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MCA - Filling
What is Filing
Filing means submitting returns, reports, or statements to the government on a regular basis to stay compliant with the law. Every business and organization must do timely filing to avoid penalties and legal issues.
Why Filing is Important
Mandatory under government rules
Avoids fines and penalties
Builds trust and compliance record
Helps in smooth running of business
Keeps financial and tax records updated
Key Points about Trusts
Governed by the Indian Trusts Act, 1882 (for private trusts) and relevant state laws (for public trusts)
Minimum of 2 trustees required (no upper limit)
Trust Deed is the main document that defines objectives and rules
Popular for charitable, religious, social, and educational activities