INDIA SUDAR

EDUCATIONAL AND CHARITABLE TRUST

Registered No: 454/2004 web: www.indiasudar.org  mail: admin@indiasudar.org

D-Lakshmi Sree Apt, No.2 Vedha Nagar, Chinmaya Nagar Stage II Ext, Chennai-600 092

MINUTES OF MEETING & RESOLUTION

Meeting Code

41/2017_18

Meeting Type

India Sudar Educational and Charitable Trust Board

Date & Time

29-Oct-2017, 09.00 AM to 10.00 AM IST

Meeting Place

         India Sudar, D#Lakshmi Sree Apartments, No.2#Vedha Nagar, Chinmaya Nagar Stage II Ext, Chennai-600 092, India.

         Telephone Conference & Email Acceptance.

AGENDA

Discussion on important change in organization roles and responsibilities:

  1. Release Mr.Parthiban.E from the role of  Trustee  from India Sudar Educational and Charitable Trust, based on his personal request.
  2. Promote Mr.Balamanikandan.K as Managing Trustee in India Sudar Educational and Charitable Trust.
  3. Promote Mr.Udhayakumar.V as President in India Sudar Educational and Charitable Trust. Discuss to introduce President role in Trust Board.

RESOLUTION (DECIDED)

1

The Trustee, Parthiban.E, No 74th Street Nehru Colony, Palavanthangal, Chennai 600 114 has submitted his resignation from the role of TRUSTEE of India Sudar Educational & Charitable trust due to personal reasons.

 

India Sudar Managing Trustee and Trustees have unanimously decided to accept Mr.Parthiban.E resignation.

 

As per the India Sudar TRUST DEED, the Founder/Managing trustee UDHAYA KUMAR V. has accepted the resignation of Parthiban.E and relieved him from the trustee role with effect from 29-Oct-2017. It is clearly stated that Parthiban.E will not have POWER to involve in India Sudar Trustee activities from 29-Oct-2017. Parthiban.E will continue to be India Sudar member and participate in member/volunteer activities.

2

India Sudar Managing Trustee and India Sudar trustees have unanimously decided to promote BALAMANIKANDAN.K as Managing Trustee in India Sudar Educational and Charitable Trust, based on his extended contribution and necessity to India Sudar Trust at this moment

 

As per the India Sudar TRUST DEED, current Managing Trustee UDHAYA KUMAR.V has the power to promote BALAMANIKANDAN.K, residing at East Street, Panchamadevi, Karur dt-639 004, Tamil Nadu as Managing Trustee in India Sudar Educational and Charitable trust with immediate effect from 29-Oct-2017 and grants POWER to perform all the Managing Trustee role and responsibilities.

3

India Sudar Trust board decided to introduce new President roles to strengthen the trust board in decision-making, governance and to bring independent leadership to the Board.

 

As per India Sudar Trust Deed, India Sudar Managing Trustee and Trustees have unanimously decided to promote UDHAYAKUMAR.V as President to India Sudar Trust.

4

The Power of President, Managing Trustee and Trustee role is defined as below:

 

1.Power of Managing Trustee Role

1.1 Existing Managing Trustee Power will continue as-it-is. NO change in this.

1.2 During unavailability of the President, Managing Trustee has all the rights to re-organize (Promote, Add, remove the trustees) the trust board based on the need. On Availability of President, President and Managing trustee mutually re-organize (Promote, Add, remove the trustees) the trust board based on the need.

 

2. Power of President Role

2.1 Managing Trustee power copied to President role as-it-is.

2.2 In case of any conflict in the trust board, President decision will be final.

 

3. Power of Trustee Role

3.1 There is no change in the Trustee role power.

 

5

India Sudar Educational and Charitable Trust board has the following role and members as on 29-Oct-2017.

 

  • Founder, President - UDHAYAKUMAR V
  • Managing Trustee - BALAMANIKANDAN K
  • Trustee - ATHI S
  • Trustee - KARTHIKEYAN M
  • Trustee MUTHUKKAVIN S
  • Trustee - RAGHAVENDRA PRASAD A R
  • Trustee - RAJVEER SINGH
  • Trustee - SARGUNAN T
  • Trustee - VINOD S M

Participants, Accepted and Signed

 

 

 

 

 

 

(UDHAYAKUMAR.V)                      (BALAMANIKANDAN.K)                      (ATHI.S)

 

 

  

 

 

 


(MUTHUKKAVIN S)                          (KARTHIKEYAN M)                    (VINOD S M)       

 

 

 

 

 

 

 

(RAGHAVENDRA PRASAD A R)                  (SARGUNAN.T)                          (RAJVEER SINGH)

 

MOM Distribution List (Distributed through email):  Udhaya Kumar V, Balamanikandan K, Muthukkavin S, Karthikeyan M, Athi S, Raghavendra Prasad A R, Sargunan T, Parthiban E, Vinod S M, Rajveer Singh.