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A person cheated us and tried taking money from trust legal remedies


25-Nov-2023 (In Criminal Law)
WE ARE RUNNING CHARITABLE , NON PROFIT ORGANIZATION UNDER REGD. TRUST SOME SELFISH JOIN US & NOW WANT TO GRAB THE TRUST & THEIR PROPERTY .PLEASE SUGGEST THE ACTION TO BE TAKEN and how many can we deposit old currency in our trust
Answers (2)

Answer #1
744 votes
Query is ambiguous.
Against those miscreants, please go ahead anf file a police complaint.
Hope you have evidences, documentary or otherwise to prove case against those miscreants.
As regards old currency to be deposited in trust, please explain how it is connected with your first query.
Answer #2
893 votes
The member can be removed by resolution passed by the majority as per the constitution of the trust. For any misdeed action may be taken under civil or criminal law as per the act and the impact. as far as converting and depositing of the old currency it may be deposited as per the RBI rules from time to time. as on date any amount can be deposited subject to the tax declared by the govt. (60%). subject to verification from your chartered accountant.

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