A public charitable trust may be terminated when its purpose is completely fulfilled2 min read . Updated: 30 Jun 2020, 10:09 PM IST
A trust may also be wound up if its purpose becomes unlawful or when the fulfilment of purpose becomes impossible
My great grandfather, who has passed away, formed a Trust, naming family members as trustees for doing various charities from the income derived from the properties. It was created through a registered Will. It was mentioned in the Will that after the demise of any trustee, his eldest male heir will become the trustee.
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