Poonawalla fincorps
Poonawalla fincorps

public charitable trust

This query is : Resolved 
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(Querist)
22 February 2011 A public charitable trust wanted to pay dividend to a Donner every year from the profit earned can it be paid or not.
thanks in advance
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
23 February 2011 Public charitable trust cant function like company. A private trust can be formed for the same.

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