Any cortract made under 295, 297,299 which cover trust

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Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2011 Any contract made under 295, 297,299 which cover trust?
Wheter Trust cover in defination of Body Corporate?

CA Pabbaraju Laxmi Narasimha

CA Pabbaraju Laxmi Narasimha (Expert)
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25 October 2011 Where in any statute, the term which has been defined u/s 2 of the respective statute, it applies to the Respective ACT.

The term BODY CORPORATE is defined u/s 2(7) of the companies act,1956.
In this regard, sec 2(7) includes the companies.

Every company is a corporate and is always a Body corporate.
But every Body corporate need not be a company.

If the trust is the company then Sec 295,297,299 will apply.