WebWhen a trustee dies, the surviving trustees assume his responsibilities and continue to be the trustees of the trust. (1) of the Trustee Act 1925 contains a power for either a person so nominated in the trust or the surviving trustees to appoint a new trustee in their place. Such appointment must be in writing. http://samridhistocks.com/pdf/Download/Corporate%20Declaration%20-%20Trading.pdf

Formation of Trust, drafting of deed, Important Provisions …

WebHOD’s acting as trustees for Group Gratuity Scheme. Hence it is proposed to include 2 more HOD’s as trustees in the group gratuity scheme. When the LIC authorities have been contacted to include other two HOD’s as trustees, they have stated that board resolution is required to include any trustees in that scheme. WebMay 29, 2024 · The respondent filed a claim under Section 7 of the Payment of Gratuity Act, 1972 (Act) contending before the Controlling Authority that balance amount towards gratuity ought to be paid along with ... coleman 10x10 swingwall shelter

FORMAT OF BOARD RESOLUTION - IN CASE OF …

WebOnce the Management of Company give nod for Initial Contribution to be made the Management pass a board resolution to create a Gratuity Trust and Appoint at-least 2 … WebOnce the Management of Company give nod for Initial Contribution to be made the Management pass a board resolution to create a Gratuity Trust and Appoint at-least 2 trustees as per rules of Income Tax Rules, 1962. An Authorization Letter may be issued by the Management for Formation of An Approved & Registered Gratuity Trust to the … http://rushabhinfosoft.com/Webpages/COMPANY%20LAWS/htm/Resind.htm coleman 10x10 instant sun shelter