Hindu religious trust - corpus fund & maximum no of trustees

S.KARUNAMOORTHY (Querist) 14 September 2011 This query is : Resolved
Dear Learned Seniors!

I'd like to know

1. whether a Hind religious trust could be formed only with that of corpus fund?

2. What is the maximum number of trustees a religious trust could have for its functions.

3. Where 15 individuals could become trustees?

Kindly help me at the earliest..

Thanks in advance!

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Raj Kumar Makkad (Expert) 14 September 2011
1. Yes, there is no legal bar to creae such trust.

2. There is no such limit prescribed.

3. Yes.

S.KARUNAMOORTHY (Querist) 14 September 2011
Thank u for your reply... let me know whether the settlor could become the managing trustee of the trust for his life...?

Shastri J.K. (Expert) 14 September 2011
I agree with mr.raj kumar makkad

Raj Kumar Makkad (Expert) 14 September 2011
Yes. He can become managing trustee for life.

S.KARUNAMOORTHY (Querist) 15 September 2011
Thank u my dear senior! and thank for your valuable time!

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