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To carry out and promote research
and other scientific work connected with the
cultivation, production and processing of
tea and other related aspects as may be decided
upon by the Foundation |
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To
provide funds towards all or any of the objects
of the Foundation |
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|
To
accept grants of money and of land, buildings
and equipment, donations, gifts, rights conferred,
subscriptions and other assistance, with a
view to promoting the objects of the Foundation,
from the Government, the Tea Board, the Council
of Scientific and Industrial Research and
other public bodies, corporations, companies,
associations or persons for the purpose of
the Foundation, on such conditions as may
be agreed to |
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To enter into any agreement with any Association
or organization, Government, local authority,
corporation, person, or any other body, for
acquiring or taking over by way of lease,
sub-lease, purchase, gift or otherwise, lands,
buildings, fixtures, equipment, furniture,
scientific records, experimental data, library
and technical books, or properties moveable
or immoveable of any kind, either tangible
or intangible, or for giving aid or assistance
on such terms and conditions as may be deemed
expedient or reasonable for promoting the
objects of the Association, and to construct,
erect, alter, improve and maintain any building
and to manage, develop, sell demise, let,
mortgage, dispose off, turn to account or
otherwise deal with all or part of the same
and any property, or invention process or
patent right |
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To borrow or raise any money that may be required
by the Foundation upon such terms as may be
deemed advisable and in particular and with
the approval of the Tea Board and UPASI Executive
Committee to secure the payment of any money
borrowed, raised or owing, by the issue of
debentures, bills of exchange, promissory
notes, or other obligations or securities
of the Association or mortgage or charge of
all or any part of the property of the Foundation |
|
To arrange for the registration and recognition
of the Foundation and to pay all expenses,
preliminary or incidental to the formation
of the Foundation and its registration |
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To invest the moneys of the
Foundation not immediately required in any
one or more of the modes of investment for
the time being authorized by law for the investment
of trust moneys with full power to alter,
vary or transfer such investments in accordance
with the law for the time being in force |
|
To undertake and execute any trusts which
may be conductive to any of the objectives
of the Foundation |
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To establish, support, or aid in the establishment
and support of Foundations, Institutions,
funds and trusts created to benefit employees
or former employees of the Foundation or family
or dependants of such persons, and to grant
pension and/ or allowances to such persons |
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To constitute, maintain and control branches
or centres of the Foundation in India and
to modify or abolish the same |
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To employ the skilled workers and professional
technical advisers and all the personnel necessary
to carry out the objects of the Foundation
and to pay therefore such remuneration as
may be considered reasonable |
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To do all such other lawful things as may
be incidental to or conductive to the attainment
of the above objects |
