company, it
has to take appropriate timely corrective action. A professional corporate trustee is liable
for breach of trust if loss is caused ... which carries on specialized business of
trust management and a professional corporate trustee is liable for breach
of trust if loss is caused
reliance on the judgment of this Court in case of BNY Corporate
Trustee Services Ltd. vs. Wockhardt Limited, (2014) 187
Company Cases ... judgment of this Court in the case of BNY
Corporate Trustee Services Ltd. Vs. Wockhardt Ltd., (2014) 187
Comp Cas 301 (Bom) and in particular
company, it has to take appropriate timely corrective action. A professional corporate trustee is liable for breach of trust if loss is caused ... which carries on specialized business of trust management and a professional corporate trustee is liable for breach of trust if loss is caused
reliance on the judgment of this Court in case of BNY Corporate
Trustee Services Ltd. vs. Wockhardt Limited, (2014) 187
Company Cases ... judgment of this Court in the case of BNY
Corporate Trustee Services Ltd. Vs. Wockhardt Ltd., (2014) 187
Comp Cas 301 (Bom) and in particular
reliance on the judgment of this Court in case of BNY Corporate
Trustee Services Ltd. vs. Wockhardt Limited, (2014) 187
Company Cases ... judgment of this Court in the case of BNY
Corporate Trustee Services Ltd. Vs. Wockhardt Ltd., (2014) 187
Comp Cas 301 (Bom) and in particular
judgments of
learned Single Judges of our Court in BNY Corporate Trustee Services Ltd.
Vs. Wockhardt Limited7 and Sublime Agro Ltd. Vs. Indage Vintners
Limited8 ... winding up petitions,
state the law otherwise. In BNY Corporate Trustee Services Ltd.(supra), a
learned Single Judge of this Court was considering the question
dissolution was me rely to dissolve the Board
of Trustees. The corporate personality of the Trust remained
inviolate. If the Trusts were functioning, if their ... dissolution of the Trusts was merely
dissolving the Board of Trustees. The corporate personality
of the Trust remained, inviolate. But the Punjab Government
took advantage
whether or not any trustee or trustees have
been appointed in respect of such and other
like debentures, and the trustee for the
holders ... Company Petition
No.971/2009 in the matter of BNY Corporate Trustee
Services Ltd Vs. Wockhardt Limited referring to Section
439(2) of the Companies
order of the court below which declined to remove the corporate trustees in
question and made in place an order removing them ... appropriate in the Privy Council's view that the corporate trustees be removed, but
because their actual conduct of the estate was not established
DUBASH to be the
trustees under this my Will.
4. The executrix, the trustees and the successor
executors or trustees were given full power ... obligation to diversify, to retain
any shares of stock of any corporate trustee,
shares of stock in closely held corporations,
shares of stock of corporation