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vishwakarma (legal manager)     23 November 2009

Can trustees of a trust join an existing partnership firm

Dear Friends,

I have a query in respect of admission of partners in existing partnership.

Can the trustees of a trust join an existing partnership firm in the capacity of trustees of the trust?

Regards

Vishwakarma

 



Learning

 1 Replies

Devajyoti Barman (Advocate)     23 November 2009

The trustee can become a partner of a partnership firm if the trust deed entrust him to do so. All the agreements executed by the tustee in its official capacity is purely guided by the direction of the trust and its objective.


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