Format of Trust Deed for old age home
AMIT KARIA
(Querist) 08 September 2009
This query is : Resolved
Hello,
Please provide a format of trust deed for opening of an old age home.
Waiting for your replies,
Thanks & Regards,
Amit Karia
riven
A V Vishal
(Expert) 08 September 2009
This is only a draft format and not a format prescribed under any law. This format can be used with modifications suiting to your requirements wherever it is necessary. In case of doubt regarding payment of Stamp duty and Registration fee etc. contact the concerned Sub-Registrar / District Registrar.
TRUST DEED
THIS DEED OF TRUST made on this ______ day of ________________________ by
(1) Sri.____________________
S/o.____________________ R/o._______________________________________
(2) Sri.____________________ S/o.__________________
R/o.______________________________________hereinafter called the Author
of the Trust which expression unless repugnant to the context or meaning thereof
includes their heirs, executors, and administrators, etc., whereas Authors of the
Trust are possessed of and otherwise well and sufficiently entitled to the sum of
Rs.___________ (Rupees _______________only) hereinafter referred to as said
property. Whereas the Authors of the Trust desire to irrevocably endowing the
said founds upon trust for public, educational, and cultural, purposes, as
hereinafter expressed and contained in this presents and in pursuance of such
desire have already transferred paid and handed over the said property to the
trustees mentioned below.
WHEREAS it is the desire of the Authors of the Trust that the Corpus of
the Trust may be further augmented from time to time by flow of funds and other
assets including moveable and immovable and any other kind by way of Gifts, or
Donations, acquisitions, allotments, grant exchange or otherwise etc.,
WHEREAS the following persons are appointed to be trustees for holding
the said property in Trust for the purposes detailed in this Trust Deed:
1.
2.
3.
4.
5. etc.
NOW THIS DEED OF TRUST WITNESSETH AS FOLLOWS:
1. NAME The Trust hereby established shall be named as
_____________________________________ Trust.
2. PLACE Office of the Trust shall be situated
at________________________________________________
__________________or at such other place in India as the
Trustees may from time to time think fit.
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3. OBJECTS The objects for which the Trust is founded are:
(a) To establish, maintain and run Schools, Colleges, Social
service centres, Industrial Training centre.
(b) To establish, Training Centre, and allied education
institutions.
(c) To establish, Cultural, and Social Institutions,
(d) To Spread for promotion of education and learning in all
branches more specifically in Science and Technology.
(e) To advance Indian Culture and Literature, Service of this
Country for the benefit of our Nation.
(f) To train teachers and workers in ideals and practice of the
true spirit of the education and learning.
(g) To establish research and training centres for the furtherance
of education/learning in it’s various fields and branches.
(h) To undertake propaganda, training and education of the
masses either of its own or in co-operation with similar
Agencies working for the cause of all round development of
the Society.
(i) To bring, publish and sell, distribute books, periodicals,
leaflets, brochures and papers and also to open and maintain
libraries, reading rooms for the promotion of the objects of
the Trust.
(j) To function as a Non-communal Trust and as a secular
organisation.
(k) To establish centres for employment generation.
(l) To acquire and maintain the movables and immovable
properties for achieving and said objects.
(m) To advance any other objects of general public utility.
(n) To confer title on eminent personality in the field of science,
education, literature, etc.,
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(o) To establish the colleges to impart education in the area of
higher education especially the emerging field like,
Electronics, Bio-technology, and other allied fields.
The trust shall be an irrevocable public educational, cultural trust for the
benefit of all persons belonging to whatever community irrespective of Caste,
Creedriven
AMIT KARIA
(Querist) 08 September 2009
Sir, whether the registration of public charitable trust is mandatory?
Whether 'trust' is to be registered or "trust Deed" is to be registered?
riven
A V Vishal
(Expert) 08 September 2009
The Trust deed is registered with the local SRO under whose jurisdiction the registered office is situate, non registration has some typical legal infirmities, you need to register the trust with the local charity commissioner and also with the I T Department.riven
