Comparision among Trust, Society and Non profit Company
| Trust | Society | Section-25 Comapny | |
| Statute/Legislation | Relevant State Trust Act or Bombay Public Trusts Act, 1950 | Societies Registration Act, 1860 | Indian Companies Act, 1956 |
| Jurisdiction | Deputy Registrar/Charity commissioner | Registrar of societies (charity commissioner in Maharashtra). | Registrar of companies |
| Registration | As trust | As Society In Maharashtra, both as a society and as a trust |
As a company u/s 25 of the Indian Companies Act. |
| Registration Document | Trust deed | Memorandum of association and rules and regulations | Memorandum and articles of association. and regulations |
| Stamp Duty | Trust deed to be executed on non-judicial stamp paper, vary from state to state | No stamp paper required for memorandum of association and rules and regulations. | No stamp paper required for memorandum and articles of association. |
| Members Required | Minimum two trustees. No upper limit. | Minimum seven managing committee members. No upper limit. | Minimum three trustees. No upper limit. |
| Board of Management | Trustees / Board of Trustees | Governing body or council/managing or executive committee | Board of directors/ Managing committee |
| Mode of Succession on Board of Management | Appointment or Election | Appointment or Election by members of the general body | Election by members of the general body |