against him that the trust is a single consolidated trust of the two settlors and that the trust is rendered revocable even as regards ... separate trusts and not one trust as held by the Tribunal. If our construction of the trust deed is correct, the trust of Dr. Kohiyar
explicit
"irrevocability clause" in a trust deed renders a public charitable trust
"revocable" in law, thereby justifying the rejection ... trust. The trust property has to be applied by the trustees in terms of the
Trust Deed. Thus, when the Trust Deed does not contain
declare any new or other trusts or power concerning the Trust Funds or any part thereof to which such revocation shall extend as to hims ... seven years during which the trust was made irrevocable had expired, that the trust had become a revocable trust, and, therefore, the entire income from
property mentioned in Schedule E to the trust deed. The trust deed also contains a power of revocation which is set out in Clause ... shares." Then Clause 10 of the deed of trust makes the trust deed revocable by the settlor with the consent of his wife
trust is extinguished and one of the cases in which a trust is stated to be extinguished is where the trust being revocable is expressly ... purpose become impossible by destruction of the trust property or otherwise; or
(d) when the trust being revocable, is expressly revoked."
11. Clause
property mentioned in schedule E to the trust deed. The trust deed also contains a power of revocation which is set out in clause ... shares." Then clause 10 of the deed of trust makes the trust deed revocable by the settler with the consent of his wife
with a trust which is either revocable or not revocable, and the second part deals with a revocable trust, and the first proviso introduces ... third proviso deals with revocable trusts and it is in favour of the assessee that although the trust is revocable and although it falls
being the settlor, also the sole beneficiary of the trust. This trust
is a revocable and determinable trust.
5 The following provisions of the Deed ... Trust. The Deed of Settlement provides
that the capital contributions made or proposed to be made by ADIA to the
Trust would be a revocable
charitable trust was registered under the Bombay Public Trusts Act, 1950 , the trust became irrevocable, even though it might contain a revocation clause ... trust. It is also pertinent to note that under s. 78 of the Indian Trusts Act, a trust is extinguished when the trust. Being revocable
half the income from the trust properties and as such the trust was deemed to be a revocable trust falling within the first proviso ... proviso and the deed must be regarded as a revocable settlement or a revocable trust. He derived support to his said contention by referring
