In Uttar Pradesh, an Educational Trust running several colleges proposed to sell a part of its immovable properties, to clear its loans. Trust deed provides for sale. Any permission/sanction required and if so undr which provision of law?
Sundara rami reddy (Advocate) 25 July 2010
In Uttar Pradesh, an Educational Trust running several colleges proposed to sell a part of its immovable properties, to clear its loans. Trust deed provides for sale. Any permission/sanction required and if so undr which provision of law?
Bharatkumar (ADVOCATE ) 28 July 2010
U obtain a permission Cherity commissinor for that.
Sundara rami reddy (Advocate) 30 July 2010
| Originally posted by :Sundara rami reddy | ||
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In Uttar Pradesh, an Educational Trust running several colleges proposed to sell a part of its immovable properties, to clear its loans. Trust deed provides for sale. Any permission/sanction required and if so undr which provision of law? |
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thanks. it appears that there is no charity commissioner in UP
SANGAR GANESH V S ( ADVOCATE) 21 August 2010
UNDER THE TRUSTS ACT , YOU HAVE TO GET PERMISSION FROM THE CONCERNED STATE HIGH COURT TO SELL ANY IMMOVABLE PROPERTY OF THE TRUST. WHILE FILING THE APPLICATION BEFORE THE HON'BLE HIGH COURT , YOU HAVE TO FILE ALL THE DOCUMENTS ALONG WITH THAT APPLICATION....i.e, the origin of interest over that property ( for example , if any condition precedent is there by the DONOR TO THE TRUST , THEN IT IS TOUGH ...... ) YOU HAVE TO SATISFY THE CAUSE TO SELL THAT PROPERTY AND IN U.P , ALLAHABAD HIGH COURT HAS ORIGINAL JURISDICTION OVER THIS MATTER..
FOR MORE INFORMATION , JUST TELL WHAT IS THE OBJECT OF THE TRUST.. BECAUSE BEFORE PERUSING THE TRUST DEED , WE CAN'T SAY ANYTHING.
k.radha krishnan (independent practice) 30 November 2010
| Originally posted by :Sundara rami reddy | ||
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any sale should comply with and should come with in the purview of section 36 of the trust act Originally posted by :Sundara rami reddy " In Uttar Pradesh, an Educational Trust running several colleges proposed to sell a part of its immovable properties, to clear its loans. Trust deed provides for sale. Any permission/sanction required and if so undr which provision of law? " thanks. it appears that there is no charity commissioner in UP |
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