Section 10
Establishment and incorporation of the Foundation.
The Auroville Foundation Act, 1988
About this Act
An Act to provide for the acquisition and transfer of the undertakings of Auroville and to vest such undertakings in a foundation established for the purpose with a view to making long-term arrangements for the better management and further development of Auroville in accordance with its original charter and for matters connected therewith or incidental thereto.
(1) With effect from such date as the
Central Government may, by notification, appoint in this behalf, there shall be established for the purpose
of this Act, a Foundation, to be called the Auroville Foundation.
(2) The Foundation shall be a body corporate by the name aforesaid, having perpetual succession and a common seal with power to acquire, hold and dispose of property, both movable and immovable, and to contract and shall by the said name sue and be sued.
(3) The Foundation shall consist of the following authorities, namely:--
(a) the Governing Board;
(b) the Residents' Assembly;
(c) the Auroville International Advisory Council.
(2) The Foundation shall be a body corporate by the name aforesaid, having perpetual succession and a common seal with power to acquire, hold and dispose of property, both movable and immovable, and to contract and shall by the said name sue and be sued.
(3) The Foundation shall consist of the following authorities, namely:--
(a) the Governing Board;
(b) the Residents' Assembly;
(c) the Auroville International Advisory Council.