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COMFORT financial consultants
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Services |
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Business Setup in & outside India
Audit & Assurance
Tax & Regulatory
Company/ LLP management
NGO management services
Performance Optimization
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Comparison between Trust, Society & Company U/s 25 |
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| Comparison between Trust- Society -U/s 25 Company. |
| Features |
Trust |
Societies |
U/s 225 Company |
| Object |
Charitable, Religious, Wellfare of the member, Families, Debenture redemption trust, Employee Welfare trust. Ex. PF Trust, Superannuation Trust etc |
Charitable , literacy, Health, Scientific and any social purpose. |
Non Profit activities |
| Formation procedure |
Simple |
Simple |
Complicated |
| Relevant Legislation |
Indian trust Act,1866 |
Societies Act,1860 |
Companies Act,1956 |
| No. of person |
Minimum 3Members |
Minimum 7Members |
Minimum 2Members |
| Penalties |
Lesser penalties |
Lesser penalties |
Higher Penalties |
| Set up and running Cost |
Nominal |
Nominal |
Comparatively more |
| Charter |
Trust Deed |
By laws and Rules & Regulation |
Memorandum of Association and Article of Association |
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Contact for this Service |
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CA Manoj Gupta
e-mail:
services@mnrsindia.com
Tel: +91 (11) 46502975
Telefax: +91(11) 29812975
Mob: 9891745999
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