Province of Bombay v. Pestonji Ardeshir Wadia , AIR 1949 PC 143, two trustees of a Trust served a notice under Sec. 80 intimating that ... lodged in court, and two more trustees were appointed in the place of the deceased trustee. Thereafter the two new trustees and the surviving trustee
touching Mavelikkara, one of them charges for the air ticket of two trustees from Singapore to Madras of Rs. 41;744. The trip from Singapore ... office at Trivandrum. The AO found that the visit of the two trustees permanently residing at Singapore could be for meeting their own relatives
minimum of 2 (two) Trustees and a maximum of
7 (seven) Trustees of the said Trust (with the Trustees from time
to time being collectively ... Nominee Trustee" and collectively as "Nominee Trustees")
Functioning of the Trust
3.1 The Board of Trustees shall hold at least two meetings
fact installments for
acquiring a capital asset.
ii. Since, two trustees of CARE are the Directors of Quality Care India
Ltd., the company having substantial ... claimed as deduction.
4.2 The ld. AR further submitted that two trustees of CARE i.e. Dr. B.
Soma Raju and Dr. N. Krishna Reddy
have also signed against their typewritten names. The signature of other two trustees viz. Bhagwandas Gordhandas Gujarati and Smt. Kalindi Jayantilal Patel are in English ... resident of Bombay, one trustee was resident of Pune and two trustees were resident of Dholka and the travelling expenses were only
time of filing of the present petition there were
only two trustees and, therefore, the present petition is not maintainable.
On this aspect ... provides as under:-
(g). There shall be a quorum when two
Trustees are present at any meeting. Pending any
vacancy the Trustees for the time
maintainable.
HEADNOTE:
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A trust with the settler, her son and two others, as
trustees was created. Part of the trust property included a
large house ... court of the
Metropolitan Magistrate by one of the trustees alleging that
these two officers, in conspiracy with one of the trustees
trustee to be nominated by the Life Insurance Corporation; (d) one trustee to be nominated by the State Bank; (e) two trustees to be elected ... trustee, as the case may be, resumes his duties. 16. Fees and allowances of certain trustees.
Trustees, other than the Chairman and the executive trustee
Trust may from time to time appoint committees consisting of a Trustee or Trustees and such other person of any of the following classes ... Trustee appointed to a committee or where two or more than two Trustees are so appointed such one of them as may be nominated
virtue of which he is appointed] 7. Resignation of trustees.
(1) Any trustee may at any time resign his office, provided that his resignation shall ... shall, upon the written request of not less than two trustees, call a special meeting. (b) The quorum necessary for the transaction of business
