11 January 2012
I want to know maximum and minimum no. of trustees including office bearers allowed under bombay public trust act for a public trust registration
12 January 2012
The Act is silent in this regard and therefore by inference even a single trustee can be on the Board. However, this is not a good or desirable practice. At the time of registration, the charity commissioner usually insists on minimum of two trustees to start and run a trust. In law, there is no maximum limit to the number of trustees on the Board of a trust. The minimum and maximum number of trustees should be clearly stated in the trust deed.
12 January 2012
The Act is silent in this regard and therefore by inference even a single trustee can be on the Board. However, this is not a good or desirable practice. At the time of registration, the charity commissioner usually insists on minimum of two trustees to start and run a trust. In law, there is no maximum limit to the number of trustees on the Board of a trust. The minimum and maximum number of trustees should be clearly stated in the trust deed.
CAclubindia
