Poonawalla fincorps
Poonawalla fincorps

Can a charitable/ religious trust be a company?

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 July 2012 Can a Charitable/ religious Trust be a company?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
03 July 2012 Yes it can be registered as a company.
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 July 2012 hey siddhartha kindly let me know the relevant section/ provision for the above posted query.
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
03 July 2012 Religious trust/ Charitable trust are registered u/s 25 of the companies Act.
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
03 July 2012 Since they are non profit organisation and do not use the word "Limited/Pvt Limited" at the end of its name.
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 July 2012 can a mandir trust be called a company?
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
03 July 2012 Yes, Mandir/Temple is a religious trust and can be a company u/s 25.
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 July 2012 dear amit section 25 states that if a company is registered u/s 3 of companies act & apply to the CG for registration u/s 25 then only a company can registered under the same section.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
03 July 2012 You cannot 'CALL' any trust as company. You have to register it with the Registrar of Companies.

Only then it is given the status of a COMPANY.

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