| |
Trust |
Society |
Section-25 Comapny |
| Statute/Legislation |
Relevant State Trust Act or Bombay Public Trusts Act, 1950 |
Societies Registration Act, 1860 |
Indian Companies Act, 1956 |
| 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 25 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 trustees. 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 |
