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Trust

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(Querist)
06 September 2012 Dear Sir,
Pl clarify the following doubt
1.How many persons are required (Minimum) to create a Charitable Trust in Tamil Nadu?
2. How many persons can act as trustees of a (Maximum) Charitable Trust in Tamil Nadu?

3.How many persons (Minimum & Maximum) are required to creat a Association of persons like Flat Owner's Association, Club Member's Association in Tamil nadu?

Regards,
S Jegadeesan
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
06 September 2012 1. Author, Trustee, Beneficiary. Two Person as Trustee Enuf. Beneficiary Can be Same Person.

2. No Such Limit as I Know.

3. No Such Limits in Max Side.
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CA Ilayaraja

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CA Ilayaraja (Expert)
06 September 2012 A trust needs a minimum of two trustees and a settlor ; there is no upper limit to the number of trustees. The Board of Management comprises the trustees. As far as AOP is concerned 2 or more persons can form a trust.
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S.Jegadeesan

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S.Jegadeesan (Querist)
08 September 2012 Dear Sir,
Thank you so much for your reply.

Regards,
S.Jegadeesan
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