TRUST REGISTRATION IN TRICHY
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Get Trust Registration in Trichy @ affordable cost. A Trust is a type of NGO which can be created by minimum 2 members competent to enter into a contract(only a person who has attained the age of 18 years can become the member in a trust). The maximum number of members who can become the trustees in a trust is not specified in the Indian Trusts Act, 1882, hence any number of members can become trustees in a trust. We at Shoplegal provides Trust Registration in Trichy must be licit and a trust can be created for the objects such as charitable, Literary, scientific, religious purpose.
Trust Registration in Trichy can be done by a group of people formed with mutual consent to administer, govern and act on a communal purpose. Trusts Registered in trichy are being seen as crucial for the development in India and various governmental and legal benefits are being provided to registered trusts. Shoplegals trust registratioin service providers in Trichy follows all procedures that are listed by govt of India. Organized group of people generally for the promotion of a common cause without any monetary gain.
A trust registration in India is an understanding between individuals called trustees to oversee property over which they have control either to profit others called recipients or beneficiaries or for charitable purposes. Our professional will prepare all the necessary documents and proceed with legal formalities in a easy and effective way.
A Trust is the commitment or obligation set on one in whom certainty or authority is place; it is a certainty rested in an individual by passing on to him the lawful title to property which he is to hold to support others. In this way, the "Trustee" duty remembers security of legitimate possession for the Trust property, the protection of the Trust property and channelizing the income from the Trust property as per the expectations of the maker of the Trust.
Public Trust registration in Trichy:
Establishing and managing schools and colleges to offer education to children.- Creating and operating nursing homes or multi-specialty hospitals to provide medical assistance to the underprivileged.
- Setting up facilities like old age homes to care for seniors, the elderly, and those with disabilities.
- Improving the health of women and children while empowering women in society.
- Offering social support services to the community.
- Providing training programs for economically disadvantaged and marginalized communities.
- Developing and maintaining temples or religious institutions.
- Initiating projects to protect the environment from adverse impacts.
- Supplying basic necessities like shelter, food, clean water, and essential facilities to those in need.
These endeavors aim to enhance education, healthcare, social welfare, and environmental conservation, benefiting various segments of society. If you're looking to support these causes or establish organizations centred on these goals, it could make a significant difference in the community.
Documents required for Trust registration in Trichy
- Name of the Trust
- Main objective of the Trust
- Registered office proof – along with rental agreement, if taken on rent.
- Copy of PAN and Aadhar of Trustees.
- Corpus/ Amount to be funded by the Trustees for the Trust
- Name of the Managing Trustee.
These essential details are crucial when setting up a trust. They ensure proper documentation and governance as you embark on your trust's journey to fulfil its intended purpose.
Private trust registration in Trichy:
In a private trust, the trust's advantages are directed towards specific individuals. The key aims of this kind of trust include:
- Offering welfare and amenities to designated family members.
- Managing and safeguarding specific private properties.
Private trusts are structured to cater to the needs and benefits of specific individuals or families. They focus on providing support and managing particular assets for the designated beneficiaries.