https://www.taxtmi.com/forum/issue?id=3876 A public charitable trust has been offered a corporate takeover of its working and management; the central issue is whether trustees can effect a management transfer by inducting new trustees and resigning, considering minimal corpus and assets. Related concerns include the permissibility and valuation of any goodwill consideration, the lawful recipient of such consideration, and the tax and regulatory consequences for the trust and incoming manager. en-us Sat, 03 Mar 2012 10:43:49 +0530 Thu, 23 Jan 2025 15:58:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3876 A public charitable trust has been offered a corporate takeover of its working and management; the central issue is whether trustees can effect a management transfer by inducting new trustees and resigning, considering minimal corpus and assets. Related concerns include the permissibility and valuation of any goodwill consideration, the lawful recipient of such consideration, and the tax and regulatory consequences for the trust and incoming manager. Discussion-Forum Indian Laws Sat, 03 Mar 2012 10:43:49 +0530 https://www.taxtmi.com/forum/issue?id=3876