The Public Charitable Trust- Carrying on business activities

Raja Sundarraman (Querist) 02 January 2010 This query is : Resolved
Respected Learned Sirs, my query is whether a registered Public Charitable Trust can be having an object aiming at carrying on business activities in the fields as specified in the deed for the purpose of funding the Corpus Fund of the Trust in order to met out its various charitable objects?

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Raj Kumar Makkad (Expert) 02 January 2010
It can engage itself within its aims and objects as per deed.

adv. rajeev ( rajoo ) (Expert) 02 January 2010
It has to act for what purpose it is created.

Arvind Singh Chauhan (Expert) 02 January 2010
Yes.

Anoop Deshpande (Expert) 08 January 2010
There is no bar for any trust to carry business activities if that is provided in the trust deed.

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