A Registration of Trust is a legal contract between a Settlor and a Trustee. It is governed by the Indian Trust Act of 1882. Trust registration legalizes the Trust Deed from the Registrar of the respective Jurisdiction.
It is usually referred to as a legal arrangement where the Trust’s owner transfers the property to the concerned Trustee (also known as a beneficiary). The object of the Trust is to ensure the seamless transfer of the Trustor’s assets among the beneficiaries as per the clauses cited in the Trust deed.
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What is the Registration of Trust?
Rohit Parti
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2023-02-23T09:49:52+00:00 2023-02-23T10:07:56+00:00Comment
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