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Milind Ravan   06 August 2019

Can a nri with oci status be trustee of spiritual trust?

I am a USA citizen with OCI (Overseas Citizen of India) status. By birth I was an Indian citizen and lived in India till 33 years.of age. My father has a spitirual trust and he lives in India as a indian resident. There are 13 trustee in the commitee, who are spiritual seekers as well. He is president of the trust.

Is it pssible for a NRI - OCI holder, like me, to be a trustee of such a charitable trust? If yes, where can I find documentation / rights of OCI holder in such a matter? 



Learning

 5 Replies

Dr. MPS RAMANI Ph.D.[Tech.] (Scientist/Engineer)     06 August 2019

Even foreign nationals can be trustees.

Milind Ravan   13 August 2019

Thank you Dr Ramani.

Any additinal comments from any law experts is appericiated.

Kannan   07 May 2020

Can any one leave a light on the question asked regarding OCI and Trust. By career and interest became OCI but the forefathers created Trust already . Can I be a Trustee . This Trusteeship has no salary. Just maintain or give POA to people there and maintain the Good intentions of the spiritual trust. Plan to include a small charity with the land income very less. to start to help the poor students etc.

PLEASE LEGAL people help by your advice and if you got any official article on this if possible or your comments only etc.......

GOOD PURPOSE please do not neglect to answer the question raised 10 mionths ago.  Thanks in advance.. God Bless you.

Local lawyers say I am a foreigner and cant become a trustee . IS IT TRUE or he is cheating.   See above  what is asked. already.

Best Regards

Irfan Peerzada   31 December 2020

Yes you can be a trustee as OCI holder as per recent judgment from the ITAA tribunal..

here is the article for your reference.  hope it helps. please seek independent legal advise to address your situation.

 

https://www.taxscan.in/nris-appointed-trustees-valid-indian-trusts-income-tax-act-itat/29472/

Can a nri with oci status be trustee of spiritual trust?

Read more at: https://www.lawyersclubindia.com/forum/can-a-nri-with-oci-status-be-trustee-of-spiritual-trust--202642.asp
Can a nri with oci status be trustee of spiritual trust?

Read more at: https://www.lawyersclubindia.com/forum/can-a-nri-with-oci-status-be-trustee-of-spiritual-trust--202642.asp

Ala Kannan   20 July 2022

Milind Ravan  have you been answered. i am like you looking for answers. 

There is no mention of OCI, It is always mentioned as NRI. Are you ok? 

Read more at: https://www.lawyersclubindia.com/forum/can-a-nri-with-oci-status-be-trustee-of-spiritual-trust--202642.asp#


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