Trust
|
Society
|
Section-8 Company
|
|
Statute/Legislation
|
Relevant State Trust Act or Bombay Public Trusts Act, 1950
|
Societies Registration Act, 1860
|
Indian Companies Act, 2013
|
Jurisdiction
|
Deputy Registrar/Charity commissioner
|
Registrar of societies (charity commissioner in Maharashtra)..
|
Registrar of companies
|
Registration
|
As trust
|
As Society
In Maharashtra, both as a society and as a trust |
As a company u/s 8 of the Indian Companies Act..
|
Registration Document
|
Trust deed
|
Memorandum of association and rules and regulations
|
Memorandum and articles of association. and regulations
|
Stamp Duty
|
Trust deed to be executed on non-judicial stamp paper, vary from
state to state
|
No stamp paper required for memorandum of association and rules
and regulations..
|
No stamp paper required for memorandum and articles of
association..
|
Members Required
|
Minimum – two trustees. No upper limit..
|
Minimum – seven managing committee members. No upper limit..
|
Minimum three Members.. No upper limit..
|
Board of Management
|
Trustees / Board of Trustees
|
Governing body or council/managing or executive committee
|
Board of directors/ Managing committee
|
Mode of Succession on Board of Management
|
Appointment or Election
|
Appointment or Election by members of the general body
|
Election by members of the general body
|
Working Together : Making A Difference (A Training Provider and Development Consultancy Agency)
Wednesday, 4 April 2018
Comparision Among Trust, Society and Non Profit Company..
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