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PREAMBLE:
The Board of Trustees
pursuant to the provisions of the indenture of Trust dated 9th September, 1991
of THE SRI SATYA SAI MEDICAL TRUST have formulated the following rules and
regulations under Clause No.5, Sub-clause No. IX and X of the said
indenture of Trust as the First Rules and
Regulations.
A. BOARD OF
MANAGEMENT:
The members of the Board of Management shall be nominated by the Board of
Trustees of the Trust not exceeding Twenty One.
(i)
GENERAL POWERS :
The Board of Management of the Institute shall be vested with the powers
conferred upon them by these rules.
(a) To lay down
the policy to be propounded or formulated for Research
and in all matters
relating to the Management and functioning of the institute subject to approval of
Founder Trustee.
(b) To
periodically supervise the functioning of the various departments of the Institute.
(c) To receive the
report of the functioning of Institute from the Executive Committee.
(d) To
negotiate the acquisition of moveable and immoveable property on behalf of the
Institute in accordance with the directions of the Board of Trustees.
(e) To
arrange for and direct inspection of the various departments of the Institute
and other activities of the Institute.
(f) To
participate and avail of all governmental, semi-governmental and statutory bodies, medical programmes and
projects and co-ordinate with them in such programmes.
(g) To
participate in and co-ordinate with or avail of international medical programmes and for
that purpose to associate with or coordinate with international
medical organisation or medical organisation of all foreign
countries.
(h) To
administer and extend funds of the Institute in such manner as they shall
consider most beneficial for the purpose of the Institute subject to the
approval of the Board of Trustees.
(ii)
COMPLIANCE:
The Board
of Management shall duly comply with all the provisions of statutory
law for the time being in force applicable to the Institute.
(iii) MAINTAINANCE OF MINUTES :
The Board of Management shall cause minutes to be made the books for the
purpose -
(a) of all appointments made by the Board of Management.
(b) of the names of the members of the Board of Management
present at each meeting of the Board or any sub-committee and
(c) of all resolutions and proceedings of all meetings of the Institute
and of the Board of sub-committees.
(iv) PROCEEDINGS OF BOARD OF MANAGEMENT:
The Board of Management shall meet
to the despatch business, adjourned and/or otherwise regulation their meetings
as they think it.
B. EXECUTIVE COMMITTEE
:
(i) COMPOSITION OF EXECUTIVE COMMITTEE:
The Executive Committee shall be nominated by the Founder Trustee from
amongst the members of Board of Management and shall consist of the Chairman of
the Board and four members and a Representative of the SRI SATYA SAI CENTRAL
TRUST. They shall be responsible for the day-to-day management of the
institute under the general supervision of the Board of management.
(ii) POWERS:
(a) To frame regulations for the administration of the departments
and activities of the Institute and also change them from time to time.
(b) To frame the budget of the Institute or any alteration thereof
for the consideration and approval of the Board of Trustees.
(c) To appoint employees of the Institute within the frame work of
the approved Budget.
(d) To define the duties and conditions of Service of the paid and
honorary staff and to provide for the filling of vacancies in their post and
also amend and alter such duties and conditions from time to time.
(e) To suspend, terminate their services or retrench any employee
of the Institute.
(f) To file and defend suits, compromise, settle or refer to
arbitration and relating to the Institute and for that purpose take all steps, related actions, including appointment of pleaders, advocates and
arbitrators.
(g) To arrange for and direct inspection of the various departments and
other activities of the
business.
(h) To exercise such other powers and perform such other duties as may
be necessary to aid medical relief and
research and advancement.
(i) To exercise all powers and perform all such acts, duties etc. to aid
medical relief and research and
advancement in rural areas including rural health programmes
etc.
(j) Subject to the rules and bye-laws generally to exercise such other
power and perform such other duties
as may be necessary or incidental to further the objects of the institute or as may be directed
by the Board of Trustees.
(iii)
PROCEEDINGS OF THE EXECUTIVE COMMITTEE:
The Executive Committee may meet for the despatch of business adjourned
and/or otherwise regulate their meetings as they think fit.
(iv) ACCOUNTS
OF EXECUTIVE COMMITTEE:
The Executive Committee shall cause true accounts to be kept:
(a) of the sum of money received and spent by the
Institute and the manner in
which such receipt and liabilities of the Institute relate.
(b) of the assets and the liabilities of the Institute, including Registers of Assets and Equipments.
(c) the Books of account shall be kept at the registered
office of the Institute
or such other places as the Trustee may direct.
(d) at the commencement of every year a Balance
sheet upto the
previous 31st March, shall be made out and laid before the Board of Trustees. The Balance
Sheet shall be accompanied by a report of the Executive Council as to the
state of affairs of the Institute.
(e) the Bank accounts and new account shall be
opened in the name of the
Institute and the cheques and receipts shall be jointly signed by
any two of the members of the
Executive Committee as approved
by Founder
Trustee.
(v) COMPLIANCE:
The Executive Committee shall duly comply with all the
provisions of Statutory law for the time being in force applicable to the
Institute and will be responsible at all times for the same.
Signed: Sri Sathya Sai Baba
S.P.Joga
Rao
Indulal Shah
V.Srinivasan
CERTIFIED COPY
Assistant Commissioner
Endowments Department
A N A N T A P U R
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