[●] Trust Regd Office: [●].

Minutes of the 1st Meeting of the Trustees of the "[●] " held on
[●], 2007 at "[●] ", [●] at 10:30 A.M. Trust Members Present: 1. Shri [●] 2. Shri
[●] Shri [●] was elected as Chairman of the meeting and he commenced the
proceedings after ascertaining the Quorum for the meeting. ITEM NO.1: To grant Leave of
Absence, if any. All the members were present at the meeting. ITEM NO.2: To open Bank
Account of the Company with Bank of Baorda, [●] and Authorisation Thereof: The
Chairman informed the Trustees about the proposal to open a Bank Account with Bank of
Baorda, Main Branch, [●], the relevant application form, draft resolution were placed before
the Board of Trustees for approval. The following resolution was passed at the
meeting: “RESOLVED THAT a Banking Account of the Company be opened with, Bank of
Baorda, Main Branch, [●] in the name and style of [●] Trust and that Shri ---------------,
Trustee be and is hereby authorized to make an application to the said Bank for the above
purpose. “RESOLVED FURTHER THAT Shri. ----------------, Authorised Signatory of the
Trust be and is hereby authorised to operate the Bank Account with the said Bank and to
sign or accept all cheques, bills of exchange, promissory notes and other
orders”. “RESOLVED FURTHER that the said Bank be instructed to pay, honour all
cheques, promissory notes and other orders drawn by and all bills accepted on behalf of the
Trust whether such account be in credit or overdrawn and to accept and credit to the
account of the Bank or any account or accounts at any time or times kept or to be kept in
the name of the Trust and the amounts of all cheques, notes, bills, other negotiable
instruments, orders or receipts, provided they are endorsed/signed by Shri.--------------,
Authorised Signatory of the Trust, on behalf of the Trust and such signature shall be
sufficient authority to bind by the Trust in all transactions between the Bank and the Trust
including those specifically referred to herein”. “RESOLVED FURTHER THAT the
specimen signatures of Shri.---------------, be furnished to the said Bank along with a copy of
the resolution and the said Bank be informed from time to time by a notice in writing under
the hand of the Shri [●], Trustee of any changes which may take place therein and be
entitled to act upon such notice until the receipt of further notice under the hand of Shri [●],
Trustee”. “RESOLVED FURTHER THAT the resolution shall remain in force until notice in
writing of its withdrawal or cancellation is given to the Bank by Shri [●], Trustee”. ITEM
NO.3: Authorisation to get Registration of trust with Income Tax Authorities: Chairman
informed the Trustees that the requirement of Income Tax Registration would necessary for
day-to-day operations of the Trust. For this purpose an authorization would required to be
made to someone who would likely to complete all the formalities with the Income Tax
Authorities. After some discussion the following resolution was then passed. “RESOLVED
THAT the Trust do hereby authorized to get registration with Income Tax authority as per
the applicable Provisions and Sections of the Income Tax Act, 1961”. “RESOLVED
FURTHER THAT Shri. ------------------,and Shri. --------------- Trustees of the Trust, be and are
hereby severally authorized to sign, submit application & furnish all necessary papers
required to be furnished by the Trust for getting itself registered with Income Tax Authorities
and for obtaining Permanent Account Number ( PAN) from the said authorities”.
“RESOLVED FURTHER THAT Shri. ------------------, and Shri. --------------- Trustees of the
Trust, be and are hereby severally authorized to furnish a copy of the resolution along with
other documents to the Income Tax authorities and also to take all necessary steps as he
may deem fit for accomplishment of the aforesaid purpose”. ITEM NO.4: Preparation &
approval of the Budget: ITEM NO 5 : Determination of financial Year: The Chairman
informed the Trustees to determine Financial Year of the Trust. After some discussions, it
was unanimously agreed as under: “RESOLVED THAT the Financial Year of the Trust
shall be from 1st April to 31st March next every year and in the case of first Accounting year
it shall be from-----------.2007 (date of incorporation) to 31st March , 2008.” As there was
no other business to be transacted, the meeting came to an end with a vote of thanks to the
Chair. Place: [●] Date : [●].2007

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