Skip to main content
Indian Kanoon - Search engine for Indian Law
Document Fragment View
Matching Fragments
10. The Trustees shall be entitled to employ any person or
persons and pay them remuneration for effective
management and implementation of the Trust, including
expert and technically qualified or experienced
personnel.
11. If and so often as any of the Trustees hereunder
appointed or any future Trustees or Trustee of these
presents shall die or shall leave India for more than one
year or shall desire to retire from or become incapable to
act in the trust of these presents or otherwise, it shall be
lawful for the surviving or continuing trustees for the time
being of these presents for the purpose to act in the
execution of this power or for the proving executors or
administrators of the last surviving Trustees to appoint a
new Trustee or Trustees in place of the Trustee or
Trustees so dying or leaving India or desiring to retire
from the Trust or otherwise to appoint new or additional
Trustee or Trustees and upon every such appointment
the number of Trustees may be argumented or reduced
and upon every such appointment the Trust Estate shall
be transferred so that the same be vested in the Trustee
or Trustees for the time being of these presents AND
Trustee or Trustees so appointed as aforesaid may as
well before or after such transfer of the Trust Estate , act
or assist in the Execution of the Trusts and powers of
these presents as fully effectually as if he had been
hereby appointed as Trustee PROVIDED THAT the
number of Trustees of these presents shall not be less
than that of two or more than seven PROVIDED
HOWEVER AND IT IS HEREBY AGREED AND
DECLARED for the sake of clarification that the present
Trustees who have executed these payments shall
remain Trustees who have executed these presents shall
remain Trustees during their liefÂtime or until such time
as they retire or become disqualified to act as such.