Educational trust

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 December 2012 A MEMBER GIVE A LAND TO EDUCATIONAL TRUST ON RENT......THAN TRUST CAN CONSTRUCATION ON THE LAND...?THAT IS POSSIBLE OR NOT?

03 December 2012 Prima Facie... YES, it is possible.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 December 2012 how?its possible


03 December 2012 Land is owned by Individual Say Mr. XYZ. The land is leased out to a trust. The trust gets the approval of charity commissioneer for the construction subject to rules of the concerned Municipality/ Corporation.

03 December 2012 That All Depend on Mutual Understanding & Agreement Between lender & Trust.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries