can one put a trust property for sale
01-May-2023 (In Property Law)
Whether the property of a Private Trust can be sold without the permission of court. How Trust property can be sold. 2) In case all the Trust Members are died how to appoint new Trust members and who have to appoint and whether the concerned should approach the Court for said purpose.
To ascertain whether the property can be sold, you have to go to the Trust Deed. If the deed is silent then only permission from the court is required.
And to induct any member, the provision in the Trust Deed has to be looked into.
And to induct any member, the provision in the Trust Deed has to be looked into.
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Can a charitable trust be private?
In India, trusts can be either private or public. The Indian Trust Act,1882 (ITA) governs the formation of a trust. The ITA does, however, not apply to trusts that are of a public charitable nature. 06-Mar-2023
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Definition of Charitable Trusts in India
The Author of Trust is the person who declares or reposes the trust. Trustee is the person who accepts confidence. Beneficiary is the person who accepts the confidence. 16-Dec-2019
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