அறக்கட்டளைப் பத்திரம் (தொழில் வியாபாரம்)
The அறக்கட்டளைப் பத்திரம் (தொழில் வியாபாரம்) is a Tamil model trust deed issued as official guidance for registration in Tamil Nadu. It provides fillable clauses for creating and managing a non-profit charitable trust, including its objectives, trustees, finances and property powers. The supplied document does not identify an issuing department, order number or issue date.
What the document covers
The அறக்கட்டளைப் பத்திரம் (தொழில் வியாபாரம்) is a fillable trust deed rather than a completed record. It allows a founder to enter personal details, the initial capital, trustee names, meeting intervals, financial limits and other particulars.
The model objectives focus on folk arts and social welfare. They include spreading awareness of government welfare schemes, supporting economically disadvantaged people, organising street theatre artists, providing skills training, producing health films and raising awareness about serious diseases. Benefits must be available without discrimination based on caste, race or language, and all activities must take place within India.
Who may be affected
The அறக்கட்டளைப் பத்திரம் (தொழில் வியாபாரம்) is relevant to founders and trustees preparing a charitable trust deed. Donors, lenders, banks and people dealing with trust property may also need to check whether actions are authorised by the trust board and signed by the required trustees.
The deed appoints a founder and chairperson trustee, secretary trustee, treasurer trustee and other trustees. Trustees hold office for life. Remaining trustees may fill a vacancy with a person interested in the trust's objectives, and an unfilled vacancy does not invalidate the actions of the other trustees.
Governance and accounts
Key administrative provisions include:
- The trust board must meet at the interval entered in the deed and may meet additionally when necessary.
- Meeting notice and the agenda must normally be given one week in advance.
- Decisions may be unanimous or made by majority vote. The chairperson trustee has a casting vote when votes are equal.
- A trustee acting against or obstructing the objectives may be removed by a majority decision.
- Proper income and expenditure accounts must be maintained.
- An annual meeting must be held by April 30 each year.
- A chartered accountant appointed by the trust board must audit the annual accounts for board approval.
Money and property
The அறக்கட்டளைப் பத்திரம் (தொழில் வியாபாரம்) requires all trust property to stand in the trust's name. Property documents must be executed by both the chairperson trustee and secretary trustee.
Bank accounts may be opened with nationalised or scheduled banks. Any two of the chairperson trustee, secretary trustee and treasurer trustee must jointly operate banking transactions. Trust funds may be used only for trust objectives. Trustees cannot receive salary, bonus or similar distributions, although reasonable travel expenses may be allowed by board resolution.
The trust is non-profit and irrevocable. If it cannot continue, its assets must be transferred to another registered trust with similar policies. Matters not covered by the deed are governed by the Indian Trusts Act.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Does this document itself transfer any land or building to the trust?
No specific land or building is identified in the supplied template. It records a blank amount for initial capital and provides that property acquired later will become part of the trust's assets.
In whose name must trust property be registered?
All trust property must be held in the trust's name. Documents concerning the property must be executed by both the chairperson trustee and secretary trustee.
Can trustees take a salary from the trust funds?
No. Trustees cannot take salary, bonus or similar payments from trust funds, but reasonable travel expenses may be allowed as decided by the trust board.
What happens to the property if the trust can no longer operate?
The assets must be transferred to another registered trust with similar policies. The deed also states that the trust is irrevocable.
