CHARITABLE TRUST
This query is : Resolved
14 January 2011
What are the Powers of a Founder of a Charitable Trust and can he be expelled from a Trust?
14 January 2011
It all depends upon Trust Deed.
If he has been appointed as Life Trustee; then he cannot be expelled from the Trust.
If he has been appointed as Life Trustee; then he cannot be expelled from the Trust.
18 January 2011
Thank you sir, can yoy please brief me the roles and responsibilities and powers of a life Trustee.
19 January 2011
The roles and responsibilities of a Trustee (including Life Trustee) are properly defined in the Trust Deed.
.
If they fail to fulfill their duties; they are personally liable to make good the losses born by the Trust.
.
Charity Commissioner can take action against them and he can debar him to remain as a Trustee.
.
If they fail to fulfill their duties; they are personally liable to make good the losses born by the Trust.
.
Charity Commissioner can take action against them and he can debar him to remain as a Trustee.
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