Section 6 of CEA : Section 6: Mode Of Applying For Vesting Orders And Schemes

Explanation using Example

Imagine a group of residents in a community want to establish a trust to maintain a local park. The park is already held in trust for the purpose of providing green space for recreation. One of the trustees, Mr. Sharma, has been actively involved in the administration of the trust. To ensure proper management and potential tax benefits, Mr. Sharma and the majority of the other trustees decide to apply to have the property vested in the Treasurer of Charitable Endowments.

In this scenario, Section 6(1)(a) of The Charitable Endowments Act, 1890 would apply, as the property (the park) is already held in trust for a charita...

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