Trust

"A" is a managing trustee in trust X.

In trust Y "A" want to come trustee/Managing trustee. Is it allowed under Indian Trust Act ?

Can one person take two trusteeship in two different trusts.

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2 Replies

R.Ranganathan (Advocate) 23 May 2020

Trusteeship depends on the Trust deed executed by the author of the Trust and the purpose of the trust. One can be a trustee of two trusts if there is no conflict of interest and the trust deed does not have any restrictions.