Sree Narayana Guru Society Of Sri Lanka

Sree Narayana Guru Society Of Sri Lanka

AN ACT TO INCORPORATE THE SREE NARAYANA GURU SOCIETY OF SRI LANKA.

WHEREAS an Association called and known as the ” Sree Narayana Guru Society of Sri Lanka “, has heretofore been established at Colombo for the purpose of effectually carrying out and transacting all matters connected with the said Association according to the rules agreed to by its members.

AND whereas the said Association has heretofore success fully carried out and transacted the several objects and matters for which it was established and has applied to be incorporated, and it will be for the public advantage to grant the application :

BE it therefore enacted by the Parliament of the Democratic socialist Republic of Sri Lanka as follows : –

Short title.

1.This Act may be cited as the Sree Narayana Guru Society of Sri Lanka Act, No, 48 of 1980,

Incorporation of the Sree Narayana Guru Society of Sri Lanka.

2. From and after the date of commencement of this Act such and so many persons as now are members of the Sree Narayana Guru Society of Sri Lanka (hereinafter referred to as ” the Society “), or shall hereafter be admitted members of the Corporation hereby constituted, shall be a body corporate (hereinafter referred to as ” the Corporation”) I with perpetual succession, under the name and style of the ” Sree Narayana Guru Society of Sri Lanka “, and by that name shall and may sue and be sued in all courts, with full power and authority to have and use a common seal and. alter the same at its pleasure.

General objects of the Corporation.

3. The general objects for which the Corporation is constituted are hereby declared to be –

(a) to promote the study of and research into the publications of the teachings, ideals and philosophy of Sree Narayana Guru ;

(b) to encourage the practice of his teachings, ideals and philosophy ;

(c) to establish, conduct and assist institutions founded on the ideals, teachings and philosophy of Sree Narayana Guru;

(d) to assist in the promotion of racial, religious and communal harmony and eradication of social disabilities ;

(e) to co-operate with local and foreign organizations in the pursuit of peace and harmony among the people of the world ;

(f) to establish and maintain voluntary charitable organizations for any one or more of the following purposes :

(i) the relief of poverty and Ignorance ;

(ii) the care of orphans, the aged, and the destitute by the establishment of homes, orphanages and dispensaries ;

(iii) the relief of hunger, disease and sickness by the provision of sustenance and nourishment and medical care to the needy, the orphans, the indigent and the sick ;

(iv) the establishment of a scholarship fund for the provision of financial aid to any person, irrespective of caste, creed, colour or race, for higher studies and research on the teachings, Ideals, and philosophy of Sree Narayana Guru at any place of learning in Sri Lanka or abroad;

(v) the establishment in Sri Lanka of a centre for the study and research into aspects of the teachings, ideals and philosophy of Sree Narayana Guru and all matters connected therewith ; and

(vi) generally the carrying on of all such work as may be necessary to attain the aforesaid objects;

(g) to maintain, renovate or reconstruct the Sree Narayana Guru Memorial Malaya lee Hall at No. 133, Layards Broadway, Colombo 14; and

(h) to impart knowledge and education to the people by conducting lectures, classes, libraries, seminars, and cultural and other constructive activities.

Board of Trustees assisted by a Working Committee.

4.

(1) The affairs of the Corporation shall, subject to the rules in force for the time being of the Corporation, be administered by a Board of Trustees assisted by a Working Committee consisting of such number of persons to be elected in accordance with the rules in force for the time being of the Corporation.

(2) The first Board of Trustees of the Corporation shall be the members of the Board of Trustees of the Society holding office at the time of the coming Into operation of this Act.

(3) The first Working Committee of the Corporation shall be the members of the Working Committee of the Society holding office at the time of the coming into operation of this Act.

Rules of the Corporation.

5.

(1) It shall be lawful for the Corporation, from time to time, at a general meeting and by the votes of two-thirds of the members present and voting to make rules for the admission, withdrawal or expulsion of members, for the conduct of the duties of the Board of Trustees, of the Working Committee and of the various officers, agents and servants of the Corporation, for the procedure In the trans- action of business, and otherwise generally for the management of the affairs of the Corporation and the accomplishment of its objects.

(2) No rule of the Corporation for the time being in force, nor any rule which may hereafter be passed shall be altered, added to, amended or rescinded except by the votes of two-thirds of the members present and voting at a general meeting of the Corporation.

(3) The rules of the Society in force at the time of the coming into operation of this Act shall be deemed to be the rules of the Corporation made under this section.

(4) All members of the Corporation shall be subject to the rules in force for the time being of the Corporation.

Debts due by and payable to the Society .

6. All debts and liabilities of the Society existing at the time of the coming into operation of this Act shall be paid by the Corporation hereby constituted and all debts due to and subscriptions and contributions payable to the Society shall be paid to the Corporation for the purposes of this Act,

How the seal of Corporation is to be affixed.

7. The seal of the Corporation shall not be affixed to any instrument whatsoever except in the presence of two of the members of the Board of Trustees, duty authorized, who shall sign their names to the instrument in token of their presence, and such signing shall be independent of the signing of any person as a witness.

Corporation may hold property movable and immovable.

8. The Corporation shall be capable in law to take and hold any property, movable or immovable, which may become vested in it by virtue of any purchase, grant, gift, testamentary disposition or otherwise and all such property shall be held by the Corporation for the purposes of this Act and subject to the rules in force for the time being of the Corporation, with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.

Borrowing powers.

9. It shall be lawful for the Corporation to raise funds for the accomplishment of its objects and for such purpose, to create, execute, or incur any mortgages, bonds or obligations :

Provided that the aggregate of the amounts which may be so raised by the Corporation shall not exceed the sum determined by the Board of Trustees.

Saving of the rights of the Republic and others.

10.Nothing in this Act contained shall prejudice or affect the rights of the Republic, of any body politic or corporate or of any other persons, except such as are mentioned in this Act, and those claiming by, from or under them.