inadequate. In
the absence of demonstrated necessity, compulsory
acquisition coupled with dissolution of trust
arrangements is plainly disproportionate.
40. This Court, in the course ... pattern of arbitrariness: complete vesting of
property in the State, dissolution of long-standing trust
arrangements, absence of any finding of necessity or
mismanagement, provision
Dr Bina Modi vs Lalit Kumar Modi & Ors on 24 December, 2020
Equivalent citations
place without declaration of a new trust by the settlor in respect of trust fund. Moreover, revocation of trust would not affect any act done ... revocation of irrevocable trust is doubly dishonest and guilty of criminal breach of trust. By filing balance sheet of five trusts under a covering letter
paid to a Trust or Institution registered under section
12AA of the Act or fund or institution or Trust referred to in clauses ... second proviso provides that in case of dissolution
of Trust or institution, the assessing officer can permit the application
of the accumulated or set apart
been formed with a corpus
of Rs.50,000/-, on dissolution of the trust, the
trustees have decided to divide the properties
only in terms ... trust having stood
dissolved, resultantly the properties vested on
the trust automatically stood vested in favour
of all the beneficiaries equally. Secondly, when
the trust
contents of
the Gazette Notification is only regarding the dissolution
of the Trust. If the reasoning of the Inspector General of
Registration, Chennai, is accepted ... lacks the status to question the dissolution of
the Trust and for requesting restitution of the same, since
he could not have been made
contents of the Gazette Notification is only regarding the dissolution of the Trust. If the reasoning of the Inspector General of Registration, Chennai, is accepted ... lacks the status to question the dissolution of the Trust and for requesting restitution of the same, since he could not have been made
Marten Borchert And Anr vs Arzan Khambatta And Anr on 18 April, 2011
Author: Roshan
relief. He would
further state that subsequent to dissolution of Sangam, Trust also be
formed and the Trust has taken over the assets and liabilities ... arise,
since the plaintiffs have not challenged the dissolution or even the
consequent formation of the Trust and transfer of properties from the
Society
beneficiaries. Moreover, the whole exercise of the
creation of the trusts and their dissolution was designed only to transfer
the property to the beneficiaries without ... Indian Trust Act, 1882 permits all the beneficiaries of a trust to
revoke the trust. As a result of such dissolution, the legal right
