holding 30.19%.
22. It is submitted that the SMAIT is an Irrevocable Determinate Trust
under the Indian Trust Act 1882 established under the Provisions ... Trust Deed which is most vital to the facts and issues. The Trust
Deed is a registered Trust under the Indian Trust
holding 30.19%.
22. It is submitted that the SMAIT is an Irrevocable Determinate Trust
under the Indian Trust Act 1882 established under the Provisions ... Trust Deed which is most vital to the facts and issues. The Trust
Deed is a registered Trust under the Indian Trust
Promoters, Debenture Holders agreed to
subscribe to the Debentures and a Debenture Trust Deed dated
01/07/2016 was executed amongst the Principal Borrower ... Debenture Trust Deed,
payment of interest and all other accounts on the respective due dates was
secured by an irrevocable Corporate Guarantee
Promoters, Debenture Holders agreed to
subscribe to the Debentures and a Debenture Trust Deed dated
01/07/2016 was executed amongst the Principal Borrower ... Debenture Trust Deed,
payment of interest and all other accounts on the respective due dates was
secured by an irrevocable Corporate Guarantee
Creation of trust in contract with an actual transfer of
actionable claim
k) The creation of a trust is in stark contrast with the transfer ... clause 10 of the MOA specifically
requires DHFL to give NHB an irrevocable power of attorney to
"create a mortgage or charge
Creation of trust in contract with an actual transfer of
actionable claim
k) The creation of a trust is in stark contrast with the transfer ... clause 10 of the MOA specifically
requires DHFL to give NHB an irrevocable power of attorney to
"create a mortgage or charge
Union Of India vs Infrastructure Leasing And Financial ... on 13 May, 2022
Author: Ashok Bhushan
Union Of India vs Infrastructure Leasing And Financial ... on 13 May, 2022
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