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John Sundar Dorai   02 November 2020

Trust

A Public Trust registered under Companies Act u/s 8. Trust Act or Company Act will be applicable


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 1 Replies

Subhasri Chatterjee   03 November 2020

Hello

Private Trusts are governed under Indian Trusts Act, 1882. Whereas Section 8 companies are registered under and governed by Companies Act 2013. 
Indian Trust Act is not valid to the public trust. The public trusts are generally governed by law, except in states like Maharashtra, Gujarat etc. which have separate public trust acts.
If no separate Public Trust Act is applicable in your state, the Companies Act would be applicable to the Public Trust.

Hope this answer helps you.

Best regards,

Subhasri Chatterjee

 


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