters as may be prescribed;
h) The Trustees shall have full powers to compromise or compound all actions, suits and other proceedings and settle differences and disputes relating to the Trust Estate and /or the Trust properties and to refer any such differences or disputes to arbitration and to adjust and settle all accounts relating to the Trust Estate and /or the Trust properties and to do all other acts and things in the best interest of the Trust;
The Trustees may join, co-operate, amalgamate the Trust of these presents or any portion thereof with any trust or institutions having allied and / or similar objects upon such terms as they may in their absolute discretion think fit;
i) The Trustees shall be entitled at their discretion for time to time to start, discontinue, abolish re-start any charity or charitable institution to impose any condition or conditions to any subscription or donation made by them and to earmark any portion of the Trust properly or income for any particular charitable object or objects;
j) To determine, sanction, grant and allot recurring and non-recurring expenditure of the Trust and to approve capital and other expenditure. The Board of Trustees shall form such rules for the conduct of their business and of the proceedings of their meetings as they may consider proper, and the same may from time to time be amended, alter or added to as the case may be by them;
k) The Trustees may appoint Managers, Lawyers, Solicitors, Auditors, Architects, Engineers, Surveyors, or other employees for the purpose of management and supervision of the Trust Estate for collection of rents, for keeping the accounts and records and for other purposes of the Trust and to pay their fees/charges and expenses incurred but the trustees shall not be liable and responsible for the default of any such agent, employed in good faith;
l) To appoint an Advisory Committee of not less than two (2) members which can be dissolved and reappointed from time to time as the Board of Trustees may think fit. The members of the Advisory Committee will generally be those who are having adequate knowledge, efficiency, eminency on the field/subjects for which they are to be appointed. The function of the Advisory Committee will be to advise/suggest/express their opinion to the Board of Trustees on the matters/subjects for which they are to be appointed for guidance and the advice, suggestions or proposals made by the Advisory Committee will be of a recommendatory nature. The members of the Advisory Committee will not be considered as any types of Trustees of this Trust. However, the Board of Trustees shall have the absolute rights and power to omit, remove any of the members of the Advisory Committee in any point of time and without assigning any reason for the said removal;
m) To formulate scheme or schemes for the carrying out any of the objects of this trust and for management of the trust property and to frame any scheme(s), rules and regulations from time to time to achieve the aims and objects of the Trust hereby created;
n) To apply the income of the Trust following the rules prescribed in the Income Tax Act,1961 and in any amendment thereof;
o) To invest the Funds of the Trust following the modes specified under the provisions of sections 13(1)(d) read with section 11(5) of the Income Tax Act, 1961 and any other statutory modification or enactment thereto;
p) To accept, receive, acquire any donations, funds, fees, subscriptions, gifts, grants or contributions from any persons within India or abroad subject to the rules and regulations of the country;
q) Notwithstanding anything contained in these presents, the Trustees shall have the power to alter, amend, add, delete, and rescind any clause/clauses of this document consistent with the objects of the Trust.
