Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 4]

Karnataka High Court

The Commissioner Of Income Tax vs M/S A S Kupparaju Brothers on 7 September, 2011

Bench: N.Kumar, Ravi Malimath

§§'=§ TE"é£E §~;:@:-§ cam? mt K£a§;f*éfi{§";i.§<é gs" gmggmfiag
@A"E"E§ "mzg WE W my 9:': §E?"§§E'v/ESJEEE. 23::
Baggy T T
ma ?%€'3?é'8§_.E MR. Eugficé ?x:,;<a;%-2;g19,,"'f
Am  'V "

'mg HGMBLE MR,3:;ST:€iE"*K;:2«::§ :".%%£*a§,;.'§;:'§"'J'.5\'??,/'.\:Xi:%   

§"%""Aa?";éG.1;Q8§§§"-."%2;_{"_.%j?_}§A}:}i%§;

$ETWEE§:

1? THE $Q?'~/%5'v€ISS§Gf'=§*--E§:;' :Q?"._EE\s'§Vj§ZQ§'«*'§-i§i'~=E°??~e>r§i
CENTRAL CIRCLE   
Cfigguigazwa,  '

QUEENS ;;r>:,.:;';:;;:%-,">_,  I   ~ §
Bgaxr-éGA;€}VR&:;T'L»"'_, _    

2; THE A3$§gm%}i%'j?.%@:%gE»::i:wR SF
£:°~'§<:@'§'a:+*;;_E%y>*rf",&§2?-; _ ' _ 
v{.E;X§§*1"§?3"§'E_fO¥'x3.}f{:E§<€§;§--:?{1}

,_%§,§;%;.;%:;:La*:*;xs;§, _
- {.§§.j'E1EEN'S RQA§;""

% '- .. 'VB;é;§v§~«;iVa<:'§A2j,::,*%r;r;2;_E. __A??E§.,,E_s~'ix§"~»§"E"S

" ..s;~§*~§7"'§§:'f§é<f,v.Am:::§~§§ ma gag ::»%,:aSEg§~%g§{t;s;2s.;a,

;&::f;é;f£:>C_ia"%fEj:§}

 awfis 

 §%:%L;%g}'A;.;y*;2,§,%<a,s$$;&§;é£,:a; §R{j}'§%~§E§.§
-:i:§~é;::R:":"Ag:mE F§:;%s§m;§:Q§2 ?m_,é§":*

  M gifiéifi C»&zE"'§pi,§S_; E §»m:§\;_,



éfiicii CG§_C2E'\§':Z, :§§'\§£%§\§Efi. §'§fi;Gé7aR_,

§&§?'«§§.%LGRE -- 5&3 Q25; ,..RES?GF§£§E§?§~T

{av ggz ;:e,$s~»m;é<§9 mg gm svzxgmm, ::.§x.:@m;:*'fE'::::fé'j;<--_ 'V,

ms rm fééefi ursder gecm}%gs&em;; }: %" ":§§';,é;é:;1jpmazif
arising gut 9? ewe? éateél fi9_~;{.};3--;§:.{3€3§"--..§as$e§.,._::'"s

Z£TA.§'u3€3.45~é;;§¢*%f'x§G/2G%3, prayifégi'a:> 'fr::*::%:;2E.ate:é\"'«._."z'E*':.a

sazfisiarsiéaé Quagiééns 3? ,ETaw sta":*iea'?-- :%:ere~érs:, aéiaéw "E:%éé',

agegeaé am SEE agéée §Z§'EV€'~ €;'~:3'.'V_§€¥" .§:2a_5$&;€:i ~._b'4g'.. "'a"§":e'"'E"?&T;
Bangaémra in E?fiM?~£@xé64f$A'§%§;'30$3 ééafitéai" {"§g'3n§3~»2GQ§
mnférméng {ha Sréegf 5? the. _}.iav;f2_§1.:%_§LEa§e 'C-@.:f:;n<:'Es$§<:>§2ar &
Cmférm tiae mrder §v3S:32:-;*::E Eféy 'gH"€3-'.';5§'S'$'tf¥:§EF@C€:@r (sf incemé
Tax;(Exemgiém),C§r£::§!:e+:i17'§3;f§';«. . "  

This §"E"é '<:<3;_mEn;g"é'r2:§fes7'%':.§:.aré:;é§ {fay} %<U?v*mR IL,
fiaiivereé Efifi     
  . j"'v?J';;fi;;_;"g1V§€;>:,:"::v:iigg' '
:'f?"h§.s' éé 'afigeai cééaéienging the order
$33595 b;:__:%é;@j ?s'§_§:,:.§':a%. Eg:>§5img that {he iraigi in Qagegiiam fig

ger:{;:%'V§2e a:*;§V'%;E*.':.e  pmmmeni Qfijéfii C}? the asggegsfie Emgét

. é;e=_, :é{§2,2;:a3.t'E~:2:f:, faéés w§i:%":%:2 the fiéfifiiiéfifi 5;? fiéfififéifibifi

" ~;:39§;~§,;}§éa ';';*s_Lé«::%*%%1s $2' §a<:§§:;r: 2&3} $5 am $25? afié iheréfarsa,

{E25 agéeésfee 3:155: neeés is fie régégigreé in Eerms sf

  'Ag-_:~:::§:;Vr:%' 12;: G? the magma Tax fixci, Efiéifl





i'€f'§§"'€'_v1,v§§";€' §§"%Q8¥'i**§ am? 3 $$'{:§§m@nE wag a{:*§:I%d at big'
  

féiefi an amiécatiar: an 3§,1€}.2§§2 aiaimirég re§%;':ir§5'::£§;n

%_;§'2{f§&%' 12$ :3? the M': :z=s:§?t§': afémi §s*@§'5': §:,§é,§;§§§ a::;i9».s_i:«?§'g§

féieé an aggiisatien far Ceixndenaiisrs 0? éeiay Es;;'_'?'§'§'§'§é§V--»..%;%::::. _'*_

&g§ii€atEQn far iagégiraiégn. Yéée £iammésgéene»r. "  
:3? the gaéd apgééaazigrzg £a§§e& ups}: ii"?-Qz§i;"°¥.§'>:'3f"C1%.i§liV"-§3§'éi*Vfl-i§.{."€';?";1 A'

{ha éacummig Ea $ub§ta;'2ié9:ie.___E§":ai}A._:§aEm:a' ':?f:<%:;:f:'2 _§§§'2é

dsaumamg, w§"2§£E'2 aye §r§§uCe§;"~«.%€i 'f'~;f'§S '§;%':1'£E_uE:€'Z§:§ iéjsat the
§e€:§arai§@z: af we  a  s*'é g%s%:@;"efi
mctifécaiien  ii £3 féiiififi
fghaé tizere wag"  .§%':'dé§_§'é::E§_'é';f:q¥':*a£§*é'e---s,=}§ti§"@ E? acrag 3?'
gaméag ag  Vwas érztendeé m be
given vqfis  <::sr;Ey. Canseqazentéxg,

thraugiz me?"gaectsizcafggéé'fiéééfi, E? was saugéat that we

§m§e;*§:*~g"::zf E ;§s;:::a;s 3"? gzmtas aims %:se iyieaieé as the Ems:

 §V§*é«::«g:)é:*'*a:*;; ";:.={:f::i{"E:i%:§ §5§a%"EC€ <3? 12 35395 E29 ire&Ee<:E as the

§é*:;_§'£=%_s_"':§S"<3§%"'~€:v§§a:»xf"g:;:'€:§'2@:*$E '%"E':e %"E.'"sa§€%"§&§§ §:*§:;§u5e§ by tham

V V aim "is:-:?:w;*éa§-.v:"%:at a%"é:§r tine éfifbaza Lam Cééiéng ac': wag

' 7 "~--:é§.eaE§é,'*§n aéiamgig wag mafia :3 $593? mig graggsty ag §

 



abjgcig gtgégea? in aha Emgt ééféd zxézn. géucaitéan 3&5, tfiough
masdabéé an pager, they gm ms: the reaé afijeeiiz far we
C§"E25€§{}E"E am maiateaance 9;' {he trust Eva: ajés:-umégzg

am: é§"2£i§enEaE%y Same gciwa was raga, it vi-Ia3_.a_;§;;'§$'r'a?:';:§§aA5

mere fagaée ':0 get %{3§'§OUS §ersef§%:s améer i:?'é'i:3_:E§";{'";_<3.:"'?:e': '°§'af>{, 

Weaéth Eax am ijrban Land {i<f33§'§E°:fg}":i._€%g_ 

have deaét wéth am §?'G$8§°§';{' s%:<:2$$'s._ EE:-.a.%: eve n':_Ef:' ét hécif  §§':?LE E'i~ 

éeciareé éua ':0 certain céréé;-2.rjru'%§:~:.E:ar:£@Es:'.$s'«éI=Efégsi Eand, it

was Gniy being ::;§${*§__ far.v*'%fi'§3 §§:é':s_$f§t $3? {he faméfiy,

"§"?%€E'fifGE"€,-- the €emm%'ég.%1a1z'zé:vr':"v$a::., %::%"§;~ $'a:t§sf§ed thai the

trust ex§s§s_..;%&{'s'u.Ea§§§y  z'%ié' '.ig';-s.3Vr_;;;:@::'§e sf ighe G§j€€fS

mentévgngd. §':'*s' v-'%:F"';~..V~'==,;_V"'a:'%eé:«;:£_;"~...._"{--m§ reai aciivétéeg are fiifferent
§£'i}§'E"§ z?":'5a:§1é flaked §':é :h:é"'--i.fiéé$ afié are mt genuine? I: was

:@r;g;i:E'%;;;;teciV§r.i§§*s'a':°§%;§: E9 save me ufzerézpr gurgosse of

 %:.;3j§é<jvg:§'{€§<%%§§A.._a{:fi figs yaggéag ifzfi prezségésng sf {Sig Uzéaa

  am' 'Ea afave iaxes far' we §u:%':a:r:; émfier

?t%2§""---E::ai_é':%w3"""?a>< 33$ ¥'2!eaEt;h "§"5>< fiaazégg A:ica§"d2E5':s;§y', am

_ ac;;§:§%é:3:§5§: aamé :5 §§ gwejesteéi éggréeaxefi $3: iha 33%

"'-ff§*§';:§'§.§'"fi"§i_, fhfi §§S&$§§§ §?€§8€?€§ gr: aggeai is {he '§"r§ba::;a§;

vfiwv"

35/

1"



 -@jé§'i§is*'&%§Gs*;§ E: grawédes fa: :;§:2§izj€:"ai§@s'% {:5 we

W33"

gram? Em £§%"'§i§?§{:§€€ 9? §"&§§S?i"3§§:3E"§, wiééaéz Qrfier éeag éam
vary' iéghiéy §:2*:&r?e?e<:¥ by {ha Triégszéaé 351$ :§':e;"'s?@:'e,

Efliéfffiffififie is caiiaé far,

W: cafztra, the iearrzeé €Qi.¥§E$€5 a3$,:¢:e;2rEr*j$g9'-- 1'f:;+-rfa-fie.»

aggegeeaf gzjgpasrtieé the %n"%;9s.;g:1e_::'?...::>:i,é&;", 

Efie aggeaé was aémséiieé §;*"s--.:§' cc'%'::*"A::é§:§é:*~ 

the §ubsi;an%:%a§ Quefitééfi é'fLa:%'a~:»x.r €ral':23;e{:*T-V-Zasifiihai éags.

Hgwever, {rm per:_:§a§':£é€.Q_%:%1§«' §a:9;*:L:':;._*=~e3%é.,a:*§ iefihé View thaé

the subsifaniiai questéerfiA_{,:?'_ ¥a?gx,:.-~A.;§é'§'§--§.§;§*2_".'.-reaéiy arise far

cengideratéerg %;:;::+;:s z-;2._;3g3;e3a%': Es'"afs7' u€r':vd.;e;:f5:é-

_  .:_?€e fa.<.fiE::..___ané §E:"c:;.§m$'{&:'z<ce$ gf tézég
§:':;a$e--_; w%:s3€i%':é;f'¥_t%';--g'§;«:'si'er gaggeé by the Tribunaf
%"§c:>€é":{zg-¥:%i:@'._'a§?L:,si:"%--$V genuine am {he pmmsnergt

ésééziéeci $5-.?§: _e agsgggee Emgt ie, ééufiaiififi faiig

2?;V§'§:?"§"§:';._._%:§2s defénéiécén éf amréiabie mzziaege Es':

 ::"§:=;r_é*°r2 §~:_>v§*_j..S§£.::§@:2 2:13} $2? {he {act gasffers §§""G§%'%

§n3; f%':%g'a§ €§'§f§L!'§3;'%E§Z'§.f whiafé cgaéfs far és'si€r%ere§":g§,"'

 37é§'EEa:§"; :;_Zfi%fi $2" 2% fiat §7@aE§ viith g3:"5£e§:,:;*E €23?

 



3§§§§£§i§8§'§ far regégiyatéan by the §o:":':m%sg%ar:_e;* am
{";§?E§§E§®§"%$ shsuié Se Saiégféeé befera grafiiing rj<2g;:E'::§:*a:ft%an

awe? S€{:§EGf"'é 22$ sf the ACE;

"§"E:e Sesgtéen :2A:i%(1) reaégigas   

§2_;'iL&(',§}: ?".F?:~:' _V Car%%z<?'§}.s'::£9:;é§9,A..«j.'V...gr?
receigzi" m' 3:; g§,,§;'§<:az'iué:2 ':2:%:f re§§5f.:§;3:§5n:':Qf 3
5:325? as" éz'z5i"i£"z;:§;:'c:;f? m§5§'*§i}{;*::;{ér._Ae:i'auéé°{é,§ [gr
siaasge {aa} :22' é:::'@§:~s«"él::4::;'§5:.}j:Iv  §e::€§on 12%;,
gggggg W   . " N   
{:3;}"":::\._: E:c:}'§{;::~, ;'f:::;-'"'; '.'§1';z:§*ff?--V."'v--a2§c::;?"2e;§z";§ 0;"
§:?2'Q;*2*§ééi§a7%}::"  f_;f'§z::;<;%-;{3;<- fngfiéutian 35 he
_:"f7zT:%:;'§§%::V..+}9§ei'::%g5?§_.5:;<f}f  ':2:-5f€.r5 $0 §a{'i5fy fzrémseif
*_abc_>:,z»i; -§_:_:é:*?:z.ii;*2éé;;;;-e__sf:: 5;' aéfivifies af ztfze frusé
$.47 {:*:;s":*i€a;f';§:§:.LjV5.:}é:*f~ 5533 make 552:}? inqzjirzés
as' §27e.;fi'ayV:.;$eé7:?_% ?;~--.:§}:es$ary {:22 this fiefzaffy and
'V {V---.§j;__f:fge:'" gafigfying f7s'm§@:'f gbaazf 5&3
 3? £259 Ems: :3: i:2s;é*:':'a;5;'m arm' {fie
 - ;::fjaar§:g£;?§fg2;;r:é.ss§ 9? 5:3 gaéizréééeg, be ~

{6} gfsaii gsggs $9 Qffifif 5;"; w'r{éiz?§

.' %egs'3§?e,rm§ fife zraggé $3" ;}':sé°z'§:;f;Gn;
555,} §§;§;'i , ff fig 33 mi ga

safigfied, ;:;a$.§i 5:? {;:z§@;" £3? ;»W:°§;';':§



 

;\f§

"~;;§e':":§%§53%;:@:2 :3? regégiraiian ég 3 $339 gage 239:;

féfijfiffig £0 i'€§"§S§'€f She 522,25: gr
§rz§§££"a;:."s';7:§,   V
3523' g 5&9}? §f gusf? ewes" gfzaff fie  ,,
Em &,G;:2!:'c3:3:':  ,  
firssxidea' €595" rm GfQ( € .€' é;'!?0'§§'f'.Sé£g§'§T!'éi.f,fS4§  _V
{sf} sizes'! 59 fiaggea' zgnfeféfg j;a§,:{§!§5:,j3':-35'%:a§ .__f
beer: §§'2f"€§'? 5 reagaryabée 5:';-::_p:<::ji.ur2§i:\f,."_::;:'1A"~?;:3%§é§: "'

Mara,

Téée necegsétyv%:'s€ 3_fig§§f;»i;¥é%'§-séfié i:e;'€:§fEa:ate gage: the
AC: has :9 fie mp: §;;...;».,<§a_:::§ '=§-i:;;é:.;g".§'§:_t§§;§s>ét§:2g the Seaman
12%. "§"%f;;é._:SR3?' §§éé%z'a:§Gn iertificaie E5;
pmvideé   a%3s e $$ee 's?V§E'E€§ E0 céaém the
henefit  12 3? Em Eacame Tax Am,
un§e§s'§;'=.;_e E"2a§  :.4a::é*";---:_'ia7;,r.:V:'.§§ésatfem far regéstraiéars G? the

'€E"£.1'3;?:"§f7§ the ';:=;;éT$ér§bé%fi mar:ner :3 the igmmésgéoner $55

 s.;n'fé:'3§S' :?'eé'=.$a§é firms: 9:" %:"2.§i:§t;§i"§e{2 $3 regésierm amzfer

 .S'@_;:."%:Q§A:3':-"T34f";'i.§£:é',*"%:%:e agggsgeg wegsizi net E3 E?%i§§§€3;*é :0 the

b§;v2.gf§%:_'¢§'-.é§<em§:%$:2 555:2': gaymani {>5 tax unéer the £5: ii":

 .re;s:;{$e:T%~ @f Em énsgfimé $f {Em {rust Yééarefgre, the

K

3%?' $3

7«)0vo:-wJ>'e>\



Wig"

mi" :5: a éeeé 3? imgiy After Satégfgxéag hérraseif abeuz mg
ségeai af if§'%§ tmgi, it £3 war: EG him :9 £89 whetézer the
aéiévétéeg af 'she trugt E5 in CC%fl'§C5§'E'F°'E§i§,' witéé Ehe @§§e:;§%f"»a$ sat

{mi in th& brag: 393% and am E5135 égség ha :.:ar§:~«~~::§;';*§: e}'L'iigiyihée

sancéuséen whether me gaéfi activities :3.%'..€;_ §,§€::--r;f;:§*n$ ::r~ 532 

make béfiiexjfi @516» it $3 in this §éiac§<::g;'r<;::;'f3_:§;-:'EM E.§a:§ t'j§§e:éd

fiatéfi 2:3" Qecember i%84_.Es; is: be'EQ.0§<eéT','§--%::%éV'.' «'CEi}:é§e'2~%'

9'? ihe Saéfi §$CEi{°'3"§€i"3f §ea§$""£s*{EV:.t"%: the vcf.:r~53jé'c%:V§ 331: the tmgt,
whédz {eggs as a::":ée;2*::f

":2? yrgewg 953553  C.%=:f'  fm§rVT%"  .fi§f_;{3{,}::3*T:~ mg
asg5:::?";§ GE??"if1E:j.Z?"2%-{};'5»*?7j_A§E"Vj' A

.;E;.."*77$%:$E§b;5"3f2"'<§§§érz, f:.'};ra§};§*' m§s"n£8:'r2 sgfmais
V -.5325?  Emgariimg @§e:.:£a:'i'on SQ
' ' .._ gigs"? érgfif V;;4§;£:fSi';'--..  é ' is
__2,  _ <--33.f::b§£::i3V""..Gym, miss aria' m§:';3§sfr2
 ;;gg{@§'jg;:,s,.. ..... ..vfa{ impgriifigg i"@£f2.r2:}:°aE,
 1'A.;,:2;f§f;e{ssiQ:?§! and L'G€§ff€3§?§§ $Q€i!C§ffGi',?.
 .A'j's..%;%;;ab§§§?:, m.;3:";':€aér2 gmrf rm? 27%-Qi?§5£_,
 é';9f.g§r2@ari::g 352$' 53%; <::':;>ii5§es $55' £;:'{:§7
 aééézcfiz §e€f::2:'<:af s":';5§§éa;€:'§;2$ imgaréifsg

z'e§ci';::§§§f knazvfiaflge,

3%; //// 





wig"...

cri. 'Eb sngage, washers, Secéamzg, ;:>:::>fas:§5:"§,
mgérugtfarg 5:29' exgerig Gf gagd mes?!
afiaracéer gag' gaafiacf far impgrfsng
Eagirwaiiang fig gsspiig and ::;£":sder2é§,,_ ».§%":e '-. 
ffififféffl s€ier:{"z'f?:' :°;2z:r's,zsz":":'§f, v9:j3:s'2i:§§.;§;,é_}ji  
regearcfi wark anfi 0335:" 5:58:15} pur;§z;§'€§;V'_-..  ' 'A

$1 Te gramme $29 §"evef:::§:'2'2§s3£".'_" §fV' 'f;§§¢;'%é§S,;}.
phgrgésaf and marai ugfiiiftrrjkezfii' €5f_'s.!:g§}1c?».é}§éfs..A 
am' 3!} éfzage z:§z':;:»é34;:*a'ea* ';%¢;$i£%: iz2g§~;:9:;:1fz',§f;f2:§ 0:; u
as is make ifiem g::2--5;§"-:";"t£ze ;?5::._a:'.fé?§.::>2%;; 

6. "Eb egiafiéigfiz, fE??3;Aif'§~£":i;i'{}}'§,. "'*~.<fia;? S' ":f'iQr;?~:':Q¢f$?g
f'?O£,i§E',. h05é°@§;é :a;?c;;f_ res.;s;';§'é;*2';';La{i'.§;;£!a':'ngs.

Z ?"a sfvarge _;;?'}9gfa;'é§;V£"a§» --'§;:;!;;fz":«éi.k;v.. faeg 3:29'

a§?':&rwj:'s<z» ré3:0;;;é}zi7e?%?§efyé§:fEra auéfay" and

 """  é5é;;33nse§- s'r:<i:;:'s:~a2é' in rim upkeep am?'

T' '. :"'--«.§;??§-§E3§3"QV§Q'€ {fie §§fi%S:°'§':;;':§€i@;§ 53$' f§§§i;'E";'§5

A .4{EF3i§E':¥E2§fi€Té"'€f§:it""55:1?"if'?SfiefL!i?0f?f estabf:'shed
" .,a ;2<3'   e$:"§§!.3sf;ed undaz' ibis
 "fa §}*§s";*_g§.....«;'3ggé, engaesrage, figveiag 5&3
  .;£:;f:;§":?§,§;':°f2 fagagizfses sf $53 mzfiiis grsfi fiffarfi

 regearci? zazsgriz 5;: gr: 553595268 sad
  .f§?§a;.§z*;*§§§ fieifis:
§, "Eb §€C€;'3§ €:?{L?f"§§§§§§'?, graafsf gregefiés gim'

935:3?  farérrg am :53 uiéfégg 5&5 ggmg .?::%§"



  iE_f;a_'ft',a§§ '%:§m$§ abjfiaia are a%2ar%:&§%e Er: izatagre. in §az:E_, {fig



558 §§.,::,§s§e:~; 3.? {ha 351:5: 352$? 3:153?
donaisms 55333,? 5% kefié $5; 3 gas sf :§;'?.:*--_
£"'sr;3z:,:$ sf 237$ ?"rs.is{ ans? gfmff 5:205 be 
55 income sf £1326 ?"r:,.:sz: _.  V. _ V'
E€}.?'"o 5:22/€35, digfiose 92*} irangfer ::::<..<3_i"_§;Vef§%.%E§e
in dam? wiéh the 5r;zsf'A}'fi§*s;:*er£ffe$i* .¢t3:s'4._:§:§é':V«'
i'§"si.iF5£{'€ES gfizasjfa' dsem :'E:f_§{::7és' {fa Téné£2}$ i' 
émsf 50 Carry $5? __a5i;:"?3vé' éfm T;i::bj@§%c:i§ V92'?
22% émsf 8ff&*c€§:%€£g/3?'a ' _    
21.3} §§3r G:..:§f*'f:.:Qm .:'??'é"§§§j§§fz?§ 0f'é"2'?5E "é*§';;s{°,
st:';3e;m'§ 55$'   _ gear gm'
éefiervéng :s:z;;.g:--;:s«-- _ :,zfef'  'b£g:}.i~:<~Sd:§ hf-9%?
      
32.??? v":;3s1'js§s:i« in C§:"";"j;/{fig 9;}:
 ""   ' §:*r:<'~~ §f?f!ar;€f;rs?aEc: and
V -.ci:'?a:f§:i*;«%'§:ri;é'~ {;??"~,%%fa>§::Irc§* for heipirsg éfze pmr
" .._5£::§  migery asmg fim/eréy
§:4GF;"?§%5€"§£?§}S,A.". V' :
E.Ej__;:f, 325 é5{3~§~'.fi..£}£5'f€CfS gig far £1375 fiefiefit sf the
9A 'A«.V§%$:?;--§{§f msbfia wiéfiaflasé ffififfifiéfflf? :9 gay

1 -v "'--«.;V§ef§;z,*'a:?, gtzagfa, <:£a§§ 9: sex. "

" .;§ 3~;3e:*u$a§ a? the afsresaié @5393 mama ii: 139:? flea;



    





ap§r::m':eé 53 :m§%:&es §§§""%§8%" tiég msgt éegé, iha éruateeg

haié iéée ;'s?'{}§€F%';,»' my '§Z?':€ benaféi ef' the §e:;"3§f§£%V§:5i.§?s _Va{:§

%:§'§§ arigésai awzzers have {:0 manner 6? 'Sr

énteregt was" the grafiesfiy afte? e><eCut§.9%%,.A4_:':e3§V'*:§§e_ 

deeé. after mnvsrténg the pr§:A§esj:y §.n{s:: ':':.:fa:s*:'=§3::§V$&§:fEi;y

where the émgteeg 9:' we arégéézzai §'wf;'2'e;f-:*s mV€;é§{§.¥§d. w§?j:h i;%":;e*',

gmggriy is any manner fit  mg wV533s-- éfféci  i:§ze We 0?

the 13:13: it: 319 gaéé p;:;j:ég:3ert'f§.  §:._EfazTs_ g--~egaré,'SE5 usefm :0

refer is; the iaw an iheV__§§§§V:;t.v'5a§é:»se~i"~e§:;:5:'._'gréthe juégmenft 3?

the Apex CségG?_"§é'f,%§aii.rf§STHY»§R TRUST 2,531

CQMEVEESSEOFJER 0? ..;ivi:,*:.:;;Vrvs7E2" m5<*:T'.;é§p=o§M:§§T5 EN [2 §99]
235 HR 23, the»: reifeifé§$f=§.§§;'t%Q§'2«. %'Efi,_é3 as imder:~
"It w3'£s'V.._be.:;$sfé£f §§'é g£}nc€us'e {:3 refer
33 :"?se_ . fGii'{}§f';?4§;"3QV ,g2.§:;3§;§é:gé'  f:/"am ifuafiar ax":
.~"{fff2_ari§:§;_é5::f {:§§§?__EQi!'§,;};'v,5i.§«;".}3§€ :33, if 55 §z"§£'ea'
V'§5~f§35§.W5<'.   j

 _  :,?§f2vg-:%é€;/ $253 399;: fazgécfea' arse?
  £'F§3$§'§»._;'?&?i;'S. .§3}ég;:f;zr*; fiaafsréfi izfse fawéfies" hag 52$
 522%. }":::»'s§<e, mrgx .52?" 3:55 éa £3573 é::;$f:$,

 ";§ff;';2?§' z:;*._:"s9"£rr§$§e§£':':xe $2' wbséher fézre izzzgis

 



mggm

hgaxa E?€:':"'i? ::fe::famQ' :2}; 5:: ififiividfifif, ax fig 3

'sady sf s::bscrs'§e;":;, Gf' mi 5379 érzfifgeg. "

zeiffzes? me fGL§'£'§€§é:"'S cf {fie érazsi  

gawar :9 5.158;" gr vary 55?? terms Q? éfzsi'-?";f;s$i€"L-§§"%  "
frusfaae gppainfegi' is marzagg éfze ;::é*:i:;3s=}:?_:':'éS~. Q5 
the ?'"rz.;sf fer searing ifs1;ab}';s2_;ifi"jj.C§*g? *;;r:'€2;'é;-".. f

girgzsmgfamseg be reg;ara'@é'.__a§.V_%?av§;'";g% ASi§:.:*€1«"; 5?" '

gowsz" sfiéciaffy a;vf?e7§::._ ;{*i;.g oré'§:'3_ai 
28:7'? Navémber, 39$»? :€§€T?é§. !?€}f £>€'S%f@Wx i§€.§{ff?
power 0.2:: f§;'m;:§:;Cf? ::s;';:j*<3é;;?§;aQ%;..Maisa Séfése gig
far 5:9:?s:°d§raf;'@r'2' iE','.[c::*fié*%:2'§€*f.:".*V"V:':';':§e __!;':'f?a'§?'{13*;;S_',\?'"iig& Csurf
3:': ?"f2ar::j:*;i"?r:;i;~:i4  Qfiimr [93
gm ;s;f:};§gsé;:2g5  :§;};z«;g%%' :55 % Vgfaészm wfzaéher

i"!?e€f0:;g4§':;fé'r €i'f»;34:"€§%::$§";'2A3Q' Vgjjzirwer is revake {he

»_<;3';2:u»-2;;'t;:"f?i§'§1;:?:2:};'fijV"'abs%g*:;?z3&' as faisbws (pages
 »   %

iii  £§: '  egtabfishea' ifzaf me

. ,S:sb$§£:;?;§€:z§.v'*§e:"é'5 3733? sszrdugé 3;' 6% fgzmder af

 552$ .,V§rz;s§V"':*5:--;:ar;:>z* Effézff ihe @1135 if ffiere #235:

§e3.§;?' V'''a>§;@3a?y & Cflifififeffi Q'e:2's"<:aéE0;3. {yids

 ;i{:%§:;ff§:2§és*.§§r§r;r§;»' §>'!f!§§ V, ifééfégfidargaéa fafgfgizen

g:;Qi:%';;:gJ2:? ML} 552: Szgnéer ssngh Mgfiah Smgi';

Sg;_r2§§:f:3:: §f"?&f'&'f'E? éiigf: Ssimaf Tf"rz;s:* as;

fiéanagséég ijgswmizéeg, §i3§?Q%F fiéfigf? !'v:?aZ§§§?

 Smgf? figjigfiéié ffifigf? f§1::f?{>Q§ 5: 938} ,2 my 339:



«,,..W.»

1.

V' A)! mgiu A12? :§3$ EC :33, 35:5 Saimifiass jgmnggbgg 55% Ca, 22: igksémingrggémfiafa éjfgeéfi ,5': 945?} ,2 Mi} 4€Z?§: flgffi 29:33 #353' 928}. if 3 vgfsci gag? campfeég §'§fif::a:"i{3:'; baa' éaiwx? giace, zmufd $9 FEE} pawer 56:2' in me f0azr2~a?e?_"..éf¢ '.j' revgke aafi no asserzim an big pa:';§_ 'Qrm?:f%5,?"

§:,:bs@qz,:m£" §0,r:a":.:@i" of.....f;§m§esEfw'"':3§{ "§?.:'§$ Q'@SCe;2da;?z'§ mmérargx fa ségch :;?*'e.Q"'!c;»;~%:azi°z'.§@Az.*;L"Wég:ég'Q?_. AA hgva €259 effagi Q?' :§a;ii§f}rs;?g",i§,"'§T2' €323 »zf'Tz'.Ls;;:$f .?'2§».i;f 56$}? reaaffy aim' vafifii;-5!'*::fe§z:"e¢;u.3§;--;.;j _%,fieVékig§?V5f§b;% by the faainfier Qf fhe :5;fa._€§£»v.:@fz'~§fjf7e §3z;:;:fee$,.§'r9m we fiesiarea g:§2f§w$e:§ a:*gf--;>§%f;:}'.._av.;%é::%;;::€ arziy 2:0 g bf'€§C?'i sf trazsa" fiségf §yL:r?':;;f!5fE7:-s:fé'§:%:*{3§:A€ fram {fie a?e§iara§§r°:;>f?~-.;af ékfusé.' _:'§<"r:e3:*ie»f{:zfe,' §;%;é gubgequené vvVrfé:?;7':€:$i" ?i'i*2é~.;?:';::r:c?'7e_7';*""§}é éeafiflg wéif? #23 ¥?7{ff:C2'S of afier éhe srreafzcré of {fig éfgggé may'-r:§':VAg;z§§"~a}% Jezzfi is {fie $2133: £59! :*§a9é~a%re - Er? fgsff agreemesiri with fir?
;::::2j§;:a':.'{3!@ '$55-55$ fr: {fie afsregaza' gwgage gm? ..;»_<;e ;':s.§§?a:?__\f£'23€ 51% frzsgém £2.30' 52$ as.;2':f2:3rs'f;x $2"

j;é%g%$_ a§;:?;;'~:§;? fa gxaaasie § fmgi? ?"z"s;§é $935.2' 35:5' :i;fn?_vL':f2?é:°:;§!;3*?&:7:z" Qéiaa' Es? 352$;/, 29.34 {g ax? :35:

~ ;9cs:n§egas@,m:e 352$' 5'51 rm mag? 522% 3 gray 3;' AA gagggzz ?"f?& frag: 33 firégingffy aséabiésfiea' by ' 55:5 3355 gaseg 285:5: ;E:'@a§m$%§:'i, §;§éE

2 V ,,-

153/"