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Query Details

Asked by Prashant on :Jun. 15, 2018

Can a trust give loan to another trust having sim…

Can a trust give loan to another trust having similar objectives?

Can a trust give loan to another trust having similar objectives?

0

Jeeba Jun. 15, 2018

Yes, A trust can give a loan or advance to any other public trust or institution having similar objects, for the purpose of furthering those objects.

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Harassing: Disrespectful or rude towards a person or a group. Spam: Promotes an undisclosed link or product or service. Ingenuine: Not seeking genuine answers. Rotten: Vulgar, Obscene, abusive etc... Alien: Not a post on law or business. Plagiarism: Copied from other website or source and pasted here. Unformatted: Has bad format, grammar, spelling so requires moderatation.

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