Hi,
Can an NRI transfer his land to a charitable trust in India and can the same NRI become one of trustees of the same charitable trust to which it has transferred land?
Rajneesh Singh (Manager-Finance & Accounts) 16 December 2014
Hi,
Can an NRI transfer his land to a charitable trust in India and can the same NRI become one of trustees of the same charitable trust to which it has transferred land?
kavksatyanarayana (subregistrar/supdt.(retired)) 16 December 2014
A NRI CAN TRANSFER HIS LAND TO A CHARITABLE TRUST IN INDIA. IF HE WANTS TO BE A TRUSTEE IN THE SAID TRUST, IF THE COMMITTEE OF TRUST AGREES THE SAME. BUT THAT NRI CANNOT ATTEND THE MEETINGS OF THE TRUST OR PROGRAMMES CONDUCTED BY THE SAID TRUST. SO GENERALLY IT IS OBJECTABLE. IT IS FOR INFORMATION.
Rajneesh Singh (Manager-Finance & Accounts) 18 December 2014
Thanks! K Satyanarana.