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What is the trust name change procedure in India?
04-Jul-2024 (In Wills / Trusts Law)
To change the name of a trust in India, the process involves amending the trust deed and updating the change with the relevant authorities. First, the trustees must pass a resolution approving the name change. Then, an amendment deed needs to be drafted, clearly stating the new name and referencing the original trust deed. This amendment must be registered with the local Sub-Registrar where the trust was originally registered.
Once the deed is amended and registered, you'll also need to update the trust's PAN, as well as any 12A/80G registrations (if applicable), by notifying the Income Tax Department. Additionally, if the trust is registered under the Registrar of Societies or Charity Commissioner, you'll need to inform them and submit supporting documents.
In some cases, especially for public trusts, court approval may be required if the original deed doesn't allow changes. It's advisable to consult a legal expert to ensure all steps are properly followed.
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