matters within the scope of the relationship. Fiduciary
relationships - such as trustee-beneficiary, guardian-ward, agent-principal,
and attorney-client - require the highest duty ... used to describe a situation or
32
transaction where one person (beneficiary) places complete confidence in
another person (fiduciary) in regard to his affairs, business
such person being hereafter in this sub-clause referred to as the "beneficiary") and any sum paid by the representative assessee in respect ... obligation which, but for such payment, would have been payable by the beneficiary ; (v) any sum chargeable to income-tax under clauses
signing authority in any account located outside India; or (b) is a beneficiary of any asset (including any financial interest in any entity) located outside ... contained in the fourth proviso shall apply to an individual, being a beneficiary of any asset (including any financial interest in any entity) located outside
from an approved superannuation fund made— (i) on the death of a beneficiary; or (ii) to an employee in lieu of or in commutation ... refund of contributions on the death of a beneficiary ; or (iv) by way of refund of contributions to an employee on his leaving the service
other activities on sound,
permanent and organized basis.
The appellants are beneficiaries of Modipon Limited Senior Executive (Officers)
Welfare Trust. The respondents (defendant ... Trust and is being operated by respondent No.1. Since the beneficiaries of the Trust
were not deriving any benefit from the Trust
guarantees constituted independent and separate
contracts between the guarantor bank and the beneficiary and
created independent rights, liabilities and obligations
under the guarantee bonds themselves ... credit came to bridge this gap. In such
transactions, the seller (beneficiary) receives payment from
the issuing bank when he presents a demand
damages i.e. a penalty and not merely
actual loss to the beneficiaries. Otherwise the very object
of the Legislation would be frustrated ... time it
is meant to provide compensation
66
or redress to the beneficiaries i.e. to recompense the
employees for the loss sustained by them
banker and a banker, grant an
injunction at the instance of the beneficiary of an
irrevocable letter of credit restraining the issuing bank
from recalling ... paid under reserve from the
negotiating bank acting on behalf of the beneficiary against
a document of guarantee/indemnity at the instance of the
beneficiary
majority of holdings has not been
deposited in the account of the beneficiaries, the acquisition would
not lapse; however, all the beneficiaries shall be entitled ... used is compensation
has not been “deposited” in the account of the beneficiaries, which
may be deposited separately in treasury also; whereas, in section
streets on micronutrient
fortification of the THR to be provided to the
beneficiary this step of micronutrient
fortification requires expert technical
supervision ... components in it, to be provided as
supplementary nutrition to the beneficiaries at
Anganwadis namely:- Hot Cooked Meal (HCM) and
Take Home Ration (THR).
Directions