Trust Deed changes

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(Querist)
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09 July 2021 Can a trust change some of the trustees by a supplementary deed as per the manner in the old Deed. Whether permission from the IT department is necessary or should we intimate them about the change in the trustee by supplementary deed.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 July 2021 Yes,it us quite possible to change any trustee of a charitable trust. The procedure for bringing this change is to pass a resolution in the meeting of the board of trustees related to the issue. There should be a genuine reason for the change.
Intimate the change to IT department.

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