Kaagazaat

Trustee Appointment or Retirement Deed

At a glance

Price
Free, always.
Stamp duty
A deed changing trustees is chargeable under the Indian Stamp Act, 1899 as it applies in Punjab and in Chandigarh, and what applies can depend on whether the trust holds immovable property.
Registration
If the trust holds land or a building that stands in the names of the trustees, the change generally has to be reflected in the property records, and the deed may need registration with the Sub-Registrar to do so.
Witnesses
The retiring trustee, the new trustee and the continuing trustees sign.

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Free, always.

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Also called

  • change of trustees
  • new trustee deed
  • trustee resignation
  • retirement of trustee
  • deed of appointment of trustee
  • nyasi badlav
  • trustee badalna
  • ਟਰੱਸਟੀ ਬਦਲਣਾ

When you need it

Use this when an existing charitable trust in Punjab or Chandigarh changes its trustees: a trustee steps down, a new trustee is brought in, or one replaces another in the same deed. It records who goes, who comes, under what power in the trust deed it happens, who now holds the trust's property, and that the new trustee accepts the trust.

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Check the original trust deed first. It says who can appoint a trustee and how. A change made in a way the deed does not allow can be challenged later. Not for starting a new trust — use the Charitable Trust Deed. Not for a trustee's removal against their will, which is a dispute, not a deed of this kind. Not for a society's governing body, whose members change by election under the society's own rules; use the Resolution to Open a Bank Account for banking changes after either kind of change.

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You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

A deed changing trustees is chargeable under the Indian Stamp Act, 1899 as it applies in Punjab and in Chandigarh, and what applies can depend on whether the trust holds immovable property. The article and amount are not stated here: confirm with the Sub-Registrar or the e-stamp vendor before buying the paper.

Registration

If the trust holds land or a building that stands in the names of the trustees, the change generally has to be reflected in the property records, and the deed may need registration with the Sub-Registrar to do so. Whether it is compulsory in your case is for the Sub-Registrar or your lawyer to confirm. A trust of money and movables only does not raise that question.

Notarisation

Not required by law. A bank may ask for a notarised copy; ask it first.

Witnesses

The retiring trustee, the new trustee and the continuing trustees sign. Two adult witnesses should also sign.

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Sample preview — placeholder answers, not your data

DEED OF CHANGE OF TRUSTEES

Deed date: 2 April 2026

This deed concerns the trust called Sri Guru Nanak Seva Trust (the Trust), created by Trust deed dated 5 March 2018, Chandigarh (the Trust Deed). Change made by this deed: A new trustee is appointed.

POWER TO MAKE THE CHANGE

The change is made under the clause of the trust deed that fills a vacancy among the trustees, decided on 1 April 2026. The continuing trustees named below confirm that the Trust Deed allows this and that it was properly decided.

Appointment. Meera Kaur, daughter of Harpreet Singh, Sector 35, Chandigarh is appointed a trustee of the Trust from the date of this deed. The new trustee accepts the office, agrees to hold the Trust property on the trusts of the Trust Deed, and promises to carry out the Trust Deed faithfully. The new trustee has the same powers and duties as the other trustees.

CONTINUING TRUSTEES

The trustees who continue in office are: Harpreet Singh, Sector 21, Chandigarh; Naina Kaur, Sector 21, Chandigarh. They remain trustees on the same trusts.

TRUST PROPERTY

What the Trust holds: The Trust holds money and movable property only. Main property: Savings account in the trust's name at a Chandigarh bank; the trust office at Sector 22, Chandigarh.. After this deed, the Trust property is held by the trustees in office after the change, on the trusts of the Trust Deed, and nobody else has any personal claim on it because of this change.

FOLLOW-UP

The trustees will tell the Trust's bank of the change and have the authorised signatories changed if needed, will have the Trust's property records changed where the Trust holds land or a building, and will tell any authority with which the Trust is registered, so that every record shows the same trustees.

LEGAL BASIS

Punjab: A change of trustees is valid only if it follows the Trust Deed. Where the Trust holds immovable property, the change may need registration with the Sub-Registrar having jurisdiction under the Registration Act, 1908, and an entry in the revenue or local property record.

Chandigarh: The same rule applies through the Sub-Registrar, UT Chandigarh. For a sector or estate property, the change must also be reflected in the Estate Office file under the Capital of Punjab (Development and Regulation) Act, 1952 and the Chandigarh Estate Rules, 2007.

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023.

The purpose of collecting personal data in this deed of change of trustees is to identify the retiring, new and continuing trustees, record the change under the Trust Deed and support any record update with a bank or authority.

The record will be held by Kaagazaat and may be shared with the trustees, the Trust's bank, the Sub-Registrar or other authority where a record is updated, and the advocate or professional handling the change.

Questions about this document

Does the Trustee Appointment or Retirement Deed need stamp paper or stamp duty in Punjab and Chandigarh?

A deed changing trustees is chargeable under the Indian Stamp Act, 1899 as it applies in Punjab and in Chandigarh, and what applies can depend on whether the trust holds immovable property.

See the full position on stamp duty, registration and witnesses
Does the Trustee Appointment or Retirement Deed need registration in Punjab and Chandigarh?

If the trust holds land or a building that stands in the names of the trustees, the change generally has to be reflected in the property records, and the deed may need registration with the Sub-Registrar to do so.

See the full position on stamp duty, registration and witnesses
What does the Trustee Appointment or Retirement Deed cost on Kaagazaat?

Free, always.

Does the Trustee Appointment or Retirement Deed need witnesses?

The retiring trustee, the new trustee and the continuing trustees sign.

See the full position on stamp duty, registration and witnesses

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