LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

M Hassan   08 June 2022

Addition of new trustee in trust

A trust is already runnuing satisfactorily. There is provision in trust deed to add new trustee with a resolution. The board of trustee has passed resolution for the purpose.

Now, I want to know the details about documantation for adding new trustee. Whether hid name shall be registered in the office of Sub Registrar? Pl.guide suitably.

Thanking you,



Learning

 2 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     09 June 2022

Hello,

Yes, you can add a new trustee as per the trust deed. After passing of resolution you have to approach the Charity Commissioner and file the application for change. Sub Registrar has no role in your matter. 

kavksatyanarayana (subregistrar/supdt.(retired))     09 June 2022

When there is no provision in the Trust deed to add another trustee, first that clause (as ""another trustee may be selected/nominated by the trustees if necessary"")  shall be added and also as per above clause "Sri ..................................by executing an amendment of Trust Deed by the present author/founder of the Trust and others if as noted in the Original Trust deed.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register