Closure of charitable trust

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prasad (Querist)
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03 March 2015 Sir,
Please let me know the the process for closure of Charitable Trust in Chennai.our reason for closure is that we not able to get any donations. Who Should be informed about the closure?Is there any particular form to be submitted before the concerned authority.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 March 2015 1- Hand over the all the assets of the trust to similar Charitable trust to serve the similar cause

2- If there are no assets, inform the same to Concerned Authority/Commissioner of Trusts & Charities Institutes, that it is closed and there are no assets remained with Trust.
3. Inform Jurisdictional commissioner who granted 12A registration.

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