DEED OF CHANGE OF TRUSTEES
This deed concerns the trust called __________ (the Trust), created by __________ (the Trust Deed). Change made by this deed: __________.
POWER TO MAKE THE CHANGE
The change is made under __________, decided on __________. The continuing trustees named below confirm that the Trust Deed allows this and that it was properly decided.
CONTINUING TRUSTEES
TRUST PROPERTY
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.
If the matter does not proceed, the personal data will be retained for 90 days and then erased. If the matter proceeds, the record will be retained for the matter plus 12 months, except where a statute requires a longer named retention period.
Data minimisation: this document does not collect a full Aadhaar number, an Aadhaar-card copy, a password or bank credentials.
SIGNATURE