without following Section 50A of the BPTA which
deals with the dissolution of trust, the FDCB property cannot be vested
with CNI. Thus, the learned ... Concededly, the properties of the trust
being properties of the religious trust had vested in such trust. Such
a provision, we have noticed hereinbefore, also
Satkrit Service Trust. The said trust was registered with the Sub
Registrar, Chandigarh on 21.4.2006. The trust was constituted of two
trustees ... assessee and secondly, the
original trust which was an irrevocable trust, was amended by way of
supplementary Trust Deed. It was fairly admitted
society were to
be possessed and run by the Trust after dissolution of the
society. There is no other way of understanding the
instrument ... Trust.
Indeed, Ex.P.119 refers to Appeal No.95/2001 filed by the
Trust represented by Singre Gowda - Secretary,
Gnanamandira Education Trust disposed
suit is instituted by
one of the beneficiaries for dissolution of the Trust by an order of this Court.
In my opinion, consideration of clauses ... contest the prayer of the above beneficiaries for dissolution of the
Trust. By dissolution of the trust they would get nothing whereas by operation
same that a trust-deed can incorporate a
clause in respect of vesting of assets of a trust in case of dissolution,
but we cannot ... Kutir Charitable Trust vs. CIT
Asst.Year - -
-6-
with the Sub-registrar as a charitable trust and the trust being an
irrevocable trust the obvious
that once the trust is registered with the
Sub-Registrar as a charitable trust, in the event of failure of the trust the
net assest ... trust-deed and trust does not have any clause that the trust will not be
dissolved and it is a perpetual trust. This issue
trust-deed and trust does not have any clause that the trust will
not be dissolved and it is a perpetual trust. This issue ... this clause was not
provided in the trust deed, therefore, the trust was not a genuine trust,
and hence registration was rightly denied.
3. Having
evidence. 49. Dissolution of University.
(1) If Himalayan Institute Hospital Trust, Dehradun proposes dissolution of the Swami Rama Himalayan University in accordance with ... Promoting Society i.e. Himalayan Institute Hospital Trust. 50. Expenditure of the University during Dissolution.
(1) The expenditure for administration of the University during
payments
and other details for verification;
(e) The trustdeed did not contain clause of dissolution providing ... eventuality in respect of the assets and liabilities of the trust on its
dissolution.
Learned counsel submits that the order of the CIT (Appeal
Accordingly, the Society is dissolved. Respondent No.4
formed a Trust after the dissolution and the
management of the school earlier run by Bireshwara
Shilpa ... rival groups passed a resolution
for dissolution of the Society and formed a separate
Trust and takes over the management of the school
