Legal Question in Wills and Trusts in India

Re: Trust

You may want to engage a local Advocate to pursue the matter.

You may be required to firm up your plans in terms of the relevant statutes after understanding the scheme of the following Central Acts :

the Religious Societies Act, 1880

Trusts Act 1882

Charitable Endowments Act 1890

Charitable & Religious Trusts Act 1920

Besides, you may also need to understand the applicability of any local Act dealing with the subject.

Re: Trust

A public charitable or religious institution can be formed either as a Trust or as a Society or as a Company registered u/s 25 of the Companies Act.

It generally takes the form of a trust when it is formed primarily by one or more persons.

To form a Society at least seven persons are required. Institutions engaged in promotion of art, culture, commerce etc. are often registered as non-profit companies.

These forms are enumerated as under :1.Charitable Trust settled by a settlor by a Trust Deed or under a Will.

2.Charitable or religious institution / association can be formed as a society.

3.Charitable institution can be formed by registering as a company u/s. 25 of the Companies Act, 1956, as non profit company (without addition to their name, the word "Limited" or "Private Limited").