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sreenath   18 January 2018

Appointment of trustees in csr trust

I have a query related to creation of trust by a public limited Company and appointing its whole time directors as trustees.

One of the Company proposed to establish a trust for spending it's CSR expenses through a Trust created by that Company.My queries are;

1. Can the Company appoint it's MD and Whole Time directors as sole trustees of that trust?

2.Whether permission of shareholders of the Company is required for creation of Trust?

 



Learning

 2 Replies

R.Ramachandran (Advocate)     18 January 2018

1 Like

sreenath   18 January 2018

1. Can the Company appoint it's MD and Whole Time directors as sole trustees of that trust?

 


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