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.
Please anwer. advance thanks.
Rema.
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.