Trust dissolution

indira (Querist) 29 October 2011 This query is : Resolved
private trust dissolution procedure which is not having 80 g approval

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Sankaranarayanan (Expert) 29 October 2011
77. Trust how extinguished

A trust is extinguished-

(a) When its purpose is completely fulfilled; or

(b) When its purpose becomes unlawful; or

(c) When the fulfilment of its purpose becomes impossible by destruction of the trust-property or otherwise; or

(d) When the trust, being revocable, is expressly revoked.

Raj Kumar Makkad (Expert) 29 October 2011
I do agree with Shankar.

M V Gupta (Expert) 31 October 2011
Yes. The Trust can be dissolved as provided in Section 77 of the Indian Trusts Act, 1860.A deed of dissolution of Trust should be executed and registered.

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