Corpus fund

Querist : Anonymous (Querist) 11 January 2012 This query is : Resolved
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Q1.Can charitable trust use corpus fund for recurring expenses.

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Raj Kumar Makkad (Expert) 11 January 2012
Yes. there is no legal boundation not to use such money as and when required. corpus fund is maintained for the exigencies.

prabhakar singh (Expert) 12 January 2012
Q1.Can charitable trust use corpus fund for recurring expenses.
A1.yes.

Shonee Kapoor (Expert) 13 January 2012
Yes.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

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