10. Properties of the Trust
1. All the properties, assets and funds of the Trust shall vest in and be held in the name of Trust. The Trust does not possess any immovable property as on this date.
2. All surplus funds of the Trust, not immediately required for expending shall be invested in future in such manner as may be approved by provisions of the section 11(5) read with Sec. 13 (1) (d) of the Income Tax Act 1961.
3. Any grants and contribution that may be made to the said Trust by the Government of India or by the Government of Tamilnadu or by any other Government.
4. Such sum or sums as may be contributed, gifted, donated or bequeathed by any person to the said trust or contributed by the Trustees from time to time either as accretion to the corpus or otherwise.
5. All sums and assets which by any means become the property of the Trust.
6. At present there is no any movable or immovable properties owned by the Trust except the initial corpus Fund.
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கருத்துகள் இல்லை:
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