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Gaurav sharma   30 October 2020

Trust deed

Dear experts,
Please tell it is mandatory to register every trust deed with registrar if someone wants to open bank A/c in name of trust with some amount


 2 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     30 October 2020

Hello,

Bank will not allow you to open the bank account in the name of the unregistered trust. You have to register the trust with the registrar. 

kavksatyanarayana (subregistrar/supdt.(retired))     30 October 2020

Your query is an academic query.  What is your problem?  Public trusts etc shall be registered before the Sub Registrar concerned and the other trusts under the Societies Registration act.  Which type of Trust, is it private, public, or educational? 


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