Can a compnay be an applicant and trustee of public charitable trust
Querist :
Anonymous
(Querist) 15 June 2011
This query is : Resolved
we are in process of registering a public charitable trust wherein one of the trustee is the company,
the application for registration was made by the Company Secretary of the Company as an authorised signatory of the company.
however, the same was not accepted on the ground that the company can not be a trustee and an applicant for making the application before the Charity Commissioner.
however, the Act allows the company to be a trustee if the MOA allows,can anybody guide on the above issue about the company be an applicant and trustee?
Querist :
Anonymous
(Querist) 25 August 2011
After the perusal of the Act we have concluded that a company can be a trustee if the articles of the company allows and In this case we were directed by the Hon Charity Commissioner that the Company can not be an applicant to form a trust, an applicant has to be an individual.
