CA Sansaar
- All Categories
- Income Tax (1633)
- Students (770)
- Service Tax (497)
- Corporate Law (465)
- Audit (399)
- Accounts (340)
- VAT (277)
- GST (145)
- Excise (106)
- Finance (105)
- Banking (46)
- FEMA (40)
- Custom (29)
- Shares & Stock (18)
- IFRS (18)
- Income Tax Software (5)
- Cost Inflation Index (1)
Recent
- GST Notice Received: How Should a Taxpayer Respond?
- CA vs CMA: Which is better?
- Can a Chartered Accountant Sign Estimated Financial Statements?
- Want to assist in Forensic Audit
- Revising 3CA 3CD to 3CB 3CD
- LFAR in Bank Branch Audit - Clause-by-Clause Discussion by CA Vivek Khurana Notes required
- Bank Branch Audit
- Got high refund
- Form 67
- GSTR9
- Partner of CA firm required
- RENEWAL OF REGISTRATION
- financial statements
- income Tax
- ITR Filing
- Property Attachement
- Liability of Independent and Non-executive director
- financial statements
- stock statement procedure for bank od loan
- ITR FILING OF ARMY UNIT
- signing of Project report
- NON CORPORATE BALANCE SHEET FORMAT
- CA FINAL
- Accounting Treatment of Mutual Fund under IndAS
- ITC Availed & Utilized on Supply from Non-Existent Firms
- GST Liability of Award received by a Company
- Reund of TDS Excess Deposited
- Income Tax TDS
- gst
- Reconstitution of partnership firm in case of death of partner and introduction of new partner
- Consolidattion of financial statemement
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- NR GST NUMBER
- Presumptive Income
- tax audit late filing penality provision applicable f.y.23-24
- Interest in outstanding demand
- sale turnover declared as per books or AIS show in itr f.y.23-24
- GST
- tax audit or normal itr filed f.y. 23-24
- PF Withdrawal and ITR
Q. > Please Help: TRUST CONVERT IN COMPANY
A HOSPITAL RUNNING IN FORM OF TRUST. CAN IT CONVERT IN COMPANY. HOW
answered Apr 21, 2012 by Mrattunjay , New Delhi
yes can be, please see my specific comments for the same
answered Apr 22, 2012 by Vikash Kumar Jha , Cuttack
The law prohibits a nonprofit from entering into an agreement to transfer a material amount of its assets or operations or to a change in control of operations to a person organized or operated as a for-profit entity without first notifying the attorney general and commissioner and receiving their approval. These provisions apply as well to any entity affiliated with a nonprofit through governance or membership, including holding companies or subsidiaries.
thus for conversation it required "Certificate of Need Determination Letter and Conversion Application"
Experts Panelist
Comments
Mrattunjay
21-Apr-2012 , 06:44:23 pmYes, can be but lot of legal formalities like filing of application for closing of trust, new all formalities as required in case of new company formation .......
Vikash Kumar Jha
22-Apr-2012 , 12:42:10 amState law requires her designee and the attorney general to review and approve a nonprofit organisation to sell or otherwise transfer a material amount of its assets or operations or to change the control of its operations to a for-profit entity . Any agreement without such approval is void.