Document Fragment View

Matching Fragments

6. Then again the court is not supposed to shut it's eyes from the harsh realities of life and cannot apply the law by divorcing it from the factual ground level realities. Invariably all the transactions of the immovable properties, unfortunately, are tainted by the virus of illegal parallel black economy and are almost invariably undervalued. There is, certainly, no guarantee that the proposed transaction of the immovable property would be free from such a taint. Therefore, the permission of sale would neither be truly and completely beneficial for Trust nor for the society except possibly for the trustees, who may get rid of a non­productive property and likely to gain something from the proposed sale transaction other than the legitimate expenses in view of the above stated facts.