Conversion of trust/co-operative society into company
Harish Wani
(Querist) 29 November 2014
This query is : Resolved
Dear Experts,
1)Can anyone please guide me to the process of conversion of Trust/Co-operative Society into Section 25 Company.
2) Can trust transfer their property to company? if yes How?
Thanks Experts
ROHIT SHARMA
(Expert) 29 November 2014
1. Yes, this can be done after a proper resolution is passed by the body of the trustees of the co-operative society and a proper application is made to the concerned Company Law Board Registrar for such conversion. Then the property of the trust can be amalgamated with the assets of the company.