Conversion of Trust into Section 8 Company
This query is : Resolved
10 April 2022
I want know the procedure for conversion of trust into section 8 company. I also want to know what approvals we have to take from the trust authority.
if any know about this then please do reply.
if any know about this then please do reply.
10 April 2022
Create section 8 company and get 12AB approval as charitable company.
Pass resolution in the trust to donate all the assets to the section 8 company having similar objectives.
Pass resolution in the trust to donate all the assets to the section 8 company having similar objectives.
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10 April 2022
First all all, thank you for the reply.
Is it possible to to convert same trust into Section 8 company?
Is it possible to to convert same trust into Section 8 company?
11 April 2022
Yes, see the link.
https://www.google.com/amp/s/taxguru.in/company-law/conversion-society-section-8-company-companies-act-2013.html%3famp
https://www.google.com/amp/s/taxguru.in/company-law/conversion-society-section-8-company-companies-act-2013.html%3famp
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