Legal Question in Business Law in India

demat a/c for pvt trust

Dear sir,

I wish to invite your Legal Opinion. We have one private trust under Indian Trust Act. It is a registered trust and it is registered with the office of Sub-Registrar/Assurances Mumbai.Can the aforesaid Trust open Trading Account with the Broker and D mat A/C with CDSL? There are two Trustees in the said Trust.The Dmat A/C, Can it be in the name of Trustees OR in the name of the Pvt Trust ? What are the provisions of the Law ? Under what sections these provisions of law are mentioned ? I shall be happy to have your elaborate Legal Opinion on the abovesaid subject.

I will be highly obliged if you guide me in this matter.


Asked on 5/28/07, 10:34 am

1 Answer from Attorneys
G. M. Gupta gmguptaandassociates

Re: demat a/c for pvt trust

for advicing properly i need to see all the documents and by laws of your trust.

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Answered on 5/29/07, 2:55 pm


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