Can trust be a member of Company?

[Jyoti]

Dear Members,

Please advice me....

Can trust be a member of Company?

Regards,
CS Jyoti Biswas,

Associate Company Secretary

Contact No.: +91-8826435981

[Dharmesh Vankar]

No...

Regards,

CS Dharmesh Vankar (swami)

M 9558930408

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[Tapish Khandelwal]

Yes, trust can be a member of a company.

In my opinion, no provision in companies act, 2013 prohibits a trust to become member of companies act.

Trust is a body corporate and any body corporate can be a member of the company.

However, a trust can hold shares in the company trustees.

Thanks & Regards

Tapish Khandelwal

(Associate Company Secretary)

Direct No: +91 9024038332
Email ID    : TapishKhandelwal93@gmail.com

[Chandravijay Shah & Co.]

Section 89 of the Companies Act, 2013, corresponding to section 187-C of the Companies Act, 1956, regarding Declaration of Beneficial Interest in Shares, needs to be complied with by the Trustee of the Trust–Shareholder.

From: csmy...@googlegroups.com [mailto:csmy...@googlegroups.com] On Behalf Of Tapish Khandelwal
Sent: 18 March, 2017 12:18 PM
To: CSMysore
Subject: [CSMysore] Re: Can trust be a member of Company?

 

Yes, trust can be a member of a company.

In my opinion, no provision in companies act, 2013 prohibits a trust to become member of companies act.

Trust is a body corporate and any body corporate can be a member of the company.

 

However, a trust can hold shares in the company trustees.

 

Thanks & Regards

Tapish Khandelwal

(Associate Company Secretary)

Direct No: +91 9024038332
Email ID    : TapishKha...@gmail.com

On Friday, 17 March 2017 18:11:04 UTC+5:30, jyoti.biswas24 wrote:

Dear Members,

 

Please advice me....

Can trust be a member of Company?

 

Regards,
CS Jyoti Biswas,

Associate Company Secretary

Contact No.: +91-8826435981

 

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Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
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[ACS suresh chaudhary]

https://groups.google.com/forum/#!msg/csmysore/y1Kcsp6Btic/iYgWfr7n01QJ