Employees welfare fund

Bikram Sarkar (Querist) 17 February 2013 This query is : Resolved
how to form an 'employees welfare fund'? Should it be registered under trust act or societies registration act?

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Raj Kumar Makkad (Expert) 17 February 2013
It shall be better to register a society instead of trust by drafting and adopting terms and conditions. It is better to obtain services of a local lawyer for this purpose.

Bikram Sarkar (Querist) 17 February 2013
Dear Mr. Makkad
Would you pls explain why it is better to register a society instead of trust?

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