Document Fragment View
Fragment Information
Showing contexts for: surviving trustee in Mirje Family Trust vs Income-Tax Officer on 26 February, 1986Matching Fragments
In case, none of the daughters of Chandrakant Mirje are entitled to the income (being either married or not surviving) the 1st part shall be held, received and paid to the wife of Mr. Chandrakant Mirje provided she is living with him during his lifetime and so long as she is not remarried after his death.
In case, wife of Mr. Chandrakant Mirje is also not surviving or is not living with him, then the trustees shall hold, receive the 1st part and pay the same to Mr. Chandrakant Mirje.
In case of death Mr. Chandrakant Mirje, trustees shall distribute the first part equally amongst the legal heirs of Mr. Chandrakant Mirje other than the settlor.
In case, wife of Suryakant Mirje is also not surviving or not living with him, then the trustee shall hold, receive the 2nd part and pay the same to Suryakant Mirje.
In case of death of Suryakant Mirje trustee shall distribute the 2nd part equally amongst the legal heirs of Suryakant Mirje other than the settlor.
3. 3rd part shall be held, received and distributed amongst the beneficiaries of 3rd group as under :
To Padmaja Mirje so long as she is not married, on marriage of Padmaja Mirje or her death before marriage, 3rd part shall be held, received and paid to the wife of Manohar Mirje provided she is living with him during his lifetime and so long as she is not remarried after his death.
In case, none of Rakesh, Rita, Rakhi are entitled to the income either on account of death or marriage in case of daughters Rita and Rakhi, the 4th part shall be held, received and paid to the wife of Ramesh Mirje provided she is living with him during his lifetime and so long as she is not remarried after his death.
In case, wife of Ramesh Mirje is also not surviving or not living with him then the trustees shall hold, receive the 4th part and pay the same to Ramesh Mirje.
In case of death of Ramesh Mirje the trustees shall distribute the 4th part equally amongst the legal heirs of Ramesh Mirje other than the settlor.
In case of death of Ashok Mirje trustees shall distribute the 6th part equally amongst the legal heirs of Ashok Mirje other than the settlor.
7. 7th part shall be held, received and distributed amongst the beneficiaries of the 7th group as under :
To Rahul Mirje during his life time.
In case of death of Rahul Mirje, 7th part shall be held, received and paid to the wife of Deepak Mirje provided she is living with him during his lifetime and so long as she is not remarried after his death.
In case, wife of Deepak Mirje is also not surviving or is not living with him then the trustees shall hold, receive the 7th part and pay the same to Deepak Mirje.