business. The beneficiaries who are
named in the trust as recipients of the income of the trust cannot be
considered as an association of persons ... hands of the petitioner as
the transferor of a revocable trust, in which event the income would be
exempt under Section 10(23D) . Whether
interest of the Trust and its
property. They have created source of income of the Trust. Land of the
Trust is yielding two crops ... Trust. They have no interest in
furtherance of the aims and objectives of the Trust or in proper
administration of the Trust and its properties
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
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
claims to be operating in the Kandla Port
Trust (hereinafter referred to as "the Trust"). The
petitioner claims that it is a Craft ... Trust, the petitioner Union has not a single
membership in the Trust. It therefore, has no locus
standi to challenge the action of the Trust
administration of any such trust, Advocate-General of the State or two or more persons having interest in the trust is entitled to seek leave ... doing so merely with a view to harass the trust or persons running the Trust. It has been further held in the decision
Deivasigamani Pillai Sadavarthy Charity Trust (hereinafter referred to as "the Trust") for their acts of breach of trust; misappropriation, malfeasance and misfeasance ... administration of the trust and trust properties and reimbursement of the amounts alleged to have been misappropriated out of the trust funds.
6. The defendants
family, the object of the trust being public and the trust would be considered as a public trust and Section 92 CPC would promptly apply ... involved in the said trust, it would not become a public trust, but it would be remaining as the private trust. He would also submit
Abbas v. A.G.M.Trust
has held that once a Wakf property is registered, it is not
revocable. Even if there is a condition
trial of the proceedings under Section 36 of the
Bombay Public Trusts Act, 1950 would obviously
mean dismissal of such proceedings if there ... Bombay Public Trusts Act, 1950 for revoking
the sanction and it is in that context this Court
held that revocation was not possible. The said