Organisation
Organisation
The members of the First management committee or Trustees shall be the following persons.
1.Adv. P Vinodji
S/o P.N. Padmanabhan Nair
Andumadam
Ponkunnam P.O.686506
2. A.R.Sindhu
D/o A.R. Ramakrishnan Nair
Chandralayam
Sultan’s Bathery P.O.
Bathery Taluk
Wynad District , 673592
3. K Shibu
S/o P.S. Kumaran
Paruntholil
Panamattom P.O.
Koorali (via), 686522
4. Avani M.
D/o P. Madhu
Savithri Veed, Attickal
Ponkunnam P.O.
686506
5. P.N. Sojan
S/o P.G. Narayanan Nair
Parapallykkunnel
Chirakkadavu East P.O.
Chirakkadavu (Via) 686520
6. B. Sunil
S/o K. Bhaskaran
Padinjaremadathil
Chirakkadavu West
Thekkettukavala P.O. , 686519
7. Rajeev S.
S/o P.G. Sudhakaran Nair
Puthuppallil
Panamattom P.O.
Koorali (via), 686522
8. T.S. Baburaj
S/o Sankaran
Thadathel
Ponkunnam , 686506
9. Arjun Raj
S/o R.P. Rajan
Ramalayam
Ponkunnam P.O. 686506
10. Rahul Prasad
S/o Sivaprasad K.R.
Koorumullil, Manthara
Ponkunnam P.O.686506
11. Rajesh P.S.
S/o P.M. Sreedharan
PulickalKarottu
Panamattom P.O.
Koorali (via), 686522
12. P Madhu
S/o P.N. Padmanabhan Nair
Savithriveedu
Attickal, Ponkunnam P.O.
686506
13. A.R. Meena
D/o A.R. Ramakrishnan Nair
Savithriveedu
Ponkunnam P.O.
686506
14. A.R. Sabu
S/o A.R. Ramakrishnan Nair
Alurumpil
Elikulam P.O.
Poovarani (via) , 686577
15. V.S. Anilkumar
S/o P. Sivaramakurup
Vandankal Mattakkattu
Ponkunnam P.O.686506
16. Binukumar M.P.
S/o M.N. Prabhakara Panicker
Mothirappallil
Panamattom P.O.
Koorali (Via) 686522
17. Abheesh S.S.
S/o M.S. Sasidharan
Karthikalayam
Puliyanoor
Palai, 686575
18. Vevek Kuruvilla Ipe
S/o Ipe T. Kuruvilla
Thekkumkal
Parampuzha P.O. 686032
19. Nikhila S.
D/o C.A. Ajeer
Souhrida
Pappinisseri West P.O.
Kannur, 670561
20. P. Suseendhira
D/o Mr. M. Palaniswamy
H – 52 Ponvizhanagar
TNAB Unit, Trichy Road
Namakkal District
Tamil Nadu, 637002
21. Adv. Girish S. Nair
S/o K. Sreedharan Nair
Karthika
Ponkunnam P.O. 686506
b) Appointment and Term of Office
(i) The Members of the Management Commiittee by majority decision elect the Managing Trustee and other office bearers to hold office for a period of five years.
ii) Any member of the Management Committee including the Managing Trustee and other office bearers shall be removed from office by a majority decision of the Management Committee , if such member acts in contravention of the spirit of the Trust . A new member may be nominated to the Management Committee by a majority decision of the Management Committee. Any member who wishes to resign from the Management Committee shall do so by giving one month’s notice in writing to the Committee to that effect.
c) Advisory Board
The trust may also have an Advisory Board consisting of selected members of the Management Committee and other eminent persons from different walks of life . The Advisory Board shall have not more than 11 members. The function of the Advisory Committee shall be to advise and guide the Management Committee. All the decision making shall be the function of the Management Committee. The members of the Advisory Board shall hold office for such period as may be decided by the Managing Committee. They may also resign from their office by giving one month’s notice in writing to the Management Committee.
8.POWERS OF THE MANAGEMENT COMMITTEE
The Management Committee shall have power to do all acts, deeds, matters and things and to undertake all such activities as would be necessary to carry on all or any of the objectives of the Trust with the following specific powers.
a). To purchase, take on lease, or in exchange, hire or otherwise acquire any property movable or immovable , including land or building for the purposes of the Trust and make improvements thereto.
b). To sell, exchange, surrender, release, demise, lease, mortgage or dispose of any property movable or immovable either as a whole or in parts at such price and on such terms and conditions as the Board shall think fit in the best interest of the Trust.
c). To cultivate land and, repair, develop and turn to account any building or other assets acquired by the Trust.
d). To appoint or terminate the services of or to determine the terms and conditions of service of the employees of the trust or of the institutions established or run by the Trust.
e). To fix and sanction remuneration, salary, wage, honorarium, payments in any other manner to any person doing work for or employed by the trust or any institution run by the trust.
f). To execute, sign, enter into, acknowledge, perfect and do all such contracts, conveyances, leases or mortgages, transfers, instruments, acts, deeds and things as shall be necessary or may be deemed proper for or in relation to all or any purposes or matters, of the Trust.
g). To invest the funds of the Trust in the manner provided herein, to open and operate bank accounts, to avail loan from any person or institutions, secured or unsecured, and to charge or mortgage properties of the Trust for this purpose.
h). To do all or any of the things to be done in pursuance of any of the purposes of the trust through agents, managers, technical or general staff and contractors as the committee may from time to time think fit.
i). The Management Committee may delegate all or any of the above Powers to the Managing Trustee individually or to any one or more of its members jointly according to the needs of the operations of the trust from time to time.
j). The Management Committee shall have the power to frame separate rules and bye-laws for the management and administration of each of the institutions established and/or run by the Trust.
k). Each of the institutions run by the trust shall have a separate committee of management formed by the respective institutions, which shall function subject to the supervision and control of the Management Committee.
9.FUNDS AND INVESTMENTS
a) The trust may accept donations, grants, subsidy, bequeaths, legacies, fees for services rendered and other forms of contributions in cash or in kind from persons, organizations and government agencies in India or abroad.
b). The funds of the Trust shall be invested in such mode as may be decided by the
Board of Trustees from time to time in any scheduled/nationalized/co-operative Banks or in securities permitted by the Indian Trust Act, 1882 or in purchase of land or building or construction of building for the attainment of the objectives of the trust or in such other mode of investment as may be decided by the Trustees. However the funds of the Trust shall be invested strictly in accordance with the provisions of Section 11(5) read with section 13(1) (b) of the Income Tax Act, 1961.
c). The trustees shall have the power to borrow money for and on behalf of the Trust on such terms as they deem fit, for implementing the objects herein mentioned
and provide for or secure the repayment of them by way of mortgage or otherwise on the assets of the Trust, present or future. The trustees shall also advance money to the Trust on such terms and conditions as may be agreed upon.
d) For the purpose of the operations of the Trust, the Trustees shall be entitled to open and maintain accounts with any scheduled or nationalized or co-operative banks. In addition to the Bank accounts in the name of the trust bank accounts in any of the above mentioned banks can be opened in the name of the institutions run by the Trust. These bank accounts shall be operated jointly by the Managing Trustee and one among the President or Treasurer whether in credit or overdrawn.
e) The income of the Trust shall be solely utilized towards the objects of the trust and that the funds and assets shall not be utilized for payment to the Settlor or Trustees by way of profit/interest/dividend.
10.ACCOUNTS AND AUDIT
a). The Management Committee shall maintain or cause to be maintained proper books of accounts and supporting receipts, vouchers and records of the income and expenditure, and assets and liabilities of the trust.
b). The accounts of the trust shall be closed on the 31st Day of March each year and a statement of income and expenditure and the Balance Sheet of the financial position and affairs of the Trust as on that date shall be prepared and placed before the Management Committee within 3 months. The annual accounts shall be got audited by a qualified accountant.
11.MEETINGS AND MINUTES
a). The Managing Trustee or any person authorized in this behalf shall convene meeting of the Management Committee at least once in three months by giving intimation/notice a week before the date fixed for the meeting. Nine members or 60 per cent of the total number of Trustees whichever is lower shall form the quorum for the meeting. The meeting shall be presided over by the Managing Trustee or in his absence by any person chosen by the members of the Committee at the meeting.
b). Proper minutes of the meetings of the Management Committee shall be maintained by the Secretary. The minutes of a meeting shall be read and got approved at the subsequent meeting of the Management Committee.
c). The accounts of the Trust for the previous 3 months shall be read and approved at each of the quarterly meetings of the Management Committee.
d). The Advisory Board may meet at such times as may be decided by them.
12.DISCONTINUANCE OF ACTIVITIES
At any time if the trustees are not able to carry on the activities of the trust on their own or even otherwise if they think fit, they shall hand over/transfer the trust properties to any organization, trust or body of persons with object similar to that of this trust or it shall vest with the government.
13.AMENDMENT
The Management Committee shall have power to amend this declaration of Trust as may be decided upon by them. Such amendment shall have effect only with the prior approval of the Commissioner of Income Tax having jurisdiction over the Trust.
14.NON-PROFIT MOTIVE
The trust shall not carry on any commercial activity with the ultimate motive of making profit and division of profit . The income and assets of the Trust shall be applied only for the charitable activities of the Trust as mentioned in the Object clause and for expansion of the institution(s) run by the trust, and the trustees shall have no power to utillise the same for their personal ends.
IN WITNESS WHEREOF EXECUTED ON THE DAY FIRST MENTIONED HEREABOVE
BY P. VINODJI ( Settlor )