Minimum no. of trustees?

R.C.Jain and Associates (Member) (134 Points)

07 March 2014  

There is a trust and there are 3 trustees in that trust. 1 trustee died during the previous year and other two trustees continued to maintain the trust.

Query is what is the minimum requirement of trustees in a Trust as per Bombay Trust Act?

what are all formalities to be followed in case of a death of a trustee relating to any submission to Trust authorities, changes in trust deed?