All Countries
Real Estate
Declaration Of Trust Company Shares

Declaration Of Trust Company Shares Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Declaration Of Trust Company Shares

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Declaration Of Trust Company Shares

"I need a Declaration of Trust Company Shares to establish a family trust holding 10,000 shares in our private limited manufacturing company, with my three children as beneficiaries and my brother serving as the trustee."

Celebrated by
Collaborations with
Investors
Document background
A Declaration of Trust Company Shares is essential when establishing a trust structure for holding and managing company shares in India. This document is commonly used in family business succession planning, employee share schemes, or when creating investment structures. It provides a formal framework compliant with Indian trust and corporate laws, detailing how trustees must manage and administer company shares for beneficiaries' benefit. The declaration includes crucial information about share ownership, trustee powers, beneficiary rights, and distribution mechanisms, while ensuring compliance with the Indian Trusts Act 1882, Companies Act 2013, and relevant securities regulations. This type of document is particularly valuable when separating legal and beneficial ownership of shares, protecting assets, or implementing structured succession plans.
Suggested Sections

1. Parties: Details of the Settlor (transferring the shares), the Trustee(s), and the Beneficiaries

2. Background: Context of share ownership and reasons for creating the trust

3. Definitions: Key terms used throughout the declaration including 'Trust Property', 'Trust Period', 'Beneficiaries', etc.

4. Declaration of Trust: Formal declaration stating that the Trustee holds the shares on trust

5. Trust Property: Detailed description of the shares being held in trust

6. Powers of Trustees: Enumeration of trustees' powers regarding share management, voting rights, and administration

7. Duties of Trustees: Trustees' obligations regarding trust administration, record-keeping, and reporting

8. Rights of Beneficiaries: Specification of beneficiaries' entitlements and rights

9. Trust Period: Duration of the trust and conditions for termination

10. Distribution Provisions: Rules governing how income and capital are to be distributed

11. Governing Law and Jurisdiction: Specification that Indian law governs the trust and relevant jurisdiction

Optional Sections

1. Trustee Remuneration: Include when trustees are to be compensated for their services

2. Trustee Indemnification: Include when specific indemnification provisions are required beyond statutory protection

3. Appointment and Removal of Trustees: Include when specific procedures for trustee changes are needed

4. Trust Protector Provisions: Include when a trust protector is appointed to oversee trustees

5. Voting Rights Instructions: Include for detailed provisions on how trustees should exercise voting rights

6. Investment Guidelines: Include when specific investment restrictions or guidelines are needed

7. Dispute Resolution: Include when specific arbitration or mediation procedures are desired

Suggested Schedules

1. Schedule 1 - Details of Trust Shares: Complete details of shares including share certificate numbers, class, and number of shares

2. Schedule 2 - Beneficiaries: Full names, addresses, and entitlement proportions of beneficiaries

3. Schedule 3 - Initial Trustees: Details of initial trustees including addresses and contact information

4. Schedule 4 - Company Information: Details of the company whose shares are held in trust

5. Appendix A - Trustee Powers: Detailed list of specific powers granted to trustees

6. Appendix B - Distribution Rules: Detailed rules and conditions for income and capital distribution

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Trust
Trust Property
Share(s)
Settlor
Trustee(s)
Beneficiaries
Trust Period
Distribution Date
Vesting Date
Trust Fund
Company
Board
Articles of Association
Memorandum of Association
Trust Deed
Trust Income
Capital
Dividend
Voting Rights
Corporate Action
Resolution
Trust Powers
Trust Records
Accounting Period
Financial Year
Governing Law
Working Day
Authorized Signatory
Indemnity
Trust Expenses
Distributions
Investment
Register of Members
Share Certificate
Transfer Deed
Trust Protector
Professional Advisor
Relevant Industries

Financial Services

Corporate Services

Legal Services

Family Business

Private Equity

Investment Management

Professional Services

Trust Services

Wealth Management

Relevant Teams

Legal

Corporate Secretarial

Compliance

Wealth Management

Trust Administration

Corporate Governance

Private Client Services

Investment Management

Family Office

Relevant Roles

Corporate Lawyer

Trust Administrator

Company Secretary

Legal Counsel

Compliance Officer

Wealth Manager

Estate Planner

Trust Officer

Corporate Governance Officer

Family Office Manager

Business Succession Planner

Investment Manager

Industries
Indian Trusts Act, 1882: Fundamental legislation governing trust formation, trustee obligations, and trust administration in India
Companies Act, 2013: Regulates company operations, share transfers, and shareholder rights in Indian companies
Income Tax Act, 1961: Governs taxation aspects of trust income and share transfers, including capital gains implications
Securities and Exchange Board of India Act, 1992: Regulates securities market and transfer of listed company shares if applicable
Registration Act, 1908: Requirements for registration of trust deeds and related documents
Indian Stamp Act, 1899: Determines stamp duty obligations for trust deed execution and share transfers
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Declaration Of Trust Company Shares

An Indian law-governed document establishing a trust arrangement for company shares, defining trustee powers and beneficiary rights.

find out more

Declaration Of Trust For Tenants In Common

An Indian legal document establishing co-ownership of property as tenants in common, defining ownership shares and rights under Indian trust law.

find out more

Declaration Of Bare Trust

An Indian law-governed document establishing a bare trust arrangement where a trustee holds legal title to property as a nominee for the absolute benefit of the beneficiary.

find out more

Declaration Of Trust Nominee Shareholder

An Indian law-governed agreement establishing a trust relationship between a nominee shareholder and beneficial owner of company shares, detailing their respective rights and obligations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.