How To Register Under Indian Trust Act

Our client services office provides services and funding to individuals registered under the indian act.

How to register under indian trust act. A trust deed on stamp paper of requisite value. An easy way to understand how the trust is registered and operated. The photocopy of the deed should also contain the signature of settlers on all the pages. We also help people register for indian status. Go to the local registrar submit the trust deed along with one photocopy for registration.

Property that shall devolve upon the trustee s under the trust for the benefit of the beneficiaries note. Formation of trust and registration of trust as per indian trust act. In the metro city of india trust can be registered in the office of sub registrar. Trust registration under india trust act 1882 this application form duly stamped signed on each document of the application form wherever indicated be returned in original along with the form of undertaking eligibility criteria forms and. Additionally the name so suggested should not come under the restricted list of names as per the provisions of the emblems and names act 1950.

At the time of registration the settler two witnesses are required to be personally present along with their identity proof in the original. C one passport size photograph copy of the proof of identity of each of the two trustees. Typically a public charitable trust must register with the office of the charity commissioner having jurisdiction over the trust generally the charity commissioner of the state in which the trustees register the trust in order to be eligible to apply for tax exemption. B one passport size photograph copy of the proof of identity of the settlor. According to the indian trust act beneficiary can be any person capable of holding property.

Secure certificate of indian status status card bill c 3 and gender equity in the indian registration act. Trust is created with a document named trust deed. According to section 21 of the indian registration act 1908 a deed of trust relating to immovable property must for the purposes of registration contain a description of the property sufficient to identify it. Registration process for public charitable trust choose an appropriate name for the trust this is the first step in registering the trust. Trust registration under india trust act 1882.

A proposed beneficiary may renounce his interest under the trust by disclaimer addressed to the trustee or by setting up with notice of the trust a claim inconsistent therewith. Requirement for registration of trust deed with the local registrar under the indian trusts act 1882. Under the indian trust act 1882 the owner trustor can register a trust as an organization where the rights of the property are transferred to another person called trustee for the benefit of the third person who can take benefit from that trust is called beneficiary overview of trust registration drafting of a trust deed by.