contended that trust
deed dated 1.1.1841 is clearly investing the power in
the petitioner trust for removal of the trustee. The
overall control is with ... petitioner trust at Mumbai. The registration of the
main trust is at Mumbai in the State of Maharashtra
and overall control is that
accordance with the objects
of the trust, what kind of control trust is exercising on business of
Tata Sons Ltd. and also the issue that ... taking benefit from the
company because of through the control of directors appointed by
the trust.
(d) In response to this show cause, a reply
accordance with the objects of the trust, what kind of control
trust is exercising on business of Tata Sons Ltd. and also the
issue that ... Learned AO
had done comprehensive inquiries on this issue whether the trust controls the
ITA No. 3738/Mum/2019
Assessment year: 2014-15
Page
Instrument of trust" means the instrument by which the trust
is created by the author of the trust and includes any scheme framed ... definition, generally speaking, a 'public trust', would
mean a Trust, created by the instrument of trust, as defined
facto trustee should be in actual effective control of the Trust and then only he could file any suit so as to safeguard the property ... connection with the Trust earlier, but gained control over the Trust, could institute legal proceedings, so as to safeguard the property of the Trust
accordance with the objects of the trust, what kind of control
trust is exercising on business of Tata Sons Ltd. and also the
issue that ... Learned AO
had done comprehensive inquiries on this issue whether the trust controls the
ITA No. 3737/Mum/2019
Assessment year: 2014-15
Page
trust under Indian Trust Act, 1882 and as a scheme of SMAIT. SMAIT
is also a trust within the meaning of the Indian Trust ... reposed and the Trust is the owner of the Trust property. The SMAIT is the owner of
all the trust properties, funds, schemes and investments
trust under Indian Trust Act, 1882 and as a scheme of SMAIT. SMAIT
is also a trust within the meaning of the Indian Trust ... reposed and the Trust is the owner of the Trust property. The SMAIT is the owner of
all the trust properties, funds, schemes and investments
Kanoria
Foundation controls the appellant, not the other way around. This distinction is
crucial, as control by Kanoria Foundation does not establish control ... shareholding control, a chain of control through contractual
arrangements also exists between the Appellant and the Corporate
Debtor. The chain of control from TAIML
Kanoria
Foundation controls the appellant, not the other way around. This distinction is
crucial, as control by Kanoria Foundation does not establish control ... shareholding control, a chain of control through contractual
arrangements also exists between the Appellant and the Corporate
Debtor. The chain of control from TAIML
