06 July 2024
Creating a trust deed for opening a school involves specific legal requirements and should ideally be drafted or reviewed by a legal professional well-versed in educational institution regulations. Here’s a basic template outline in English that you can use as a reference:
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**Trust Deed for School**
**Parties to the Deed:**
1. **Name and Address of the Founder(s)/Settlor(s):**
- [Founder/Settlor 1 Name and Address] - [Founder/Settlor 2 Name and Address]
2. **Name and Address of the Trustees:**
- [Trustee 1 Name and Address] - [Trustee 2 Name and Address] - [Trustee 3 Name and Address]
**Recitals:**
1. **Background and Purpose:** - Briefly state the purpose and objectives of establishing the school. - Mention any specific educational goals or philosophies.
**Operative Clauses:**
1. **Formation of the Trust:** - Declare the formation of the educational trust (provide name). - Specify its registration details (if applicable).
2. **Trustees:** - Appoint the trustees and outline their roles, responsibilities, and powers. - Specify the procedures for appointment, resignation, and removal of trustees.
3. **Objects and Purposes:** - Define the primary objects and purposes of the trust, emphasizing educational activities. - Include provisions related to the management, administration, and governance of the school.
4. **Management and Administration:** - Outline the structure of governance, including the roles of trustees, administrators, and any advisory bodies. - Describe decision-making processes, meetings, and voting rights.
5. **Financial Provisions:** - Specify the financial management policies, including budgeting, accounting practices, and audit requirements. - Detail the sources of funds, fee structures (if applicable), and provisions for financial transparency.
**Property and Assets:** - Address the acquisition, management, and disposal of property and assets owned or controlled by the trust. - Include provisions for the use of funds and assets exclusively for educational purposes.
**Miscellaneous Provisions:** - Include clauses on amendments to the trust deed, dissolution of the trust, and other miscellaneous matters. - Ensure compliance with relevant laws, regulations, and educational standards.
**Execution:**
This Trust Deed is executed by the parties hereto on [Date].
**Signatures:**
1. [Signature of Founder/Settlor 1]
[Name of Founder/Settlor 1]
2. [Signature of Founder/Settlor 2]
[Name of Founder/Settlor 2]
3. [Signature of Trustee 1]
[Name of Trustee 1]
4. [Signature of Trustee 2]
[Name of Trustee 2]
5. [Signature of Trustee 3]
[Name of Trustee 3]
**Witness:**
1. [Signature of Witness 1]
[Name of Witness 1]
2. [Signature of Witness 2]
[Name of Witness 2]
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**Note:** This template provides a basic structure and should be customized to fit the specific legal requirements and regulations applicable to setting up a school in India. It's highly recommended to consult with a legal advisor or a solicitor specializing in education law to ensure compliance with all statutory requirements and to adapt the document to local laws, particularly if you require it in Hindi.
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