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| Bye-Laws |
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Without prejudice
to the generality of the power vested in the
Trustees under any law for the time being in
force, the Trustees shall have, inter-alia,
the following powers:- |
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a. |
To accept donations , contributions,
grant and subscriptions in cash or in the
kind from any company, firm, persons or
trust or body for the furtherance of the
objects of the Trust. |
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b. |
To apply the whole or part of the income
only and not the corpus of the Trust Fund
for one or more of the objects of the Trust
as the Trustees may in their discretion from
time to time determine. |
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c. |
To convert and deal with the Trust property
and /or to vary from time to time the
investments for the time being. |
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d. |
To invest and keep
invested the Trust Fund either in the
purchase or mortgage of immovable property/
properties, shares, debentures or others
securities and investments whether
authorized by the Indian Trust act or not
and to alter, vary or transpose such
investments from time to time as the
trustees shall in their discretion think
fit. |
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e. |
To raised loan from any Nationalized bank or
institution or institutions or Financial
Institutions or organizations or to borrow
or raised or secure payment or money and
also to lean money with or without security. |
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f. |
To sell, dispose of, alienate or otherwise
deal with any Trust property movable or
Immovable |
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g. |
To let and demise any immovable property
comprised in the Trust for such period , at
such rent and on such terms and conditions
as the Trustees in their absolute discretion
shall think it. |
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h. |
To open bank account or accounts with any
nationalized bank/banks, to operate the same
and to take loan/finances from any
bank/banks or financial institutions and for
such purpose Mrs. Sabita Dhungel would have
authority/power to open or operate the said
account or accounts in the name of the
trust. In case of death of Mrs. Sabita
Dhungel or her otherwise ceasing to be
Trustees would operate the said accounts. |
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i. |
To adjust, settle, compromised, compound and
refer to arbitration all actions, suits,
claims, demands and proceedings regarding
the Trust and to demand and sue or to
commence, prosecute or enforce or to defend,
answer or to oppose all actions and
proceedings if any of the matters relating
to the administrations of the Trust and for
such purpose to authorized any of the
Trustees to sign and verify pleadings, to
sign Vakalatnamas and to appear in the
Courts and to do all for prosecutions and /
or defending any legal action/actions. |
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j. |
To appoint a Co-Trustees or any other person
as Constituted attorney or agent or manager
and to delegate to such attorney or agent or
manager all or any of the power vested in
the under these presents and from time to
time remove such attorneys or agents or
managers and to appoint other or others in
his, her or their place. |
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k. |
To make , very, alter or
modify schemes, rules and regulations fro
carrying out the objects of the Trust and
for the management of the affirms thereof
and for running any institution in
furtherance of the objects of the trust and
otherwise for giving effect to the objects
of the Trust. |
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| l. |
To appoint teachers,
lecturers, [professors, instructors,
officers, clerks, care-takers and servants
on permanent or temporary basis as they may
from time to time think fit and to determine
their powers and duties and to fix their
salaries or emoluments (if any) and to
suspend, remove or dismiss all or any of
them as occasions may arise. |
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| m. |
To constitute or provide
for the constitutions of Boards of
management or Managing Committee for the
Trust's Schools and other educational
establishments and institutions and to make
rules and regulations for the working
thereof with due regard to the relevant
Government regulations |
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| n. |
To start, abolish,
discontinue and restart any educational
establishments and institutions and to
impose any condition for and in respect of
any subscription or donation made by donors. |
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o. |
In the events of any property belonging to
the Trust being acquired or requisitioned,
to get the compensation or statutory
allowance payable for such acquisitions or
requisition duly fixed and to receive,
collect and realized or to cause to be
received, collected and realized all such
compensation or statutory allowances and /or
all other money as and when payable |
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| p. |
To apply and obtain bonus and right
shares and /or other privileges and rights
which may occur or arise or may become
payable on account or investments for the
time being. |
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| q. |
To take all legal actions
that may be required in course of the
management of the Trust and to delegate of
the Trust and to delegate such powers and
authorities from time to time as may be
necessary to any person or bodies for the
purpose. |
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