charitable trusts
This query is : Resolved
20 January 2009
I have few Q on chatitable trusts:
Q1 : creating a charitable trust with immovable property as corpus - does it requires registration ?
Q2: can a charitable trust act as a settlor of a charitable trust ?
Q3: if registration is not mandatory - the effect on title ?
Q1 : creating a charitable trust with immovable property as corpus - does it requires registration ?
Q2: can a charitable trust act as a settlor of a charitable trust ?
Q3: if registration is not mandatory - the effect on title ?
21 January 2009
Yes and it make incur huge stamp duty if there more than one setllor.
May not be advisable.Ct can give to another trust .
Registration is mandatory.
May not be advisable.Ct can give to another trust .
Registration is mandatory.
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