Trust Registration in India
India is one of the world largest countries in terms of geographical area with 28 cities and seven union territories. Here in India you will find different types of companies offering wide verities of services to their clients. All this raises the demand of law firms in India. Especially from corporate sectors and business sectors, different types of legal services are demanded on a large scale.
Apart from corporate and business sectors, non profit organizations have given remarkable performance in India. Here in India you will find some world known NGO companies of the world. All these are famous for their non profit making along with producing earning for the benefits of others. Section 2(15) of the Income Tax Act in India is an ruling authority that states some rules and regulation that defines who are the non profit organization and they can be register. Basically non profit organizations are those organizations which are regulated for charitable purpose specially to include relief of the poor section of the society, medical relief, education, religious and other object of general public utility. There are various rules and procedures for Trust formation and Trust registration in India. The Indian Trusts Act 1882 is a codification of trusts law, introduced for India in 1882. It is an Act to define and amend the law relating to Private Trusts and. Trustees. Trust formation in India includes The name(s) of the author(s) / settler (s) of the trust, The name(s) of the trustee(s), The objects of the trust, The rights and duties of the beneficiary/ies, The name by which the trust shall be known and many more points are there which are concerned during formation of non profit organizations in India. The following elements are essential to form a trust:
• The author of the trust,
• The trustee, The beneficiary,
• The trust-property or the subject matter of the trust,
• The objects of the trust.
The document by which the trust is declared is called the ‘Trust Deed’.
Registration Consultant is owned by highly experienced Consultant – Mr. Rahul Chauhan located in Delhi. Registration Consultant is providing their clients a complete guide to form a National Level Trust and registration for their non profit organization. We are successfully helping our clients to register all purpose Trust ( Charitable Trust, Educational Trust, Religious Trust, Public / Private Trust, Social Welfare Trust, Rural Development Trust ) from last more than 7 years.
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