INDIA NON JUDICIAL
Government of National Capital Territory of Delhi
FUNDS:
The Trustees may accept donations, Nominal charges of marriage hall, grants, subscription, aids or contributions from any person, Government, Local authorities or any other charitable institution, in cash or in kind including immovable property without any in remembrance, but the Trustees shall not accept any receipt with any condition or terms inconsistent with the objects of the trust. While applying such receipts to the objects, the trustees shall respect the directions, if any by granter. Any receipt with specific directions to treat the same as part of the corpus of the Trust or separate fund shall be created accordingly.
INVESTMENT:
All monies, which shall not immediately required for current needs shall be invested by the Trustees in eligible securities and investments, or in schedule bank/s as mentioned under sub section 5 of section 11 of Income Tax Act, 1961 as 10 amended up to date. Such investment shall be in the name of Trust or Trustees.
TRUSTEES :-
The number of Trustees shall at no time be less than Four or more than eleven. The following shall be the first Trustees: –