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Showing contexts for: powers of a trustee in 40 030 vs Nusli Neville Wadia on 29 April, 2014Matching Fragments
" a) Whether the expression "not less than five trustees" as appearing in Clause 20 of the Trust Deed dated 05.07.1978 of the Lilavati Kirtilal Mehta Medical Trust means or Kvm ORG1112.09 implies the power to appoint upto a maximum of five trustees, who will act as trustees for a period of 5 years;
b) Whether the Permanent Trustees named under Clause 16 of the Trust Deed are Permanent Trustees for lifetime and are not susceptible to any disqualification to which the trustees appointed otherwise are, except such disqualification which may render them inherently incapable of executing the trust;
17 or Clause 20 of the Trust Deed;
e) Whether Clause 11(j) of the Trust Deed permits that appointment of Permanent Trustee/s, which is a specific power as provided under Clause 17 of the said Deed of Trust;
f) Whether the powers and authorities of the Trustees listed in sub-clauses (a) to (zi) under Clause 11 of the Deed of Trust are expressly conferred on the "trustees", i.e., the collective body of the Board of Trustees of the Trust or on individual Trustees;
g) Whether the appointment of a power of attorney holder under clause 11(h) or a proxy under clause 11(k) of the Trust Deed can be done only by the collective body of the Board of Trustees or whether the same can be done by an individual trustee;
h) Whether a power of attorney holder appointed under Clause 11(h) or a proxy appointed under Clause 11(k) of the Trust Deed can be delegated discretionary duties or powers Kvm ORG1112.09 of a trustee including, but not restricted to, the power to attend/discuss/ participate/vote/pass a resolution/constitute a quorum in a meeting of the Board of Trustees of the said trust, or whether such power of attorney holder or proxy can be delegated purely ministerial acts only.