Question ID :
39273
Merger of trust
Whether a charitable trust registered under 12A running an educational institution having immovable properties and not able to run the institution succesfully due to the advanced age of the managing trustee can merge with another charitable institution registered under 12 A
Posted by
nagappan.sm
on
Jul 05, 2019
Filed Under
MERGER & ACQUISITION
yes subject to approval of court, IT dept. Charity Commissioner. Education dept. etc...
Posted by
CA. VENKITARAMAN K V on
Jul 06, 2019
Answer ID :
79001
Yes. Subject to the provisions of the trust deed and prior approval from CIT(E) also required.
Posted by
CA PRADEEP C B on
Jul 10, 2019