Question ID :
39274
Merger of trust
What is the procedure for merging a charitable trust registered under sec. 12 A with another such Trust?.suppose if the charitable has immovable properties - land and buildings whether they have to be sold before merging?
Posted by
nagappan.sm
on
Jul 05, 2019
Filed Under
MERGER & ACQUISITION
by an order of a competent court, the assets will be vested on the transfree trust, without executing a sale deed.
Posted by
CA. VENKITARAMAN K V on
Jul 06, 2019
Answer ID :
79002
Trust need not to sell the immovable property.
Posted by
CA PRADEEP C B on
Jul 10, 2019