Trust formation-Whether a Company can become a member
Rema
(Querist) 07 November 2010
This query is : Resolved
Pls. Give the details of Public Trust and Private Trust and what are the differences and the advantage etc. In my office, I had to answer the following questions and answered in the following way. Am I right? Or any suggestion on the opinion. If any opinion plz.
Question: Whether a public or private limited Company can become a member of a Private Trust. And whether a public or private Company can become a member of public Trust. Question 3: Whether two public Company can constitute a Trust for conducting an engieering college under AICTE norms and CBSE shcool.
s.subramanian
(Expert) 08 November 2010
Yes. I agree.
Sri Vijayan.A
(Expert) 08 November 2010
Whether the Trust is public or private depend upon the beneficiary. The other questions are answered by Mr.Makkad
DEFENSE ADVOCATE.-firmaction@g
(Expert) 15 November 2010
But it will depend upon the rules and procedures AICTE since you have to take reconisation from them.
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