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Sunjai Goenka   01 December 2021

Can a public charitable trust be converted to a section 8 company

Sirs, A Public charitable trust was formed in 1945. The present trustees wish to convert the Trust into a Section 8 company. There is land , buildings in the Trust and and also tenants living in the property of the Trust.

Please throw light on this.

Thank You

 



 1 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     01 December 2021

Yes, it is possible to convert a Trust into Section 25 company. 
I think the date of formation of NGO will remain the same but it will be considered as Company from the date on which it is converted into Company.


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