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    Home»NGO’S in India

    Procedure for Registration of Trust under the Indian Trusts Act 1882

    Sushma SinghBy Sushma SinghOctober 30, 2022 NGO’S in India
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    Given below is the procedure for Registration of Trust under the Indian Trusts Act, 1882

    trust-registration-india

    1. Before you register your trust you will need to decide the following:

    a) Name of the trust

    b) Address of the trust

    c) Objects of the trust(charitable or Religious)

    d) One settler of the trust

    e) Two trustees of the trust

    f) Property of the trust-movable or immovable property (normally a small amount of cash/cheque is given to be the initial property of the trust, in order to save on the stamp duty).

    2. Prepare a Trust Deed on stamp paper of the requisite value (8% of the value of the property of the trust in Delhi. The rate varies from state to state)

    3. A requirement for registration of Trust Deed with the Local Registrar under the Indian Trusts Act, 1882:

    a) Trust Deed on stamp paper of requisite value (as stated on point no.2 above)

    b) One passport size photograph & copy of the proof of identity of the settler

    c) One passport size photograph & copy of the proof of identity of each of the two trustees.

    d) One passport size photograph & copy of the proof of identity of each of the two witnesses.

    e) Signature of settler on all the pages of the Trust Deed

    f) Witness by two persons on the Trust Deed.

    4. Go to the local registrar & submit the Trust Deed, along with one Photocopy, for registration. The photocopy of the Deed should also contain the signature of settlers on all the pages. At the time of registration, the settler & two witnesses are required to be personally present, along with their identity proof in the original.

    5. The Registrar retains the photocopy & returns the original registered copy of the Trust Deed.

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    sushma
    Sushma Singh

      Sushma is a seasoned business writer and content creator with over 7 years of experience in the field. She has a talent for taking complex topics and breaking them down into easily understandable language that engages and educates her readers. Her expertise allows her to cover a wide range of topics relevant to the B2B industry, providing business owners with the knowledge they need to make informed decisions and drive growth.

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