திங்கள், 24 ஆகஸ்ட், 2009

Proceeding of the Trust

13. (a) Proceeding of the Trust :

1) The Trustee may met as often as may be necessary for the conduct of the business of the trust.

2) The quorum required for a meeting of the board of trustees shall be 3/4th of the trustees. In the case of meeting adjourned for wan t of quorum, the members present shall themselves. Constitute a quorum subject to a minimum of two.

3) The Managing Trustee of the trust and his absence or inability any other trustee elected as Managing Trustee as elected for the time being shall preside over the meeting of the Trust.

4) All decisions of the board of trustees may be taken by a simple majority except as expressly provided for otherwise herein. The Managing Trustee of the meeting shall be entitled to a casting vote in the events of equality of votes at a meeting.

5) No vacancy of the board of trustee and no irregularity in appointing any trustee shall invalidate any act or decision of the board or trustees.

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