Magus can help you with to register a Trust for you, as and when required, in a hassle-free manner within a reasonable time span and for competitive professional fee. To know more, please book a telephonic appointment with one of our consultants free of charge.
The process of registration of trust can take anywhere between 7 to 10 working days, subject to submission of correct information and complete documentation.
The broad process of registering a Trust involves following steps: STEP 1 : Provision of requisite mentioned documents/information to us STEP 2 : Validating the documents/ information and processing the same STEP 3 : Filing of application and submission of the same STEP 4 : Payment of appropriate government fee as applicable STEP 5 : Processing of the application and issuance of registration certificate
PAN Card (All the Members) ID Proof (All the Members)(Passport/ Voter ID/ Aadhar Card/ Driving License) Address Proof (All the Members)(Telephone Bill/ Mobile Bill/ Savings Bank Statement) Passport size Photograph (All the Members) *All the documents mentioned above in point no 1 to 3 need to be self-signed by the respective proposed directors/ members/ shareholders *All the utility bills or bank statements shall be less the 2 months old
Minimum of 3 members are required to form a Public Trust.
Before proceeding to trust registration, you should know whether your trust is a valid trust. The state public trust laws do not state any essential ingredients of a valid trust. However, the Indian Trusts Act, 1882 which governs private trust states that a valid trust must: Have a lawful purpose. Be for a beneficiary. Contain a property as its subject-matter. Such property must be transferable to the beneficiary. Be the creation of a person who is competent to contract. Have a written and signed document for immovable property. Appoint at least two trustees. Have one settler. Be for an object...