Revocation of trust.
- A trust created by will may be revoked at the pleasure of the testator. A trust otherwise created can be revoked only ... author of the trust; or (c) where the trust is for the payment of the debts of the author of the trust
other Body Corporate/HUF/ Partnership Firm/Discretionary Trust/Charitable trust/Specific Trust/Revocable Trust /Pooled Investment vehicle (PIV) / Entity controlled by PIV)
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(b) Corporate Identity ... discretionary trust or charitable trust
Beneficiary in case of a specific trust
Author or settlor in case of a revocable trust
General Partner, Investment Manager
case of a discretionary trust or a charitable trust; (b) is a beneficiary in case of a specific trust; (c) is the author or settlor ... case of a revocable trust. (v) where the member of the reporting company is, - (a) a pooled investment vehicle; or (b) an entity controlled
Section 77 in The Indian Trusts Act, 1882
77. Trust how extinguished.
- A trust is extinguished (a) when its purpose is completely fulfilled ... purpose becomes impossible by destruction of the trust-property or otherwise; or (d) when the trust, being revocable, is expressly revoked
Section 79 in The Indian Trusts Act, 1882
79. Revocation not to defeat what trustees have duly done.
No trust can be revoked
Pension Fund Regulatory and Development Authority (National Pension System Trust) Regulations, 2015
31. Revocation of the National ... Pension System Trust.
- The National Pension System Trust shall be irrevocable, save at the instance of the Authority. In the event of revocation
company, or (d) under a transfer to a revocable or an irrevocable trust, or (e) under any such transfer as is referred to in clause
person by virtue of a transfer- (i) by way of trust which is not revocable during the lifetime of the beneficiary, and, in the case
company; or (d) under a transfer to a revocable or an irrevocable trust; or (e) being a Hindu undivided family, by the mode referred
transfer" includes any settlement, trust, covenant, agreement or arrangement; (b) a transfer shall be deemed to be revocable, if–– (i) it contains any provision
