Aditya NGO Consultancy
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OUR BANK DETAILS

The payment deposited in our following ICIC Bank Accounts and intimation given us our phone, SMS, email:-

Ac Name : Aditya Consultancy
Bank’s Name : ICICI Bank
Account No. : 186705500528
A/C Type : Current A/C
Branch : Nandanwan, Nagpur
IFSC Code : ICIC0001867

(Payment should be made by CASH / DD / Cheque in favour of Aditya Consultancy Payable at NAGPUR)

Trust Registration Requirements

Charitable trust Registration
Every charitable Trust is formed by registration of a trust deed. Therefore, Charitable Trust Registration invariably refers to a trust deed. There are more than seven hundred thousand different types of federally recognized nonprofit organizations in the India. However, the official seal have not been issued in favor of many of them.
Registration of charitable trusts require, that you should have some basic knowledge about how to set up a new trust as far as, its registration, the requirements for such registration, and the fees payable for the registration are concerned. Both, the Federal and the State authorities have set up their system of registration of charitable trusts. Specific laws like the Trust Act 1882 have been promulgated, and application forms have been prescribed to facilitate the process of registration.
People set up charitabletrust with the combined purpose of getting involved into charitable activities, while accruing certain benefits for him, his heirs, and successors. Other pertinent reasons for which people set up charitable trust are to avail tax exemptions. Such charitable trusts are nonprofit organizations. However, to avail all these benefits, the charitable trust should have a legal entity. Such legal entities are conferred by means of Charitable Trust Registration, a process laid down under the Trust Act and the Federal laws.

Trusts

A public charitable trust is usually floated when there is a property involved, especially in terms of land and building.

] Legislation

Different states in India have different Trusts Acts in force, which govern the trusts in the state; in the absence of a Trusts Act in any particular state or territory the general principles of the Indian Trusts Act 1882 are applied.

Main Instrument

The main instrument of any public charitable trust is the trust deed, wherein the aims and objects and mode of management (of the trust) should be enshrined. In every trust deed, the minimum and maximum number of trustees has to be specified. The trust deed should clearly spell out the aims and objects of the trust, how the trust should be managed, how other trustees may be appointed or removed, etc. The trust deed should be signed by both the settlor/s and trustee/s in the presence of two witnesses. The trust deed should be executed on non-judicial stamp paper, the value of which would depend on the valuation of the trust property.

Trustees

A trust needs a minimum of two trustees; there is no upper limit to the number of trustees. The Board of Management comprises the trustees.

Application for Registration

Section-25 Company

According to section 25(1)(a) and (b) of the Indian Companies Act, 1956, a section-25 company can be established ‘for promoting commerce, art, science, religion, charity or any other useful object’, provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members.

Legislation

Section-25 companies are registered under section-25 of the Indian Companies Act. 1956.

Main Instrument

For a section-25 company, the main instrument is a Memorandum and articles of association (no stamp paper required)

Trustees

A section-25 Company needs a minimum of three trustees; there is no upper limit to the number of trustees. The Board of Management is in the form of a Board of directors or managing committee....[Application for Registration
1. An application has to be made for availability of name to the registrar of companies, which must be made in the prescribed form no. 1A, together with a fee of Rs.500/-. It is advisable to suggest a choice of three other names by which the company will be called, in case the first name which is proposed is not found acceptable by the registrar.
2. Once the availability of name is confirmed, an application should be made in writing to the regional director of the company law board. The application should be accompanied by the following documents:

3. The applicants should also, within a week from the date of making the application to the registrar of the companies, publish a notice in the prescribed manner at least once in a newspaper in a principal language of the district in which the registered office of the proposed company is to be situated or is situated and circulating in that district, and at least once in an English newspaper circulating in that district.
4. The registrar of companies may, after considering the objections, if any, received within 30 days from the date of publication of the notice in the newspapers, and after consulting any authority, department or ministry, as he may, in his discretion, decide, determine whether the licence should or should not be granted.
5. The registrar of companies may also direct the company to insert in its memorandum, or in its articles, or in both, such conditions of the licence as may be specified by him in this behalf.






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