Step-by-Step Guide to Trust Registration in Haryana

Haryana Trust Registration

Welcome to the step-by-step guide to trust registration in Haryana. This comprehensive guide will provide you with all the necessary information and instructions to successfully register a trust in the state of Haryana. Whether you are an individual or an organization looking to establish a trust for philanthropic, educational, religious, or other purposes, this guide will ensure a smooth and hassle-free registration process.

Trust Registration Procedure

Before diving into the registration process, let's understand the basic procedure involved in trust registration in Haryana. The process can be outlined as follows:

1. Drafting the trust deed
2. Stamping and notarizing the trust deed
3. Preparing necessary documents
4. Filing the application for trust registration
5. Verification and inspection by the authority
6. Receipt of trust registration certificate

Trust Registration Process

Now, let's break down each step of the trust registration process in more detail:

Step 1: Drafting the Trust Deed

The first step in the registration process is to draft the trust deed. The trust deed is a legal document that outlines the objectives, rules, and regulations of the trust. It should include the following information:

• Name of the trust
• Registered address of the trust
• Objectives and purposes of the trust
• Details of the settlor and trustees
• Rules and regulations governing the trust
• Procedures for appointment and removal of trustees
• Financial management and reporting mechanisms

It is advisable to seek the guidance of a legal professional while drafting the trust deed to ensure compliance with all legal requirements.

Step 2: Stamping and Notarizing the Trust Deed

Once the trust deed is drafted, it needs to be printed on non-judicial stamp paper and stamped according to the prevailing stamp duty rates in Haryana. The stamp duty varies based on the valuation of the trust property. After stamping, the trust deed should be notarized by a notary public to validate its authenticity.

Step 3: Preparing Necessary Documents

In addition to the trust deed, you will need to prepare the following documents:

• Identity proof of the settlor and trustees (e.g., Aadhaar card, PAN card, passport)
• Address proof of the trustees (e.g., Aadhaar card, electricity bill, telephone bill)
• Two passport-sized photographs of each trustee
• Proof of the registered address of the trust (e.g., property tax receipt, rental agreement)
• Affidavit stating that the trustees are not disqualified under the Indian Trusts Act

Make sure to gather all the necessary documents and keep them ready for submission with the trust registration application.

Step 4: Filing the Application for Trust Registration

Once you have the trust deed and required documents in order, you can proceed to file the application for trust registration. The application should be submitted to the office of the Sub-Registrar of Assurances or the concerned authority of the district where the trust's registered address is situated.

Along with the application, you will need to pay the prescribed registration fee. The fee amount depends on the valuation of the trust property. Make sure to obtain the challan or receipt as proof of payment.

Step 5: Verification and Inspection by the Authority

After receiving the trust registration application, the authority will verify the documents and conduct an inspection of the trust's registered address. The purpose of the inspection is to ensure that the trust is genuinely established and is compliant with all legal requirements.

During the inspection, the authority may request additional documents or information. It is important to cooperate fully and provide any required documentation or explanations to facilitate the registration process.

Step 6: Receipt of Trust Registration Certificate

Once the authority is satisfied with the trust's compliance and authenticity, they will issue the trust registration certificate. This certificate serves as proof of the trust's legal existence and can be used for various purposes, such as opening a bank account in the trust's name or applying for tax exemptions.

Congratulations! You have successfully completed the trust registration process in Haryana.

Trust Registration Documents

Here is a summary of the documents required for trust registration:

• Trust deed
• Identity proof of the settlor and trustees
• Address proof of the trustees
• Passport-sized photographs of each trustee
• Proof of the registered address of the trust
• Affidavit stating the trustees' eligibility

Remember to keep these documents organized and readily available for submission during the trust registration process.

In conclusion, trust registration in Haryana involves a systematic process that requires careful attention to detail and adherence to legal formalities. By following the step-by-step guide outlined in this article, you can ensure a smooth and successful registration process for your trust. It is recommended to seek legal assistance if needed and stay updated with any changes in the regulations or procedures governing trust registration in the state of Haryana.