Query in relation to trust

Meenu (-) (24 Points)

15 March 2014  

Please guide me that, what is the procedure of winding-up a private discretionary trust of a company, which was created for undertaking the welfare activities for the staff of settlor company. The trust is having only FDR's and interest on FDR's is the only source of income for the trust. Trust is not performing any activity since last so many years.