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Memorandum:-
- Name of the Society:The
name of the society will be Kirorimal
(K.M.) College of Education (Governing
Body), Bhiwani.
- Location of registered
Office:The registered office of
the society will be situated at
the premises of K.M. College of
Education at Bhiwani.
- Aims and objectives
of the Society:
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- To promote and work for the
spread of Education at Kirorimal
(K.M.) College of Education Bhiwani.
- To work for upliftment of academic,
moral, mental and physical welfare
of students of K.M. College of
Education and / or alike institutions.
- To look after maintenance and
upkeep of college building, playgrounds
etc. which are or which may come
under the control of the society.
- To arrange for safeguard and
security of all the moveable and
immoveable properties belonging
to the institution and / or under
the management of the society
- To carry on smooth and efficient
administration of the institution
under its control and management.
- To employ and / or to remove
any staff or employee of Kirorimal
(K.M.) College of Education or
of any other institution which
may come under the control of
the society.
- To act for welfare of the students
and to promote extra curricular
activities among students.
- To work for welfare of staff
members including teaching staff
of the institution.
- To promote and guide any other
educational activity or programme
aimed at imparting vocational
and / or other training under
the institution or in co-operation
with central / state govt. or
any other recognized agency and
for that purpose receive or pay
grant, assistance or donations.
- To collaborate in management
of any other institution established
by Seth Kirorimal Charity Trust
and make available and / or receive
any assets or cash or in kind
as may be found necessary.
- To invest and arrange for safe
custody of funds and / or valuables
coming in the hands of the Society.
- To acquire land or property
by purchase or otherwise, to develop
and construct any building for
the use of the institution, to
develop surplus land for construction
of any complex and to give it
on rent and for that purpose execute
any document, and / or submit
plans to secure necessary sanction.
Provided always that any income
derived from such investment and
/ or development shall be solely
applied to meet the deficit of
the institution and for development
of the campus.
- That financial commitments,
investment operation and / or
disbursement of surplus funds
in hand shall be under joint control
of members nominated by Seth Kirorimal
Charity Trust and ex-officio secretary
for the time being of the society.
- That decision to take over or
associate with any other institution
shall be worked upon and implemented
only after securing specific consent
of Seth Kirorimal Charity Trust.
- That in matters of realization
of rent or any other matter involving
the immovable assets, Seth Kirorimal
Charity Trust shall be the ultimate
land owner. The Society shall
enjoy the rights of administration
and realization of rents damages,
mesne profit as the case may be
provided further that any act
of omission or commission by the
Society shall not be binding on
Seth Kirorimal Charity Trust.
- To do and cause to be done any
act to achieve all or any of the
objects hereinbefore executed:
- That if any activity or object
of the Trust as set out in Para
3 is found to be outside the scope
of solely educational purpose,
it should be deemed as on est
and shall be deemed to be excluded
from the objects of the society.
- The society can sue and can
be sued in a court of law through
its ex-officio secretary for the
time being.
- That the income and property
of the society shall be applied
solely towards the promotion of
the objects of the society as
set forth in the memorandum of
association and no portion thereof
shall be paid or transferred,
directly or indirectly, to the
members of the society.
- That no member of the society
shall be appointed to a salaried
post of the society, or any office
of profit of the society and that
no remuneration or fees shall
be paid by the society to any
member of Governing Body, except
expenses incurred in due course
and on behalf of the society or
interest for money lent or rent
for a premises that may be demised
to the society. The ex-officio
members will be entitled to receive
their remuneration under the status
for the time being in force.
- That the income or surplus,
if any shall be applied only towards
the promotion of the objects of
the society.
- That in case of winding up or
dissolution of the society, if
after satisfaction of its debts
and liabilities, any property
whatsoever is left in hands of
the society, it shall not be distributed
among the members of the society,
but institutions having objects
similar to the objects of the
society at the instance of and
/or with the consent in writing
of the History trust namely Seth
Kirorimal Charity Trust or handed
over to Seth Kirorimal Charity
Trust itself, if it so desires.
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