rules and regulations for registered public trust.
cchs1962
(Querist) 12 November 2014
This query is : Resolved
1) Can the Registered Public Trust empower legally its unregistered subsidiaries to open & operate Bank Accounts?
2) Can the Unregistered Subsidiaries of the registered public trust use the Registration Number of the registered trust to print donation slip books, collect donations from India and Abroad?
3) Can the Bank allow the unregistered subsidiaries to open the Bank Account in its own title and name through the resolution of the registered trust empowering to open the account?
I will be highly obliged if you can pls. answer the queries with specific law citations.
ajay sethi
(Expert) 12 November 2014
we dont provide citations .
Rajendra K Goyal
(Expert) 12 November 2014
Bye laws of the society / trust has to be referred. Citation not provided.
T. Kalaiselvan, Advocate
(Expert) 16 November 2014
As far as the bye-laws of the trust is concerned, it will have the guidelines of all the subsequent action to be taken by the trust in such events, better go through the bye laws once again and see if the irregularity has taken place or not.
