DISSOLUTION OF TRUST
This query is : Resolved
12 October 2010
HOW DISSOLVE A TRUST??..
12 October 2010
As per section 77 of the Indian Trust Act,1882, a trust may be extinguished or terminated if “its purpose becomes unlawful”. However, when a public charitable trust is properly and completely constituted, it becomes irrevocable, even though it is voluntary. Accordingly, there is no provision under the various Public Trusts Acts to legally terminate or dissolve a valid public charitable trust. However, the assets and liabilities of the trust can be transferred to another charitable trust having similar objects thereby the former trust can be dissolved. But a revocable trust can be dissolved as per the terms and conditions of the trust deed.
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13 June 2013
mr. kathuria,
https://www.paryca.org/images/Legal%20Due%20Diligence/Partnership%20Deed/Dissolution%20Deed.pdf
if you require format for dissolution please provide ur email so that post this(it is available in pdf file)
regards,
https://www.paryca.org/images/Legal%20Due%20Diligence/Partnership%20Deed/Dissolution%20Deed.pdf
if you require format for dissolution please provide ur email so that post this(it is available in pdf file)
regards,
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1 times
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