State level units for better services
State-level units are being strengthened with the goal of expanding union services and joining members. NARA, This Deed of the Trust is executed on every year. That the founders are desirous of establishing in perpetuity a fund for the following aims and objectives:
i) To promote, safeguard and defend the professional interests, welfare and status of working journalists;
ii) To promote and maintain the highest standards of professional conduct and integrity and to strive for and defend the freedom and independence of the media;
iii) To provide financial assistance to journalists in need and to give pension, unemployment, sickness and death benefits or other kinds of benefits to members of the National Active Reporters Association (N.A.R.A.) and its affiliates in the states.
iv) To give financial assistance to the National Active Reporters Association (N.A.R.A.) and its affiliate units so that they can strengthen the trade union movement among media workers, including working journalists;
v) To arrange for training of journalists to improve their professional skills and to establish and maintain institutes of journalism and to give financial support to institutes and schools of journalism established by the National Active Reporters Association (N.A.R.A.) and its affiliate units;
vi) To institute fellowships to help journalists conduct research and publish books on media related subjects;
vii) To strive for the betterment of working conditions of journalists, especially with regard to salary, remuneration, conditions of service, tenure of office, allowances and facilities for the due discharge of their responsibilities without fear or favour;
viii) To help safeguard and promote interests of journalists generally, and to help them secure employment;
ix) To work for and promote legislation for the economic and professional welfare of journalists and for the proper development of the media free from outside control;
x) To establish and maintain libraries for the use of media persons and to promote amenities for recreation and cultural activities;
xi) To collect, classify and circulate statistics and other information relating to the media and to do all things conducive to the growth of a free and powerful media;
xii) To publish newspapers, journals, research papers, reports, booklets, brochures, and books and to set up media news agencies for print and electronic media and to own, maintain and run printing presses and acquire modern information technologies for the dissemination of information;
xiii) To own, construct and maintain buildings for the benefits of journalists, to acquire property of every kind, to sell, mortgage or otherwise alienate or convert them into money or to raise funds through donations or otherwise and to do all such things that are incidental or conducive to attainment of the above objectives or any of them.
3. AND WHEREAS for the above said purposes, the founders have collected RS. 11,000 (Rupees eleven thousand only) that are available with them.
4. AND WHEREAS the Trust will be called NARA WELFARE FOUNDATION (hereinafter called Foundation). The office of the Foundation shall remain in the National Capital Region of Delhi and at present it is at National Active Reporters Association (N.A.R.A.).
5. Whereas the founders hereby declare and make it known to all those present or may come that they give, transfer and assign absolutely of all encumbrances unto the NARA WELFARE FOUNDATION. Now, therefore this Deed of Trust declares and witnesses as follows:
6. There will be at present seven members of the Foundation known as Trustees of the Foundation and together will be termed as Board of Trustees. However, the number of trustees shall not be less than five and more than nine at any time.
7. All the above mentioned Trustees shall be life Trustees. A life Trustee shall cease to be a member of the Board of Trustees if the remaining members of the Board unanimously adopt a resolution to that effect at a meeting of the Board specifically called for this purpose for reasons to be stated in writing.
8. A vacancy or vacancies in the Board of Trustees of the Foundation caused by resignation, death or removal, as the case may be, shall be filled in by the remaining members through a resolution to be adopted at a meeting specifically called for the purpose by a 2/3 majority of the members present and a simple majority of the existing members of the Board of Trustees.
9. OFFICE BEARERS
There will be the following offices of the Foundation:
ii) Vice Chairman;
All office bearers of the Foundation will be elected by the member of the Board of the Trustees of the Foundation from amongst themselves at a meeting of the Board of Trustees specifically called for this purpose. All office bearers shall hold office for a period of three years. They will be eligible for re-election with the proviso that no office bearer shall hold office for more than two consecutive terms. Fifty per cent of the existing members of the Foundation shall constitute the quorum for such a meeting.
11. POWERS AND DUTIES OF OFFICE BEARERS
Chairman of the Foundation shall preside over all meetings of the Board of Trustees of the Foundation. The Chairman shall have overall control and supervision over the affairs of the Foundation and its activities. He shall have the power to sanction expenditure up to RS. 20,000 at a time for the benefit of and carrying out the aims and objectives of the Trust. All such expenses shall be reported to the next meeting of the Foundation for approval.
ii) VICE CHAIRMAN
Vice Chairman shall preside over the meetings of the Board of Trustees of the Foundation in the absence of the Chairman. He shall act as Chairman in the event of the office of the Chairman falling vacant due to death, resignation or any other reason till a new Chairman is elected by the Foundation.
a) The Secretary shall be responsible for keeping and maintaining an accurate record of the meetings of the Board of Trustees and carrying on all correspondence on behalf of the Foundation;
b) He shall be responsible for calling meetings of the Board of Trustees in consultation with the Chairman and circulating the agenda of the meeting along with the notice of the meeting;
c) He shall keep all documents of the Foundation in safe custody either in the office of the Foundation or any other place in consultation with the Chairman of the Foundation;
d) He shall comply with the directions of the Board of Trustees of the Foundation and the Chairman from time to time in the discharge of his duties in the best interests of the Foundation.
e) He will sue and be sued on behalf of the Foundation.
a) The Treasurer shall be responsible for keeping an accurate account of the income and expenditure of the Foundation and all projects and activities undertaken by the Foundation and make all entries in the books of accounts, including cash book, ledger, receipt books and vouchers.
b) The Treasurer may keep the accounts himself or under his supervision by a qualified accountant in consultation with the Secretary.
c) All receipts and vouchers of income and expenditure shall be signed by him and countersigned by the Secretary.
d) He shall be responsible for doing all necessary things as directed by the Board of Trustees of the Foundation or the Chairman or the Secretary from time to time in respect of the accounts and handling of the funds of the Foundation.
12. POWERS OF THE BOARD OF TRUSTEES
i) The Board of Trustees shall be fully empowered to carry out the above mentioned aims and objectives of the Foundation in the Union of India and the funds of the Foundation or the income thereon shall be spent and utilized for fulfilling the aims and objectives of the Foundation.
ii) The Board of Trustees shall manage, supervise and control all its funds, properties and affairs to the best of its abilities and shall be competent to take decisions and approve the plans in pursuance of the aims and objectives of the Foundation. The Board may make any grant, donation, scholarship or financial assistance for the furtherance of the aims and objectives of the Foundation.
iii) The Board of Trustees may acquire, purchase, accept as gift or donation or contribution, sell or dispose off or otherwise transfer, temporarily or permanently, any property, movable or immovable to carry out the purpose of the Foundation to the benefit and in the best interest of the Foundation, its beneficiaries and its assets and liabilities. The donations or contributions in cash or kind or otherwise may be accepted from person or persons, Union and State Governments, firms, companies, societies, bodies, corporations, charitable trusts or institutions or associations for and on behalf of the Foundation or for any one or more objectives of the Foundation upon such terms and conditions as the Board may in its discretion think fit and which are not inconsistent with the objectives of the Foundation. The Board of Trustees may also take over the management of any Trust or public institution on such terms as they may think fit and may manage the same.
iv) The Board of Trustees shall also be at liberty to sell, to carry out any charitable purpose as defined under section 2(15) of the Income Tax Act, 1961, and otherwise such portions of the movable and immovable properties forming part of the Foundation either by public auction or by private contract at such price or prices and on such terms and conditions relating to the title or otherwise in all respects as the case may be in its absolute discretion and to buy, rescind or vary any contract for the sale thereof and to resell the same without being answerable for any loss occasioned thereby and for that purpose to execute all necessary conveyances, transfers or other assurances and to pass valid and factual receipts and discharges for all moneys received by it and authorize any or one or more trustees to sign, execute any sale deed or other assurances of behalf of the Foundation and the Board of Trustees and to get the same registered according to law.
v) The Board of Trustees may raise or borrow money required for the purposes of the Foundation on a mortgage, hypothecation, pledge or pawn of the properties of the Foundation or any part thereof, with or without any security and at such rate of interest and or on such terms and conditions as it may, in its absolute discretion thin fit.
vi) The Board of Trustees shall be competent to make rules, take decisions and pass resolutions for the regulation and the conduct of the business and working of the Foundation, its administration and all its affairs and concerns and also to vary, alter and amend the same from time to time as the Board of Trustees may in their absolute discretion deem fit and proper.
vii) The surviving or continuing trustees may act notwithstanding any vacancy in the Board of Trustees provided, however, that if the number of trustees fall below five, the Board shall not, except for the purposes of filling any vacancy, acts so long as the number is below the said minimum.
viii) The Board of Trustees may appoint, suspend, remove, punish or dismiss any employee in the interest of efficient functioning to achieve the aims and objectives of the Foundation and all of its concerns.
ix) The Board of Trustees shall be competent to do all acts, deeds and things necessary to promote the interest of the Foundation, its aims and objectives and its beneficiaries generally that may not be in any way contrary to, or in contradiction of the objectives and purposes of the Foundation.
x) The Board of Trustees shall cause true and accurate accounts to be kept from year to year according to the financial year of all moneys received and spent and all matters in respect thereof in course of the management of the Foundation properties or in relation to the carrying out the objects and purposes of Trust as well as of all assets, credits and effects of the Foundation property.
xi) The Board of Trustees may appoint a person of integrity or a Chartered Accountant to act as an auditor from time to time and get the accounts audited by him every year before presenting the audited accounts before the Board for Approval.
xii) The Board of Trustees may decide to invest the funds of the Foundation in such a manner, as it may consider proper. However, no investment shall be made in such a manner as to defeat the aims and objectives of the Trust or as prohibited under the Income Tax Act, 196l.
xiii) Any conveyance, mortgage, lease or any other deed, document and assurances may be signed, executed and registered by any one or more of the Trustees authorized by the Board of Trustees by a resolution and any such document shall be deemed to have been signed, executed and registered by and on behalf of the Board of the Trustees.
xiv) The Board of Trustees may from time to time constitute committees comprising of members and well wishers to aid and assist in the furtherance of the objectives of the Foundation
13. INDEMNITY OF TRUSTEES
The members of the Board of Trustees shall be respectively chargeable for such moneys, stocks, shares, funds and securities as they actually receive notwithstanding their respectively signing a receipt jointly with others for the sake of conformity and shall be answerable and accountable for their own acts, receipts, neglects and defaults but shall not be answerable for any other member of the Board nor for any banker, broker or other person with whom or into whose hands any property of the Foundation may come or be deposited or placed nor for the insufficiency or deficiency of any stocks, shares, funds or other security nor otherwise for involuntary losses, unless the same shall happen through their willful default or neglect.
14. RIGHT OF REIMBURSEMENT OF EXPENSES
Every Trustee may reimburse himself or pay or discharge out of the Foundation property all expenses incurred in or for the execution of the Foundation or realization, reservation or benefit of the Foundation property or the protection and support of the beneficiaries or any of their duties including reasonable travelling allowances but will not be entitled to any remuneration for his troubles, skill and loss of time in executing the work of the Foundation.
15. DISQUALIFICATION FOR BEING APPOINTED OR CONTINUING AS MEMBERS OF THE BOARD OF TRUSTEES
a) A person shall be disqualified for being appointed or for continuing as a member of the Board of Trustees if he is:
i) Less than 21 years of age;
ii) Undischarged insolvent;
iii) Found to be a person of unsound mind;
iv) A person convicted of any offence involving moral turpitude or has been removed from any office by a court order for corruption or mismanagement.
b) A person shall cease to be a Trustee in any of the following events;
i) If he dies;
ii) Becomes insolvent;
iii) If he becomes insane
iv) If he resigns his office in writing;
v) If he is asked to resign by all the remaining members of the Board of Trustees.
i) An ordinary meeting of the Board of Trustees shall be held once in every three calendar months at such time and place as the Board or the Chairman may decide. A week’s clear notice shall be given for holding an ordinary meeting. The Secretary will issue the notice and agenda of the meeting in consultation with the Chairman.
ii) An emergency meeting may be held with a three days clear notice if so desired by the Chairman or requisitioned by at least three members of the Board of the Trustees.
iii) The quorum for ordinary and emergency meetings shall be four. If a meeting is adjourned for want of quorum, it may be held at the same venue and time after 24 hours. No quorum will be necessary for such meetings. However, a quorum of four will be essential for amending the deed of the Trust or for removing or appointing new members for the Board of the Trustees.
iv) All matters will be decided by a majority of votes by show of hands. The Chairman shall have a casting vote in the event of a tie. However, any decision about the amendments to the deed of the Trust and removal and appointment of members of the Board of Trustees shall be by a 2/3rd majority members present and voting and not less than a simple majority of the existing members of the Board.
v) The ruling of the Chairman on any point of order shall be final and conclusive.
vi) The minutes of the proceedings of every meeting of the Board of Trustees shall be entered in the minutes book to be kept for that purpose by the Secretary. These will be circulated to all members of the Board of Trustees within 10 days of the meeting. These shall be confirmed at the next meeting and signed by the Chairman in confirmation as conclusive evidence of the business and other matters transacted at such meetings.
vii) Chairman and Secretary may invite any person as a special invitee to the meetings of the Board of Trustees. Such special invitees, however, will have no voting rights.
i) For the present a sum of RS 11,000 (Rupees eleven thousand only) has been provided by the founding trustees to form the nucleus of the Trust. The income arising out of the said amount and other funds raised by the Board of Trustees as donations or contributions from members of the public, institutions, firms, governments or charitable trusts may be spent to achieve the aims and objectives of the Foundation and shall be kept in the name of the Foundation.
ii) The funds of the Foundation may be deposited in a scheduled bank or with a reliable firm of repute as decided by the Board of Trustees from time to time. The accounts will be operated by the Chairman, Secretary and the Treasurer of the Foundation or any two of the above as decided upon by the Board of Trustees from time to time.
18. CORPORATE CHARACTER and AMENDMENTS
i) The Foundation shall be a corporate body and shall sue or be sued in its corporate name through its Secretary who may appoint an attorney or advocate for prosecuting, defending or doing any other act necessary for the prosecution or defence of the suit, appeal, revision or any other legal proceedings and give him the power that are required to do so.
ii) The Board of Trustees, if necessary, may make any amendment, in a meeting specifically called for the purpose. All decisions will be by a 2/3d majority of members present and voting. The quorum for such a meeting shall be 50 per cent of the existing members of the Board of Trustees.
19. The Foundation shall be a non-profit body and the entire income and properties of the Foundation shall be utilized towards the promotion of its aims and objectives.
20. The Foundation’s activities shall be open to persons of either sex and of whatever race, religion, creed or caste.
21. The value of the property hereby conveyed and settled upon the Board of the Trustees is RS 11,000 on which the stamp duty has been paid as on a settlement deed.