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Comparison between Trust, Society & Company U/s 25
Comparison between Trust- Society -U/s 25 Company.
Features Trust Societies U/s 225 Company
Object Charitable, Religious, Wellfare of the member, Families, Debenture redemption trust, Employee Welfare trust. Ex. PF Trust, Superannuation Trust etc Charitable , literacy, Health, Scientific and any social purpose. Non Profit activities
Formation procedure Simple Simple Complicated
Relevant Legislation Indian trust Act,1866 Societies Act,1860 Companies Act,1956
No. of person Minimum 3Members Minimum 7Members Minimum 2Members
Penalties Lesser penalties Lesser penalties Higher Penalties
Set up and running Cost

Nominal

Nominal Comparatively more
Charter Trust Deed By laws and Rules & Regulation Memorandum of Association and Article of Association
 
Contact for this Service
CA Manoj Gupta
e-mail:
services@mnrsindia.com
Tel: +91 (11) 46502975
Telefax: +91(11) 29812975
Mob: 9891745999
     
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