Process of appointment of new trustee in a charitable trust
Pooja Kalyani
(Querist) 05 December 2011
This query is : Resolved
The lone surviving trustee of a charitable trust is desirous of appointing new trustees. What is the process for doing the same?
Pooja Kalyani
(Querist) 05 December 2011
The deed reads "Upon death, retirement or resignation of a Trustee the remaining members may appoint or nominate a person to fill in the vacancy".. i want to know, if such appointment has to be done through a supplementary deed which shall be registered or shall a new trust deed be formed?
Sailesh Kumar Shah
(Expert) 05 December 2011
no need of a supplementary deed nor new trust deed. Just appoint person by remaining person.
M.Sheik Mohammed Ali
(Expert) 05 December 2011
as per trust agreement will one of them get new truestee.
Rajeev Kumar
(Expert) 05 December 2011
As per as trust deed appoint a new trustee