DEED OF TRUST

THIS DEED OF TRUST Executed at Chennai on this the 15th Day of May
2017
By
1. Mr. BIJU, son of Mr………… , aged _ years, residing at No. 23,
Thiruvallur Street, Nehru Nagar, Velahery, Chennai – 600 042.
2. Mrs. VISHNU PRIYA son of Mr………….., aged _ years, residing at
No. 151/69 West Kuvam River Road,, Chintadirpet, Chennai – 600
002.

Herein after called the ‘FOUNDER TRUSTEES’

Hereinafter jointly referred to as ‘trustees’(which expression shall, unless

excluded by or repugnant to the context, be deemed to include the trustee
or trustees for the time being of these presents and their successors in
office) of the other part.

WHEREAS the Trustees are desirous of establishing a trust for public

charitable objects.

WHEREAS the Author is desirous of forming a Trust for the purpose of

aiding the patients of cancer and other life threatening diseases and has, for
this purpose contributed a sum of Rs.5,000/- (Rupees Five Thousand only)
towards the corpus of the Trust:

NOW THIS DEED OF TRUST WITNESSETH AS FOLLOWS:

1. The name of the Trust shall be, ‘LIGHT’.

2. The Office of the Trust shall be situated at 151/69 West Kuvam
River Road,, Chintadirpet, Chennai – 600 002 and the address
may be changed as and when found necessary by the Trustees.
 3. The Objects of the Trust shall be any or all of the following:
a. To support of patients suffering from various forms of cancer
and other life threatening diseases.
b. To support the patients to regain their health by way of
providing nutrition and other rejuvenating products, as per
medical advice.
c. To support such patients to re-build their lives emotionally,
financially and socially.
d. To support the patients by training them in vocational skills so
as to enable them to earn a livelihood.
e. To support the families of such patients by contributing to their
children’s education, health of rest of the family and the like.
f. To establish scholarship to support the education of the
children of such patients.
g. To enhance awareness of causes and effects of cancer, and
spread awareness regarding the support required by a patient
afflicted with cancer law, through Workshops, Seminars etc.,
h. To collaborate, work with or enter into a joint-venture with any
other Trust, Society or Organization of any nature nationally
and internationally in furtherance of fulfillment of any or all the
objects of the Trust.
i. Advancement of any other object of general public utility and
relief like conducting seminars on educational advancement,
providing necessary assistance during natural calamities and
such other humanitarian assistance as may be required from
time to time.

4. Trust Fund:

a) The FOUNDER hereby declares that a sum of Rs.5000/-

(Rupees Thousand Only) handed over in Trust and dedicated
 for To support of patients suffering from various forms of cancer
and other life threatening diseases.

and Charitable purposes, shall be held by the Trustees upon Trust and also
any other money or properties which the trust may acquire, from time to
time for augmenting the trust fund.

5. The Founder Trustees:

The Founder Trustees are entitled to nominate any of her legal heirs,
assigns or successors or any other person of her choice as her succeeding
Founder Trustees, who shall also hold office for life and shall also have
identical powers as that of the ‘Founder Trustees’.

The FOUNDER TRUSTEES shall have power to nominate more trustees from
time to time for such period, and the FOUNDER TRUSTEES will also have
the power to remove such trustees including those appointed for life time
before the expiry of the period for which they were nominated.

In case the Founder Trustee dies without nominating another person, as a

Founder Trustees, then the Trustees shall elect one among themselves as
the Founder Trustees who shall have similar rights and duties as that of
the Founder Trustees.

5. MANAGEMENT

(a) The management and control of the assets and the affairs of the
Trust shall vest in the Trustees, who shall have full powers and
authority to deal with the same. The Trustees shall be fully
empowered to frame such new rules and regulations as they deem
fit from time-to-time for the effective management and
administration of the Trust. They shall also have the absolute right
 to alter/vary any rule or regulation to make the new rules and
regulations, provided such rules and regulations are not
inconsistent with the terms and intents of these presents or with
the provisions of Sections 2 (15), 11 to 13 and 80-G of the Income
Tax Act, 1961.

(b) The Trustees shall meet as often as possible but not less than three
times in a year for efficient management of the Trust, to consider
the income and expenditure and for disposing of all such other
matters as may arise in such meetings, notice of which shall be
given to all the Trustees by the Chairperson at least 21 days prior
to the meeting. In cases of matters requiring urgent resolution, a
notice of 3 days will suffice.

(c) At all meetings of the Trustees, three members will form the
quorum.

(d) At all meetings of Trustees, the Chairperson shall chair the

meeting. In his/her absence, the Managing Trustee or the Joint
Managing Trustee, in that order, shall chair the meeting. In the
absence of either, the meeting concerned shall be chaired by any
Trustee chosen by the majority of the Trustees present in the
concerned meeting.

(e) All the proceedings of the meeting of the Trustees shall be recorded
in a Minutes Book kept for the purpose.

(f) Any Trustee who fails to attend three consecutive meetings without
prior intimation or information to the Chairperson shall cease to be
a Trustee, unless a majority of the other Trustees accord him/her
exception on genuine and valid grounds.
 (g) In all matters concerning the functioning of the Trust, decisions
shall be taken by the Trustees present in the meeting either
unanimously or by a vote. The decision of the majority during such
voting shall be final and binding upon all Trustees. The
Chairperson shall only have a casting vote to resolve any stalemate
in decision making and shall not be eligible to vote otherwise. Any
Trustee who substitutes for the Chairperson under Clause 5(d) of
these presents shall only have a casting vote in that specific
meeting.

6. POWER OF THE BOARD OF TRUSTEES:

(a) The trust is not to retain at the end of any financial year more than
10% of the donation collected and also not to hold any immovable
property in the name of the trust, since the trust is purely for the
purpose of assisting, aiding and supporting cancer patients.
(b) Notwithstanding anything contained in these presents, the Board
of Trustees shall have all powers to do things as may be required
for the proper conduct of the Trust and in the interest of the Trust,
whenever such powers are not specifically conferred.
(c) The Board of Trustees shall be entitled to open, maintain and
operate in a Nationalised Bank, a Bank account or accounts in the
name of the Trust or in the name of any of the Institutions
established by the Trust at such Bank or Banks as they may from
time to time decide. They may, at any time, pay or cause to be paid
any monies forming part of the Trust Fund / Institution’s Fund or
the income thereof to the credit of any such account or accounts
either by way of Fixed or Current Account or any other account, .
Any such account shall be operated by the Chairperson together
with the Managing Trustee or the Joint Managing Trustee.
(d) The Board of Trustees shall have powers to maintain and defend
suits or any proceeding before any Court or other Authority and to
 take such other steps as may be reasonable and requisite for the
preservation of Trust Property/Properties, for protection of the
Trust’s title thereto, for establishment of legality of or defending the
activities of the Trust or Institutions established by the Trust and
for the purpose of removing/ameliorating any existing/proposed
restrictions on current/future activities of the Trust or any
Institution established by the Trust. At the discretion of the
Trustees, the Managing Trustee, the Joint Managing Trustee or any
other Trustee or Trustees or such other authorised person(s) shall
represent them in all such proceedings.
(e) The Board of Trustees are bound by all the liabilities cast upon
them under the Indian Trusts Act, 1882, except that the Trustees
shall be accountable only for such moneys, stocks and finds as
shall actually come into their hands and a Trustee shall not be
answerable or accountable for neglect, default, acts or omissions or
commissions of the other trustees, nor of any banker or other
person with whom the trust properties or any securities may have
been deposited or kept.
(f) The Board of Trustees may, at its discretion, sell any immovable
property or properties that the Trust may have been donated to the
trust in future. The Board of Trustees may nominate the Managing
Trustee or any of the other Trustees to execute any deed for such
purpose and to do all such acts for the purpose of carrying such
sales into effect as the Board of Trustees may think necessary. All
monies accruing from any such sale shall be deemed to be part of
the Trust Estate and shall be applied accordingly.
(g) The Board of Trustees may at any time receive voluntary
contributions from any person or persons by donation, legacy, gift,
annual or monthly subscription for the benefit of the Trust. The
Trustees shall apply such contributions in accordance with the
objects of the Trust alone and not for any other purposes.
(h) Proper accounts showing all receipts and disbursements made on
account of the Trust hereby constituted shall be kept by the
 Trustees who shall prepare Receipts and Payment Account, Income
and Expenditure Account and Balance – sheet as on March 31,
every year, which shall be duly audited by a qualified Chartered
Accountant.
(i) The Trustees may from time to time appoint any Accountant, Clerk
and other Officials and employees as the Trustees may deem
expedient, fix and pay their remuneration out of the Trust Fund or
the income thereof.
(j) The Trustees shall not receive any remuneration and when a
Trustee has incurred expenses on behalf of the Trust, the same can
be reimbursed only after the approval of the same in the meeting of
the Board of Trustess.
(k) All the funds of the Trust shall be dealt with under Section 13 of
the Income – Tax Act of 1961.

7. The Trustees shall have the power to determine in case of doubt

whether any moneys or property shall for the purpose of the charity
be considered as capital or income and whether out of income or
capital any expenses or outgoings ought to be paid or borne and every
such determination shall be binding and conclusive provided that
nothing contained shall be deemed to authorise the Trustees to spend
the income or corpus of the Trust for any purpose not authorised by
these presents.

8. The Trust and the Trust funds shall be and irrevocable for all times.

9. The office of the Trust shall be situated at Chennai unless changed by

the Trustees by two thirds majority.

10. It is expressly declared that no part of the Trust property or its income
or any accretion thereto shall be applied for any purpose outside India
 or for any purpose which is not a charitable purpose in law, and all
provisions hereof shall be construed accordingly.

11. In the event of the dissolution or the winding up of the Trust, the
assets remaining on the dissolution shall be transferred to another
Trust, Society or Institution whose objects are similar to those of this
Trust and in no event shall the assets so remaining be distributed
among the Trustees.

12. The terms and conditions of the Deed of Trust shall not be amended
without obtaining the prior written consent of the Commissioner of
Income –Tax.

13. At the time of registration, the Trust has no movable or immovable

properties except the corpus fund OF Rs.5, 000/-.

IN WITNESS WHEROF THE AUTHOR OF THE TRUST HAS AFFIXED HIS

SIGNATURE ON THE DAY, MONTH AND YEAR FIRST ABOVEMENTIONED
IN THE PRESENCE OF WITNESSES ATTESTING HEREUNDER

Witnesses:
1.

Author of the Trust

2.