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Formation of TRUST (NGO)

Location : Delhi & NCR
» Delhi
» East Delhi
» Patparganj
Posted on : 10-Nov-2009
A Non Governmental Organization is perceived to
be an association of persons or a body of individuals. An association of
persons with non-profit motive may be registered as a "Trust"Procedures of Formation:
Trust: "Trust" is
defined as an obligation annexed to the ownership of property, and arising out
of a confidence reposed in and accepted by the owner or declared and accepted
by him for the benefit of another, or of another and the owner.
A Trust may be created by any language sufficient to know 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 name where its principal and/or other offices shall be situate;
vi. The property that shall devolve upon the trustee(s) under the trust
for the benefit of the beneficiary/ie;
vii. An intention to divest the trust property upon the trustee(s);
viii. The objects of the trust;
ix. The procedure for appointment, removal or replacement of a trustee.
Their rights, duties and powers etc;
x. The rights and duties of the beneficiary/ie;
xi. The mode and method of determination of the trust.
For Trust Registration Contact
Related to : Formation of TRUST
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