Convertion of education society in to a trust in karnataka
rajeshs
(Querist) 27 May 2015
This query is : Resolved
Sir, I have 1 question regarding trust, I need your valuable advice.
1) Is there any possibility that an "Educational society can be converted into a trust" (transferring all the assets of the society to trust) specially in Karnataka.
2) If yes, then what are the procedure to do so.
Sir, I read in law club India that To convert society in to a trust, a special government order is required in Karnataka. Moreover if the society is running an educational institution it has to comply with the provisions of Karnataka Education Act 1983 along with the other formalities.
3) So Sir, Please let me know which Government approval is needed is it state or central and what are the procedure to apply for the above said Govt approval and other procedure to convert an education society into trust.
Thanks in advance.....
kavksatyanarayana
(Expert) 30 May 2015
@Author, if the Educational society is dissolved, then its assets and liabilities shall handover to the concerned court(the jurisdiction is where the society is situated) and they will be transfer to a trust/society having same objectives/aims. otherwise orders from State government are necessary.
Rajendra K Goyal
(Expert) 01 June 2015
Local law involved, consult local lawyer and show him all the documents.
Rajendra K Goyal
(Expert) 01 June 2015
Repeated query:
http://www.lawyersclubindia.com/experts/Convertion-of-education-society-in-to-a-trust-in-karnataka-539701.asp#.VWxYuNKqqko
T. Kalaiselvan, Advocate 
(Expert) 04 June 2015
No problem of converting the educational institute into a trust for the same purpose. The state government's permission is enough and also the formalities in that regard may be complied there with.
