Trust Deed For Establishment Of A Temple

Trust Deed For Establishment Of A Temple

This document comprises of a trust deed for a hindu temple of worship made between the donor and the trustees. As per the deed, certain stipulations are agreed upon amongst the parties which are to be adhered to in lieu of land plot as well as money provided for the temple, such as :

·      The trustees shall be empowered in appointing/removing such no. of priests for doing Puja and for celebrating festivals and other employees for the maintenance and upkeep of the temple as deemed fit.

·      The expenditure temple and expenditure on celebrating festivals shall be met out of the income of the temple i.e. donation/money offered to the deities. It is deficient, the expenditure can satisfied out of corpus of trust fund. If found surplus, the Trustees shall be empowered in investing such surplus funds in securities/bonds as deemed fit.

·      The trustees be empowered in borrowing money for the expenditure of temple against security of the trust property excepting temple.

The provisions and conditions within the deed are to be followed by both parties. 

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