Trust law in india
Apurva Kumar
(Querist) 31 January 2014
This query is : Resolved
Dear, Mam/Sir,
I would like to know that while forming a educational or any type of trust how many minimum and maximum number of person can be made its member or can jointly form a trust is there any maximum limit along with minimum. And can two or more member of same family can be member same trust at same time?
Regards!!
Apurva Kr.
ajay sethi
(Expert) 01 February 2014
A trust needs a minimum of two trustees; there is no upper limit to the number of trustees
Apurva Kumar
(Querist) 01 February 2014
and what about having two or family member in the same trust? is it legal or possible?
Rajendra K Goyal
(Expert) 01 February 2014
Yes two or more from same family can become the member.
Apurva Kumar
(Querist) 01 February 2014
is there any provisions for the same i mean for member that it can be or vice verse.
dr g balakrishnan
(Expert) 01 February 2014
when resolved not to show under query pls!