TRUST DEED OF A GENERAL CHARITABLE TRUST

This Deed of Public Charitable Trust executed on this 10th day of August 2006 (10-08-2006) between Shrimati Chandralekha Sreenivasan, aged 56 years, wife of Shri. T.P.Sreenivasan, Resident of 171A, Bhagawathi Nagar, Kowdiar.P.O., Thiruvananthapuram 695 003, hereinafter called the 'Settlor/Founder'(which expression shall, unless excluded by or repugnant to the context, be deemed to include her executors, administrators and representatives) of the one part, and

(1) Shri.K.P.S.Menon, former Foreign Secretary, Resident of “Jacinth”, Kowdiar Road, Thiruvananthapuram 695 003, (2) Shri.Thomas Abraham, former Ambassador, Resident of Apartment 2C, Windbrook Place, Vellayambalam, Thiruvananthapuram 695 010 (3) Justice M.R.Hariharan Nair, former Judge of the Kerala High Court, Plot No 64, Linlk Valley, Kakkanad, Kochi. (4) Shri. BCN Kurup, former Air Vice Marshal, resident of ‘Sushantam’, MR Hills, Manacaud.P.O. Thiruvananthapuram 695 009 (5) Shri. George.Thomas P, Resident of “Christina”, Ambalathunada, Mukkola, Thiruvananthapuram 695044 (6) Shri. K.Srikanth, Managing Director, Skyline SFS, Resident of Nachiketam, Poojappura, Thiruvananthapuram 695012, (7) Dr.P.P.Vijayan, legal consultant, Resident of Vadayakkadu, Vanchiyoor, Thiruvananthapuram 695 035 and (8)…Shri.T.P.Sreenivasan, former Ambassador, Resident of 171 A, Bhagawathi Nagar, Kowdiar, Thiruvananthapuram 695 003

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.

And whereas the Settlor/Founder is desirous of establishing a Trust for public charitable objects.

And whereas theTrustees have, at the request of the settlor, agreed to act as the first Trustees of these presents as testified by their being parties to and executing these presents.

And whereas it is necessary to declare the objects and terms of the public charitable trust, being constituted under these presents.

 

Now this indenture witnesseth as follows

1. That, in order to effectuate her aforesaid desire, the Settlor/Founder has set apart and handed over to the trustees, a sum of Rs.1000 (Rupees One Thousand only) (hereinafter called the 'Trust Fund' which expression shall include cash and any other property or investments of any kind whatsoever into which the same or any part thereof might be converted, invested or varied from time to time or which may be acquired by the Trustees or may come to their hands by virtue of these presents or by operation of law or otherwise howsoever in relation to these presents), and the Trustees shall hold and stand possessed of the same upon the Trust subject to the powers, provisions, agreements and declarations hereinafter contained.

2. That the name of the trust shall be The Kerala International Centre Trust and its office shall, for the present, be situated at171A, Bhagawathi Nagar, Kowdiar. P.O, Thiruvananthapuram 695 003 and/or at such other place or places as the trustees may decide from time to time.

3. That the objects for which this trust is established are:

    • (a). Create a forum in Kerala for those who are interested in foreign affairs to share their interests and insights.

      (b). Study international relations as they impact on India. 

      (c). Provide a regional perspective on the regions and issues in which Kerala has a special interest such as the Gulf, Sri Lanka etc. 

      (d). Create an informed audience that will understand and analyze foreign policy so that policy implementation is smooth. 

      (e). Strengthen India’s democratic institutions to enable coherent and reasoned policy- making.

      (f). Study the political, economic, social, educational and scientific developments in Kerala, which may have an impact on international relations. 

      (g). Study the strategic environment of India. 

      (h). Work towards achieving international peace, harmony and co-operation. 

      (i). Study of the UN and other international organizations and assist implementation of their programmes in development, health, education, culture etc.

4. The Centre will engage in the following activities in pursuance of its objectives:

5 The Trust Fund will comprise of the initial fund, which may be augmented by donations and other contributions from time to time.

6. Those who contribute Rs.10,000/ each shall be Life Members, Ordinary members may be admitted on payment of annual contribution of Rs.1000 each. Association of relevant institutions and organizations will be considered, as appropriate. The members will be able to participate in the activities of the Centre on a priority basis and advise the Centre on its activities.

7.The Trustees will select one among them who will act as the Managing Trustee (Director General), who will take care of the administration of the Centre with the necessary supporting staff under the direction of the Board of Trustees. He will convene meetings of the Board of Trustees, organise activities, maintain accounts and report to the Trustees from time to time

8. The Trust Fund shall not be applied for any purpose other than those specified in Para 3 herein above.

9. The Trustees shall ensure maintenance of proper accounts of the Trust which shall be kept at the office of the Trust.

  • (a). Research on selected topics

    (b). Seminars, discussions, conferences

    (c). Consultancy services

    (d). Guidance for competitive examinations

    (e). Publications

    (f).Interaction with non-resident Keralites

     

     

    • (g). Setting up and operation of a modern library.

      (h). Other activities authorized by the Board of Trustees

    10. For the furtherance of the objects of the Trust, the Trustees shall have the following powers:

    (V)To transfer and hand over the Trust to any other Society, Corporation, Institution, Trust or Organisation on such terms and conditions as the Trustees shall in their absolute discretion think fit and proper to be held by the Society, Corporation, Institution, Trust or Organisation with the powers, provisions, agreements and declarations, appearing and contained in these presents subject to such modifications as may be necessary and consequent to such transfer of the Trust fund. The Trustees for the time being of these presents shall become discharged from the Trust thereof relating to Trust Funds so transferred.

     

     

    • (a). To accept any donation, contribution, grant or subscription in cash or in kind, from any person(s), body of persons or trust, with or without conditions.

      (b). To apply the whole or any part of the income of the Trust, or the Trust Fund or accumulations thereto, to any one or more of the objects of the Trust, as the Trustees may, in their discretion, deem fit from time to time.

      (c). To convert and deal with the Trust property and/or any investments for the time being.

      (d). To invest the Trust Fund either in the purpose of mortgage of immovable property or in shares, stock or debentures or other securities and investments, or in deposits with or loans to any company, bank, firm or any other person, and to alter, vary or transpose such investments, from time to time at the discretion of the Trustees.

      (e). To borrow or raise or secure payments of moneys and also to lend money either with or without security.

      (f). To sell, dispose of, alienate or otherwise deal with any property comprising the Trust Fund.

      (g). To let out, demise any immovable property comprised in the Trust Fund for such period and at such rent on such terms and conditions as the Trustees in their discretion may think fit.

      (h). To open account in the name of the Trust, Trustees and/or Institutions run/ conducted by the Trust with a Bank or Banks, to operate such account and to give instructions to the Bank and to provide for opening and operation of such account by one or more of the Trustees or by an agent appointed by the Trustees.

      (i). To adjust, settle, compromise, compound, refer to arbitration, all actions, suits, claims, demands and proceedings regarding the Trust Fund.

      (j). To appoint constituted attorneys or agents and to delegate to such attorneys or agents all or any of the powers vested on them under these presents and from time to time remove such attorneys or agents and to appoint other or others in his or their place.

      (k). To appoint or make provision for the appointment of any person (including all or any of the Trustees and committees or administrator or Managing Trustees or otherwise) for the purpose of the administration of the Trust in such manner and subject to such rules and regulation as the Trustees may prescribe and also to appoint or provide for the appointment of separate Trustees to hold any fund or investment subject to the provisions of this Deed in such manner and subject to such rules and regulations as the Trustees may from time to time think fit

      (l). To make, vary, alter or modify schemes, rules and regulations for carrying out the objects of the Trust and for the management of the affairs thereof and/or running any institution in furtherance of the objects of the Trust and otherwise for giving effect to the objects of the Trust.

      (m). To start, abolish, discontinue and restart any charity or charitable institutions for the benefit of general public and to impose any conditions to any subscription or donation made by them.

      (n). To set apart and/or allocate the whole or a part of the income or the corpus of the Trust Fund or part thereof for any of the objects of the Trust.

      (o). To settle all accounts and to compromise, compound, abandon, or refer to arbitration any action or proceedings or disputes, claim, demand or things, as deemed proper for such purpose without being responsible for any loss occasioned thereby.

      (p). To borrow moneys either on the security of any property comprised in the Trust Fund or otherwise for all or any of the purposes of these presents, and it shall be lawful for the Trustees to make such borrowings on payment of such interest and otherwise on such terms and conditions as they may in their absolute discretion think fit.

      (q). To apply to the Government, public bodies, urban, local, municipal, district and other bodies, corporation, companies, or persons for and to accept grant of money and of aid, donations, gifts, subscriptions, and other assistance with a view to promoting the objects of the trust and to discuss and negotiate with the Government Departments, public and other bodies corporations, companies or persons, scheme and other work and matters within the o6jects of the Trust and to conform to any proper condition upon which such grants and other payments may be made.

      (r). To establish, promote, manage, organise or maintain or to assist in establishing, promoting, managing, organising, or maintaining any branch of the Trust or any other Trust or its branch with objects similar to those of this Trust and to promote or carry on the affiliation or amalgamation of such other Trust with this Trust.

      (s). To take over, acquire, manage, control or aid any existing institution or institutions having objects either wholly or in part similar to the objects of this Trust and on such terms and conditions as may be thought expedient.

    11 The Trustees shall be accountable only for such moneys, stocks, shares and funds 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.

    12 .The Trustees will not be entitled to receive any remuneration, but the Trustees may reimburse themselves all expenses actually incurred by them in connection with the Trust or their duties relating thereto.

    13. The number of the Trustees shall not be less than three and more than eight. If the number of the Trustees shall fall below three, the Trustees shall not, except for the purposes of filling any vacancy, act so long number is below the said minimum.

    14. The Managing Trustee will be at liberty to appoint additional Trustees within the number mentioned above for such period or on -such terms as to retirement and re-appointment as the Trustees for the time being considered proper. A person shall cease to be a Trustee either: (i) if he without leave of absence does not attend three consecutive meetings of the Trustees or for one calendar year, whichever is longer, or (ii) if he is requested to resign by 3/4th or as near thereto as possible of the remaining Trustees

    15. Every Trustee will be at liberty to resign on giving one month's notice of his intention to do so after tendering all the assets of the Trust, which may be in his custody.

    16. The Trustees may from time to time frame rules for the conduct and regulations of the meetings of Trustees. In the absence of such regulations:-

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  • (a) Three Trustees shall form a quorum for a meeting of the Trustees.

    (b) All matters will be decided by consensus by the Trustees.

    (c) Resolution passed without any meeting of the Trustees but by circulation thereof and evidenced in writing under the hands of two thirds of the trustees shall be as valid and effectual as a Resolution duly passed at a meeting of Trustees.

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  • 17. The accounting year of the Trust shall be the financial year ending on 3lst March every year.

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

    19. The office of the Trust shall be situated at 171A, Bhagawathi Nagar, Kowdiar P.O., Thiruvananthapuram 695 003, unless changed by the Trustees..

    20. It is expressly declared that no part of the Trust property or its income or any accretion thereto shall be applied for any unlawful purpose, and all provisions hereof shall be construed accordingly.

    21. In the event of any dispute arising out of this Trust Deed, between the Trustees or with regard to the interpretation of the Deed or the rights, liabilities or duties of the Trustees or any third party dealing with the Trust, the place and jurisdiction shall be within the jurisdiction of the High Court of Kerala.

    In witness whereof the parties hereto have hereunto seen and subscribed their respective hands, on the day, month and year first mentioned hereinabove.

    1. Chandralekha Sreenivasan Settlor/Founder

    2. K.P.S.Menon, Trustee

    3. Thomas Abraham, Trustee

    4. .M.R,Hariharan Nair, Trustee

    5. B.C.N.Kurup, Trustee

    6. George Thomas.P, Trustee.

    7. K.Srikanth, Trustee

    8. P.P.Vijayan, Trustee

    9. T.P.Sreenivasan, Trustee

    Witnesses

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