where the person in whose name the property is held is a
trustee or other person standing in a fiduciary capacity, and the
property ... which too is in two parts viz.
one that deals with trustees and the beneficiaries thereof and the other
that deals with persons standing
shall be deemed to be under the same management. Explanation III - If two or more bodies corporate under the same management hold, in the aggregate ... clause, "group" means a group of - (i) two or more individuals, associations of individuals, firms, trusts, trustees or bodies corporate (excluding financial institutions
frame and settle a scheme. He
has two options - either to initiate
proceedings suo motu or when two or more
persons having interest ... given
circumstance to issue general or special
order to permit the trustees of any public
trust to invest money in any manner. Before
alienating
first is
where a contract between two parties is so framed as to
make one of them a trustee for a third; in such cases ... acknowledgement or otherwise besides other two well recognized
exceptions which are beneficial interest or trustee. The said
observations of Jnan Chandra (supra) finds approval
demands."
9. Two of the examples where the Supreme Court has held the property to
be held as a trustee in terms of Section ... transfer of the property to the agent, he stands as a trustee for
the principal.
10. Therefore, in certain cases where there is obvious breach
nominations must be in writing and must be registered with the trustees. Rule 23 deals with payment to nominee and is to the effect that ... said member. These two rules go to show that the main purpose of taking nomination is for the trustees of the fund to relieve themselves
Suit for removal of trustee of math or specific endowment attached thereto:- (1) The Commissioner or any two or more persons having interest and having ... suit in the Court to obtain a decree for removing the trustee of a math or a specific endowment attached to a math
public trust,
negligence, misapplication or misconduct on the part of a trustee or
trustees,
(ii) where a direction or decree is required to recover ... removal of any trustee or manager;
(c) the appointment of a new trustee or manager;
(d) vesting any property in a trustee;
(e) a direction
purpose for which the suit was brought. This is the reason why trustees of public trust of a religious nature arc precluded from suing under ... Trust subject to a minimum of two shall form the quorum for a meeting of the Board of Trustees. Similarly, as per clause
2012 is filed, seeking to
implead all the Trustees, except three, two of whom, are dead and
one is said to be aged and terminally ... tenant could be filed
by one or more co-trustees, without joining other co-trustees in
the suit, was answered by a Full Bench
