DEED OF CHARITABLE TRUST
Deed date: 1 April 2026
This deed is made by Harpreet Singh, of House 118, Sector 21, Chandigarh (the Settlor), in favour of the trustees named below, who accept the trust.
NAME AND OFFICE
The trust is called Sri Guru Nanak Seva Trust (the Trust). Its office is at Sector 22, Chandigarh.
FIRST TRUSTEES
The first trustees are: 1. Harpreet Singh, son of Gurdev Singh, Sector 21, Chandigarh; 2. Naina Kaur, wife of Harpreet Singh, Sector 21, Chandigarh. Each of them accepts the trust by signing this deed and promises to carry it out faithfully.
OBJECTS
The Trust is created only for public charitable purposes. Main purpose: Relief of the poor. What the Trust will do: Run a free evening school for children from low-income families in Mohali and Chandigarh..
No part of the Trust's income or property may be used for the private benefit of the Settlor, a trustee, or a relative of either. A trustee may be repaid expenses actually and properly spent for the Trust, and may be paid reasonably for a separate service actually given, only so far as the law allows and the other trustees approve in writing.
TRUST PROPERTY
The Settlor transfers to the trustees, to hold on the trusts of this deed, the following starting property: A sum of money paid into the trust bank account, described by amount and date.. Nature of the starting property: Money or movable property only. Later gifts and donations that the trustees accept become part of the Trust property and are held on the same trusts.
MANAGEMENT
The trustees manage the Trust. Decisions are taken by a majority of the trustees present at a meeting that has a quorum. A meeting needs at least 2 trustees present to decide anything. Minutes of every meeting are written down and signed by the person who chaired it.
ACCOUNTS
The trustees keep proper accounts of everything the Trust receives and spends, have them examined every year as the law requires, and keep them open to inspection by any trustee.
BANK ACCOUNT AND INVESTMENT
The Trust's money is kept in an account in the Trust's own name, operated by the persons the trustees authorise by resolution. Money not needed at once is placed only in the forms of investment that the law allows a charitable trust to use.
NEW AND RETIRING TRUSTEES
A vacancy in the office of trustee is filled by the continuing trustees, who appoint a new trustee by a written deed. A change of trustees is recorded in a written deed signed by the retiring trustee and the continuing trustees, and the new trustee accepts the trust in writing.
TAX REGISTRATION AND FOREIGN CONTRIBUTION
Tax registration: The trustees intend to apply for income-tax registration and donor-deduction approval. Any income-tax registration or donor-deduction approval (the 12A/12AB and 80G registrations, or their equivalents under the Income-tax Act, 2025) is applied for in the Trust's own name by the trustees, who keep to the conditions of whatever is granted. Foreign contribution: The Trust will not accept foreign contribution.