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TRUST DEED IN INDIA

TRUST DEED IN INDIA

Contents of the Trust Deed in India for registration of NGO

TRUST DEED

A trust may be created by any language sufficient to show the intention and no technical words are necessary.

A trust-deed, generally, incorporates the following:

i. the name (s) of the author(s)/settler(s) of the trust;

ii. the name (s) of the trustee(s);

iii. the name(s) if any, of the beneficiary/ies or whether it shall be the public at large;

iv. the name by which the trust shall be known;

v. the place where its principal and/ or other offices shall situate;

vi. the property that shall devolve upon the trustee(s) under the trust for the benefit of the beneficiary/ies;

Note: In terms of 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.

vii. an intention to divest the trust property upon the trustee(s);

Note: It may be stressed here again that the very foundation of a charitable or religious trust is intention. The intention should be expressed in unequivocal language and with a reasonable degree of certainty. Though no particular or technical words are necessary, yet the words used must be capable of definite meaning.

viii. the objects of the trust;

ix. the procedure for appointment, removal or replacement of a trustee,
their rights, duties and powers, etc.

xi. the mode and method of determination of the trust.

TRUST DEED IN INDIA

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The government and NGO associations have released several samples and specimen copies of trust deeds which can be used for incorporating the Non Governmental Organization.

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Click Here to Download:  SAMPLE Deed of Trust

Click here to Download:  (1)  sample_Trust_deed

TRUST DEED IN INDIA

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TRUST DEED IN INDIA

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