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TRUST DEED FOR ESTABLISHMENT OF A TEMPLE
THIS TRUST DEED is made on this ________ day of ____________ between
Sh.______________ s/o Sh._____________r/o _________________ hereinafter referred to as "
the Donor" of the one part
AND
Sh. __________________, Sh.__________________, and Sh._______________ (hereinafter
referred to as "the trustees," which expression shall include the trustee or trustees for the time
being) of the other part.
WHEREAS the founder is desirous of establishing a Hindu temple for worship and for the
promotion and encouragement of Hindu culture and philosophy and for the said purpose
proposes to provide a plot of land situated at ___________ more particularly described in the
schedule annexed hereto and also to settle a sum of Rs.________ upon trust to the trustees for
construction of the temple at the said plot of land.
NOW THIS DEED WITNESSETH AS FOLLOWS:
1. In pursuance of his desire, the Donor hereby convey, assigns and transfers ALL that land
described in schedule I annexed hereto and the sum of Rs.____________ for establishing a
Hindu temple for worship and for the promotion and encouragement of Hindu culture and
philosophy.
2. The trustees shall utilise the money provided by the donor for the construction of a temple on
the said plot of land as per the plan described in schedule II annexed hereto and on completion of
the said temple the deities of ________________________ shall be installed thereon in
accordance with Hindu rites and ceremonies.
3. The trustees shall have power to appoint/ remove such no. of priests for performing Puja and
for celebrating festivals and other employees for the upkeep and maintenance of the temple as
they may think fit.
4. The expenses of the temple including expenses on celebrating festivals shall be met out of the
income of the temple i.e. donation received /money offered to the deities. In case of any
deficiency, the expenses can be met out of the corpus of the trust fund. In case of any surplus, the
Trustees shall have power to invest such surplus funds in such securities/bonds as they may think
fit.
5. The trustees shall also have power to borrow money for the expenses of the temple on the
security of the trust property except the temple.
6. The trustees shall maintain proper books of accounts for the donation received /money offered
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to the deities and for the expenses incurred on various accounts, on a daily basis. The trustees
shall also get the accounts audited by a Chartered Accountant as per the provisions of the Income
Tax Act.
7. The matters relating to the trust will be decided by the decision of the majority of the trustees.
8. In case there is any vacancy amongst the trustees due to the death or resignation or incapacity
of any trustee or otherwise the donor shall appoint other trustee to fill up the vacancy and in case
the donor is not alive, the remaining trustees shall make the appointment.
9. The trust shall be a public charitable trust and the trust fund shall in no case revert to the donor
of the trust or any of his descendents or to any other person.
10. The trust fund shall not be utilised for any other object except for those for which the trust
has been created.
IN WITNESS WHEREOF, the parties hereunto have signed this deed this _________ day of
__________.
Witness:
1. The Donor
2.
Sh.____________
The Trustee
Sh.____________
The Trustee
Sh.____________
The Trustee