| Genesis of ROBA TRUST |
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Based on concerns by OLD Boys (Rimcollians) in continuing the traditions of excellence and the need for augmenting the resources of the school, the idea of forming a ROBA TRUST germinated. The Trust would garner the support of Rimcollians and other agencies to contribute generously so that the funds collected could be used for improving the quality of education in the school, improve the facilities of the library, provide for periodicals, publications & books important to the objectives of the trust. The Trust would assist and promote extra curricular activities required in modern times to inculcate the feeling of adventure and so on. The funds collected would be placed in a corpus and the interest accruing could also be used for specific issues as required by the Donor. The funds would augment monies for the school promotional activities. |
The Trust was formed on March 7, 1995 by the Rimcollians with the objectives as outlined hereafter. The Trust would be Charitable in nature and was registered under the Societies Act and registered with Income Tax Authorities and obtained Income Tax Rebate for donations under Section 80 G of the IT Act
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OBJECTIVES OF THE TRUST (PRIMARY)
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To promote, conduct or patronize or assist in promoting activities for the advancement of the Rastriya Indian Military College and cadets studying in the RIMC and particularly conduct, promote or patronize through instruction all such character building activities.
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To diffuse useful knowledge by assisting in all possible ways newspapers, periodicals, news agencies literary societies, etc. or by publishing or assisting to publish literature consistent with national heritage conducive to the welfare of cadets of the RIMC. |
To establish or run and assist in establishing or running libraries, training centers, including the RIMC. |
To conduct or assist in conducting activities of military literary scientific, cultural and charitable nature conducive to all or any of the aforesaid objects and for achievements of the aforesaid objects. |
To promote or conduct through instructions the ideology and sound nation building natured in ROBA including instructions through persons who have devoted to the promotion of these objects. |
To acquire and maintain properties for the purpose of providing facilities promoting the residence of the above dedicated persons taking the pledge for furthering the above objects and to provide to such cadets and staff of the RIMC all subsistence and maintenance by way of honorariums or otherwise for their well being including payments in this behalf after retirement. |
OBJECTIVES OF THE TRUST (SECONDARY) |
To acquire by lease, purchase, gifts, sale mortgage license or any other legal manner transfer properties belonging to ROBA TRUST and also give the same on lease or license. |
To receive donations in cash or kind from individuals or associations for the purpose of carrying out objectives of the ROBA TRUST. |
To support and render financial assistance to charitable and educational causes and institutions organizations, or societies by means of donations, on such terms and conditions as the ROBA TRUST deem fit and proper which in the opinion of the ROBA TRUST carry out all or any of the objects of ROBA TRUST. |
To give scholarships, awards, stipends, honoraria, gifts to the cadets of the RIMC as have devoted themselves to the various public causes in line with the objects of the ROBA TRUST. |
To put up suitable memorials, buildings and other constructions, to maintain, alter and equip them suitable at its discretion to permit their use on lease or license to institutions or organizations devoted to the above mentioned or similar objects. |
To act as trustee for the trusts of like nature and objects on terms and conditions set out in such trusts. |
To do all such things as the ROBA TRUST may think proper and necessary for the attainment of the above objects. |
Trustees- ROBA TRUST |
The Board of Trustees would consist of a Chairman, with Trustees incorporated by the board. The present Board consists of:-
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Chairman |
Gen V N Sharma |
Trustees |
Col H. N Handa
Dr N M Ghatate
Shri Ajit Singh
Maj Gen Virendra Singh
Lt Gen S S Grewal
Lt Gen M A Gurbaxani
Col Arun Mamgain
Col Jasbir Khurana
President ROBA
Commandant RIMC
Hony treasurer
Col H. N Handa
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| ACCEPTANCE OF DONATIONS |
| The trustees shall be entitled to accept and receive donations in the shape of movable properties including cash, securities, shares and debentures of joint stock companies, immovable property of free hold or lease of any other kind. |
| That all monies forming part of the trust assets and requiring investment shall be invested by at least two of the trustees for the time being of these presents in or upon and in any manner as laid down under the provisions of the Indian Trust Act and Income Tax Act 1961 as amended from time to time. |
CURRENT SOURCES OF FUNDS |
| The current sourcing of funds has been the donations from the old boys of a minimum of Rs 3000/- Some have paid more. The K C Mahindra Education Trust and the Sir Darobji Tata Trust |
The K C MAHINDRA EDUCATION TRUST (KCMET) deposited a corpus with the Roba Trust dedicated to providing scholarships of Rs 9000.00 per year to wards/sons of serving/retired service personnel or of war widows on a strictly “Means cum Merit Basis”. KCMET has donated Rs 13,34,998/- towards one scholarship per term for a full five year studies of the cadet. |
In addition to the above, KCMET also awards a prize of Rs 5000/- per term to the winner of the Sword of Honour Cadet passing out at the top of his class. |
Sir DAROBJI TATA TRUST has provided a corpus to Roba Trust catering for:
- Hiring of two teachers in the humanities stream.
- Providing of a scholarship to an under privileged cadet.
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Lt Gen M A Gurbaxani, an old boy paid Rs 1 lacs to the Trust for the purpose of providing instant relief to class III & IV employees in the school as recommended by the Commandant. The donation was to be called the Lalwani Trust. |
The Masters Incentive fund was created and funds and major amounts were provided by : |
- Arjun Israni – Rs 2,50,000.
- Nandita Shaunik d/o Gen V N Sharma Rs 1,00,000
- Father of Col Prem Prakash Rs 1,00,000
- Mrs S C Sinha w/o Late Maj Gen S C Sinha Rs 1,00,000 |
