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.
Create a bespoke document in minutes, or upload and review your own.
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."
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
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
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
Relevant legal definitions
Clauses
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
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.
ұԾ’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; ұԾ’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 for more details and real-time security updates.
Read our Privacy Policy.