How To Register Under Indian Trust Act
Requirement for registration of trust deed with the local registrar under the indian trusts act 1882.
How to register under indian trust act. We also help people register for indian status. An easy way to understand how the trust is registered and operated. Under the indian trust act 1882 the owner trustor can register a trust as an organization where the rights of the property are transferred to another person called trustee for the benefit of the third person who can take benefit from that trust is called beneficiary overview of trust registration drafting of a trust deed by. Go to the local registrar submit the trust deed along with one photocopy for registration. There are no complicated law words to drive your brain.
Secure certificate of indian status status card bill c 3 and gender equity in the indian registration act. Registration process for public charitable trust choose an appropriate name for the trust this is the first step in registering the trust. In the metro city of india trust can be registered in the office of sub registrar. Our client services office provides services and funding to individuals registered under the indian act. B one passport size photograph copy of the proof of identity of the settlor.
At the time of registration the settler two witnesses are required to be personally present along with their identity proof in the original. C one passport size photograph copy of the proof of identity of each of the two trustees. Typically a public charitable trust must register with the office of the charity commissioner having jurisdiction over the trust generally the charity commissioner of the state in which the trustees register the trust in order to be eligible to apply for tax exemption. A trust deed on stamp paper of requisite value. According to the indian trust act beneficiary can be any person capable of holding property.
Contact us date modified. Formation of trust and registration of trust as per indian trust act. Trust registration under india trust act 1882 this application form duly stamped signed on each document of the application form wherever indicated be returned in original along with the form of undertaking eligibility criteria forms and. Property that shall devolve upon the trustee s under the trust for the benefit of the beneficiaries note. Trust registration under india trust act 1882.
Online forms for indian registration. According to section 21 of the indian registration act 1908 a deed of trust relating to immovable property must for the purposes of registration contain a description of the property sufficient to identify it. Additionally the name so suggested should not come under the restricted list of names as per the provisions of the emblems and names act 1950.