investment in equity shares by trusts

This query is : Resolved 

04 February 2009

Kindly clarify that trusts( education, marriage) can invest in shares of listed/ unlisted companies?

04 February 2009 No the trusts cannot invest in shares of listed or unlisted companies if it is a public trust. Howver if the trust has got shares from the author of the trust then they can keep with them until it is disposed off.

05 February 2009 Thank your sir

05 February 2009 Thank your sir


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