Document background
A Resolution For Appointment of New Trustee is a crucial document required when changes occur in trust administration in India. It is used when a new trustee needs to be appointed due to various circumstances such as death, retirement, or resignation of an existing trustee, or when additional trustees are required. The document must comply with the Indian Trusts Act, 1882, and any applicable state trust laws. It includes detailed information about the trust, the reason for appointment, credentials of the new trustee, and specific powers being granted. This resolution serves as legal evidence of the appointment and is often required by banks, property registrars, and other institutions to recognize the new trustee's authority. The document may need to be registered depending on state requirements and the nature of the trust property involved.
