Bringing a non operational trust to active state

Hello Friend,

I am dealing with these types of Trusts affairs for some Years, I will suggest you to

(1) You should pass a Resolution to Retire or Admit New Members, Retireing or apponting Presedent  and Secretary etc. and Inform it to the Registrar of Trust through proper Filing.

(2) Yes , You can buy any Movable or Immovable property in the name of Trust, You have to pass a Resolution to specify the Signing authority of the Deeds and Documents of the Trust, you can intimate it to the Bank also for operating the Bank Accounts.

(3) Its depends on you, but now a days its a little bit difficult to Form a New TRUST, its better you Continue the Old one. You cant dissolve it without updating and Filling completion with Income Tax Department as well as Registrar of TRusts.

You must go to the experts of Trusts to brought it to the Operation. For further clarafication you are always welcome.

Thanks & Regards

Nurul Hoda

(Accounts & Tax Consultant)

E-mail.: nurulhoda0 @ yahoo.com

Mobile: +919831500499