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FATIMA JINNAH WOMEN UNIVERSITY

EQUITY AND SPECIFIC RELIEF

SUBMITTED TO: Ma’am Uzma Baddar

SUBMITTED BY: Mahnoor Paracha

Submission Date: 27-July-2020

Written Submission

PUBLIC TRUST DEED

Research Project

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TRUST DEED
FOR
ESTABLISHING SCHOLARSHIP

This deed of trust is made at Lahore, on the 1st day of July 2020, by the
following founder Trustees, who will manage the affairs of the trust. All are
Muslim adults, sane and are of good moral character and of sound mind and
have been designed as Chairman, General Secretary and Finance Manager.
The following named Trustees include their survivors, legal heirs,
representatives and collectively known as Board of trustees. The supreme
control, administration, superintendence and management of the Trust’s
Property and its affairs shall vest in the Board of Trustees.

NAME & FATHER’S NAME ADDRESS DESIGNATION

1. Mr. Abdul Razaq Shalimar Chowk, St.#14, Chairman


H# 32, Lahore

2. AhmedHassan GulshanAbad,St.#41, General Secretary


H#29, Lahore.

3. Shehryar Ali Faisal Town, St.#20, Finance Secretary


H#23, Lahore.

4. Afrasiab Hassan New Gulberg, st. #9, Trustee


H#3, Lahore.
PREAMBLE

WHEREAS the donor is desirous of the advancement of legal knowledge for


that purpose wants to create a fund for the purpose of giving prize to the
brilliant students who are in need of financial support to continue their
education. Such award shall be given to each student at University who
achieves aggregate GPA of 3.5 in LL.B degree program every year.

The object of the setting up of the Trust in Universities is to point out


correctly the existing destructive tendencies among the nations of the world,
and to implement the positive steps in regard to research and promotion of
the constructive inclinations for welfare and happiness of mankind.

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NAME OF TRUST

The Trust hereby created to be known as “TRUST FOR ESTABLISHING


SCHOLARSHIP” with its head office at 434, Raza Block, Iqbal Town
Lahore.

WHEREAS the trust is created against a sum of Rs 50 Lac as dedicated by


the Trustees jointly, which will be deposited in scheduled Bank soon after
the execution of the trust deed for the objects and uses herein specified and
upon the terms and conditions, manners, form, for the management to run
and conduct the affairs of the trust. This amount would be increased and
enhanced by gifts, donations, and contributions by individual and donor
agencies and by profit making activities and investments.

THIS DEED OF TRUST WITNESSETH

A trust hereby created shall be called known as “TRUST FOR


ESTABLISHING SCHOLARSHIP” with its head office at 434- Raza
Block, Iqbal Town Lahore and at such other place or places as trustees and
founders may mutually decide.

AIMS AND OBJECTIVES

The objects for which the trust has been constituted are given in the
preamble and include the following:-

1. The Trustees shall spend the said sum Rs.50 LAC (hereinafter
referred to as "Trust fund") in their names in such securities
/bonds as they may think fit and to apply the income there from,
after paying all costs and expenses of or incidental to the
management of the trust fund, giving scholarships to brilliant
students studying in the said University/college/school for the
advancement …………………..legal education.

2. The scholarship be paid from income of  trust fund monthly


valuing at Rs. ___________ to be given to the students studying
in the said University/college/school and have qualified such
examination as laid per regulations of the said
University/college/school or as determined by the trustees from
time being.
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3. If income of the trust fund per year exceeds to what is needed
for above said scholarship it can be applied for the grant of any
such other scholarship and in such way as the
University/college/school may instruct as determined by the
trustees, from time being.

4. Decision of the majority of the trustees shall adjudge matter


concerning trust.
.
5. To promote, organize, establish, finance, administer, manage
and maintain research, for the brilliant students at University.

6. To organize training programmes, workshops, seminars and


walks about various issues and also conduct other social,
activities for objects of the trust.

7. To publish issue and circulate papers, periodicals, Books and


CDs and disseminate other academic and scientific information,
which may appeal conducive to attainment of any of the
objectives of the Trust, to the students falling under the
scholarship criteria.

8. To serve as a centre for promoting co-operative endeavor and


interaction between Pakistani scholars and institutions as well
as between Pakistani and foreign scholars and institutions.

9. To establish and maintain Libraries, research facilities and


others amenities for the promotion of knowledge, learning and
research.

10.To receive any property, real personal or mixed in trust under


the terms of any will, deed of trust, or other trust instruments
and in administering the same, carry out the direction and
exercise the powers contained in the trust instruments under
which the property is received, including the expenditure of the
principal as well as the income for one or more such purposes if
authorized or directed in the trust instruments under which it is
received.

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11.To award prizes, medals and certificates in recognition of
services to the promotion of objectives of the trust..

12.To organize functions, activities, work shops for the purpose of


raising funds.

13.To purchase, take on lease, exchange hire or otherwise acquire


any machinery, equipment, instruments or installations to
provide services in the field of Law and furtherance of
objectives of the Trust.

14.To establish training institutes for the Law students (only to


students having GPA of 3.5 or above) to raise and develop their
skills on advance basis.

15.To establish an institute for the Law studies to provide highest


quality educational programmes, materials and training.

16.To provide free education, Books to the brilliant students


(having GPA 3.5 or above) and also grant scholarship to the
intelligent and hardworking students.

17.Full use of electric as well as print Media for the achievement


of the avowed objectives of the Trust.

18.To do all lawful things for the fulfillment of above mentioned


aims and objectives.

POWERS AND DUTIES OF THE OFFICE BEARERS

Following are the powers and duties of the office bearers:-

CHAIRMAN

1- He will supervise all the matters of the trust.


2- All the meetings will be presided over by the Chairman.
3- He can call or adjourn any meeting according to the situation.
4- He can exercise special opinion/power in case of equal votes.
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5- He will be empowered to check accounts, sign account books.
6- He will be the Chief Administrator of the trust.

GENERAL SECRETARY

He will be responsible:

1- To keep the record of the trust in safe custody.


2- To record the minutes of the meeting of the executive body.
3- To prepare and circulate the agenda of the meeting.
4- To manage the collection of funds, subscription and grants from the
public to meet the expenses of the trust.
5- To maintain accounts books and make arrangements for the Annual
Audit.
6- To perform all executive functions on behalf of the trust.
7- To perform any other duty which the board may, from time to time,
assign to the general secretary.

FINANCE SECRETARY

He will be responsible:
1- To keep the record of the trust in safe custody.
2- To deposit the accounts in the bank approved by the executive
body.
3- To draw the amount from the bank through cheques.
4- To prepare the balance sheet and budget estimate of the trust.
5- To maintain all financial books of the trust.
6- To receive all donations, grants, fee etc. and to issue receipts to the
payees.

SOURCE OF INCOME

1- Membership fee/admission fee.


2- Grants.
3- Gifts.
4- Donations from generous persons etc.
5- Zakat.
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6- Income from profitable business.

BANK ACCOUNT

The bank account will be opened in the name of the Trust in any scheduled
bank. The bank account will be operated and cheque will be signed by two
of the followings:-
1) Chairman, (2) General Secretary, (3) Finance Secretary

MEETINGS

The meeting of the trust will be held as and when the governing body
members deem fit, or as and when exigency of the Trust demands but
necessarily once in a month. For this purpose a prior notice of 10- days will
be issued to all concerned. The agenda will be sent to all concerned one
week before such a meeting.

POSTPONEMENT OF MEETINGS

The chairman will be empowered to call for the meetings and in case of any
unpleasant situation, the meeting shall be postponed. In case of death or
resignation, the executive body in its special meeting will fill the vacancy.

AUDIT

Qualified auditor/ITP or C.A will hold the audit annually.

QUORUM

The quorum will be 2/3 of the total trustee/members of the trust.

AMENDMENT

The amendment in the constitution will be made by 3/5th majority of the total
trustee/members as and when the governing body members deem fit in the
interest of the trust. This will be in accordance with the provisions of section
12, of the Societies Registration Act 1860.

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DISSOLUTION

If the trust is to be dissolved, its assets and liabilities, would be transferred to


a trust having identical aims and objects duly approved under section 13, of
Societies Registration Act, 1860. The exemption from tax will be sought
from the competent authority like commissioner income Tax under section
2(36) of the Income Tax Ordinance 2001. The renewal of the exemption will
also be applied regularly as required under law.

VERIFICATION

Verified by the undersigned that the rules and regulations are true and
correct to the best of our knowledge.

NAME DESIGNATION SIGNATIURE

1. Mr. Abdul Raza Chairman ___________

2. AhmedHassan General Secretary ___________

3.Sheryar Ali Finance Secretary ___________

4.Afrasiab Hassan Trustee ____________

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