made provision for the appointment of additional trustees. It further provided that if no additional trustee was appointed, Dr. Mohanty would be entitled to exercise ... exercise all the powers of the trustees so long as no additional trustees were not appointed. There is nothing obnoxious about the clause. The powers
such shares as the settlor shall by writing or will 'appoint' and in default of any such 'appiontment' by the settlor ... revenue was that the settlor had a right to appoint additional trustees. We do not see as to how this can militate against the validity
become unfit to act as a trustee or refuse to work as a trustee, the
trustee may be appointed out of the persons in order ... schedule. The Trustee has to be appointed by Deed. Thus there must be a Deed of
Appointment of the trustee and the trustee must
could come into operation only if and when the settlor appointed the additional trustees as contemplated by it. According to Shri Patel, the trust ... trustee (Mr. McGill) and it did not depend upon the appointment of additional trustees by the Maharaja. He further added that Clause 3 prevails over
Upon any terms and conditions whatsoever as my Trustee
think fit to the intent, my trustee shall in his absolute discretion
have the same full ... appointed feels to appoint additional
trustee or trustees who he is hereby authorized to do so.
g) The Trustees or trustee of these presents shall
declared and made clear that any trustee or
member of the trust has no right to claim to appoint any
person of his relatives ... point of time.
The board of trustees has power to appoint additional
trustees hi the case of vacancy arises due to death or
retirement
office
holders of the trust, wherein it was unequivocally declared that the
trustees stand possessed of the 'trust fund' comprised of both movable ... running of
the affairs of the trust and also regarding appointment of additional
trustees etc. have been detailed in the said declaration of the trust
Trust is Vineet Nayyar. The other trustee in the
trust is Reva Nayyar. The address of both the trustee in the
trust-deed ... trust-deed that the trustee
shall be entitled to appoint the additional trustee as and
when they deem fit as per Clause-6 of Trust
Trust is Vineet Nayyar. The other trustee in the trust is Reva Nayyar. The
address of both the trustee in the trust-deed ... trust-deed that the trustee shall be
entitled to appoint the additional trustee as and when they deem fit as per
Clause-6 of Trust
IBBI
(Bankruptcy Process) Regulations, 2019 expressly empowers the Bankruptcy
Trustee to appoint an additional registered valuer, where circumstances so
warrant. Given the substantial reduction ... below:
" Regulation 30 . Valuation of assets.
(3) The bankruptcy trustee may appoint an additional
registered valuer, for valuing the assets of the bankrupt
