No election conduct in trust. Trustees are appointed as per trust deed or by board with 2/3rd majority.
What is election period in indian public trust?
No election conduct in trust. Trustees are appointed as per trust deed or by board with 2/3rd majority.
Trust is a form of organization which is formed by obligation annexed to the ownership of the property, and arising out of confidence reposed by owner. The author or will maker transfers the property to be used for a purpose. If the objective is to benefit few individuals, it becomes a private trust and if it uses ‘property’ for common public or for community at large, it is called a public trust.
Elections take place once in 5 years to elect 545 members for the Lok Sabha (Lower house).