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Can trust purchase and hold agricultural land in gujarat

This query is : Resolved 

21 October 2012 THERE IS A CHARITABLE TRUST. TRUST WANTS TO PURCHASE AN AGRICULTURAL LAND. ONE OF THE TRUSTEE IS A FARMER BUT HE DONT HAS THE MONEY. CAN TRUST GIVE HIM LOAN AND THEN HE GIVE IT AS A GIFT TO THE TRUST? THE LAND IS IN GUJARAT AND TRUST DONT WANT IT TO HAVE NA STATUS OF THE LAND.

24 October 2012 No trust cannot obtain agricultural land.



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