Can An Nri Become A Trustee In India
As you may know, trusts in India are governed by the Indian Trusts Act 1882. Most of the states have adopted this act and other have adopted it with a few changes. This act has sections that stipulate as to how a trust should function and who can be a trustee. The Indian Trusts Act 1882 does not explicitly bars an NRI from becoming a trustee but there are a few indirect consequences that may hamper the way....