Hello Sir/Madam,
Can anybody let me know the procedure for closing down a Trust?
Dolly Jain (CA JOB) (142 Points)
16 December 2013Hello Sir/Madam,
Can anybody let me know the procedure for closing down a Trust?
CA SURENDRA KUMAR RAKHECHA
(Practising CA at Surat)
(26263 Points)
Replied 20 December 2013
You can merge the trust with other trust which is working well and/or apply to the Charity Commissioner to close the trust stating the following reasons :
1. No trust funds
2. Retirement/Death of Trustees
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