investment in equity shares by trusts
This query is : Resolved
Raghupathy M
(Querist)
04 February 2009
Kindly clarify that trusts( education, marriage) can invest in shares of listed/ unlisted companies?
Kindly clarify that trusts( education, marriage) can invest in shares of listed/ unlisted companies?
CA. B.SRINIVASULU
(Expert)
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.
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Raghupathy M
(Querist)
05 February 2009
Thank your sir
Raghupathy M
(Querist)
05 February 2009
Thank your sir
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