SENSEX
NIFTY
GOLD
USD/INR

Weather

image 29    C

Investment News

Livemint

Investment / Livemint

details

Can an NRI be the sole trustee of an Indian private trust?

There is no prohibition under the Indian Trusts Act on appointing a non-resident Indian as a trustee of an Indian private trust. However, the appointment should be structured carefully, in the context of the rights available to beneficiaries

18 Aug 2026 7:49 pm