The Chairman may appoint one of the Trustees as Secretary of the Trust. If the work load becomes such that a part-time or full-time paid

Secretary becomes necessary, the appointment will be sanctioned by the Board.			

 13. VACATION OF THE OFFICE OF THE TRUST

 Subject to the provision of the Trust Act, 1882 (11 of 1882) the office of a Trust shall be declared vacant by the Board on his death, resignation

 or incapacity die to ill-health. 

14. MAINTENANCE OF ACCOUNTS

   i. All moneys received by the Board on account of the Trust or any institution owned by the Trust shall be deposited in the name of the Trust

   with any schedule bank or banks, provided that the Vice-Chairman or Secretary may keep in hand a sum not exceeding Rs. 10,000/- (rupees

   ten thousand only) or as approved by the Board from time to time to meet the day-to-day expenses;

   ii. The Board shall ensure that all funds of the Trust are either utilized or invested as requiredby the law. Balance in bank or banks shall not 

   exceed 25 percent of the funds of the Trust. The amount exceeding will be invested in Government Securities, Savings Certificates, NIT,

   etc., under intimation to the appropriate Government authorities;

   iii. The bank account of the Trust shall be operated by two (2) persons, mentioned below as authorized by the Board:-

	a) Chairman; and

	b) Vice Chairman

   iv. In case of absence of Chairman or the other signatory member, the Vice Chairman and other Executive Member can operate 

   bank account with the approval of the Board;

   v. The Vice-Chairman shall arrange to maintain regular accounts of the income and expenditure of the Trust and get the accounts audited by

   qualified chartered accountants. 

   The audited accounts shall be presented at the Annual Meeting of the Board for their scrutiny and approval. The accounting year will be the

   financial year.

(7)