The Charitable and Religious Trusts Act, 1920

The Charitable and Religious Trusts Act, 1920 was enacted to provide for the better control and management of charitable and religious trusts in India. The Act defines what constitutes a charitable or religious trust and lays down the legal requirements for their registration. It also outlines the powers and duties of trustees and sets out provisions for the inspection and audit of trust accounts. The Act aims to ensure that trust properties are utilized only for their intended purposes and that the interests of beneficiaries are protected. Non-compliance with the provisions of the Act can result in the cancellation of the trust's registration and penalties for the trustees.