would met if the assessee trust files its amended trust deed including dissolution
clause.
2
ITA No.297/Del/2021
7. On careful consideration ... deed before ld. CIT(E) clarifying
the position in a situation dissolution of trust, complying with the requirements of
registration granting authority preferably within
facts the trust is found to be
genuine and/or genuineness of the trust is established, the trust may
be entitled to registration under Section ... held that if Trust
fulfilled all other conditions, then the Trust will be eligible for
registration even in the absence of Dissolution Clause
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
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
Trust, the new elected Body of the Trust has submitted
Prapatra-8 and the petitioners filed objections thereto. Thereafter,
the Secretary of the Trust ... examination, while observing therein
that certain new facts regarding dissolution of the Trust and no-
confidence motion in question, were introduced.
(Downloaded
Trust resolved to accept the assets and liabilities of the
Syndicate Rural Development Trust ('the SRD Trust' for short),
which was the trust ... amalgamation, the SRD Trust was dissolved
as the assets and liabilities of the Trust were transferred to
CBCRD Trust. The dissolution deed comes
date of signing of this settlement.
7. Dissolution:
In the vent of dissolution of any of the trusts i.e. Poddar
Chattra Niwas Trust ... Chhatra Niwas, the
property standing at the time of dissolution, shall vest
with the remaining trust in case both the trusts are
dissolved simultaneously, then
following:
ORDER
Petitioners have already moved an application for dissolution of a private
trust before the respondent No.2.
Signature Not Verified
Signed by: ASHWANI ... Registered Trust Deed
and if that provisions permit for dissolution of the trust on happening of certain
exigencies, then to decide the petitioners' application
Bombay Public Trust Act and
settled position of law, a trust is a perpetual trust. In case the activities of
the trust cannot be carried ... clause in the trust deed that the
trust will not be dissolved and it is perpetual, whereas clause 18 of
the trust deed specifically provides
submitted that the Trust was constituted on 17.01.2011 and
thereafter the trust deed was amended by incorporating dissolution clause.
Accordingly, the assessee had filed application ... submitted that the second application was filed after amending the trust deed
by including dissolution clause and further, no change was made to the object
