Trustee
then the deceased Trustee will be replaced by his
eldest son and in case of death of the other
trustee he will be replaced ... trustees the sol trustee will manage
all the works of the Trust alone. After we both
trustees till the time whenever there will be two
sought to remove the peedams. So the appellant and the other two trustees filed a suit against the Government ... allowed to be dismissed by the plaintiff and the other two trustees. Thereafter, the Government removed all the peedams. There were only 3 idols
trusts referred to therein. By the said order notice, the trustees of the two trusts were called upon to show cause ... two trusts, no appeal was filed by the trustees of the two trusts or either of the trust before the District Court at Pune
scale and depth of the involvement
and interference of these two Trustees in the affairs of 1st Respondent
Company and Tata Group Companies is evident ... presence of independent directors on the Board,
just two trustee nominee directors alone can decide what gets approved
(even this was brought down from
managed by a committee called Trustees. In 1934
the Trustees entered into agreements with two cotton mills
situated in the State by virtue of which ... which
consisted of three members of the Government, who were
called Trustees. By two agreements dated April 12, 1934,
and July 27, 1934, made between
entrusts the family property to the possession and management of two trustees, one Jhaverbhai who is dead and was the paternal uncle of the minor ... been done by the trustees, reciting the financial difficulties of the family and asking for fresh trustees. The trustees were so forced
moment that the entire income is receivable by the two trustees on behalf of Birendra alone the tax must be levied on the two trustees ... sums. It follows that the tax must be levied on the two trustees in the same manner and in separate sums.
14. Mr. Meyer next
provisions of section 47 and 48 the suit filed only by two trustees is not maintainable. In order to further substantiate his contention Shri Apte ... trustees are bound to exercise their judgment and no one co-trustee can delegate these functions to his co-trustee or to any other person
three trustees out of five suspended
trustees. Here it may be clarified that although
charges have been framed against nine trustees, as
four trustees have ... without suspension of the
said trustees. It was then contended that already
five trustees out of the nine charged trustees have
resigned. The Respondents
that the present appellants were appointed by the committee as the two trustees for the devasthanam and that they took over charge on the 13th ... accepted and new trustees had been appointed, the new trustees did not take over charge but he continued de facto as trustee. The question then
