NAVIGATING THE NEXUS: A COMPREHENSIVE EXPLORATION OF COMPANY VS TRUST REGISTRATION FOR EDUCATIONAL INSTITUTIONS IN INDIA

AUTHOR – ANKITAA N. IYER, STUDENT AT SYMBIOSIS LAW SCHOOL, PUNE

BEST CITATION – ANKITAA N. IYER, NAVIGATING THE NEXUS: A COMPREHENSIVE EXPLORATION OF COMPANY VS TRUST REGISTRATION FOR EDUCATIONAL INSTITUTIONS IN INDIA, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 4 (1) OF 2024, PG. 1675-1678, APIS – 3920 – 0001 & ISSN – 2583-2344.

ABSTRCT

India’s business landscape is characterized by dynamism and is evolving with the changing needs of the day. In this background, the choice of form of business plays a pivotal role in deciding its sustainability. The study meticulously examines the divergent legal framework, mechanisms of governance, funding strategies, and tax implications and provides a comprehensive evaluation of the pros and cons of two particular forms of business – company and trust, for registering an educational institution. Delving into pertinent case laws, this paper sheds light on the delicate equilibrium between profit aspirations and the noble objective of providing education. It thus forges a path for informed decision-making and management of such institutions, as these are the bedrock of societal progress in India.

KEYWORDS: Educational Institution, Not-for-Proft Organization, Trust, Section-8 Companies, Registration.