kavksatyanarayana (subregistrar/supdt.(retired)) 20 July 2023
Please specify clearly your query. It requires court permission.
Rajan parthasarathi 21 July 2023
When two public trusts wish to merge what procedures are to be followed to transfer its assets.
Dr. J C Vashista (Advocate ) 21 July 2023
Neither facts nor query has been posted.
T. Kalaiselvan, Advocate (Advocate) 21 July 2023
There is no central Act that governs trusts, but each State has enacted its own Act that governs trusts. Section 50A(2) of the Bombay Public Trusts Act allows two or more public trusts to be amalgamated or merged into one single legal entity by framing a common scheme of management or administration.
Private trusts do not enjoy the same status and benefits as those of an NGO/public trust. Moreover, most of the trust deeds contain an amalgamation clause which proves useful in cases where two public trusts are to be merged. It should be noted that there are no provisions for merging a public trust with a society.