about the Trust as also schedule A
of property. Article 8 of the Trust Deed notes:-
"Article Eight
Distribution of Trust upon Death ... this, the Shanta Sharma Revocable Trust."
Schedule A
"SCHEDULE OF TRUST ASSETS
SHANTA SHARMA REVOCABLE TRUST
1. All real property owned by Grantor
Trust
have been satisfied. The appellant is a trust set up under die Indian Trusts Act, 1882
by way of an Indenture of Trust which ... also held that for a trust to be a determinate trust would be
sufficient if the trust deed laid down that the beneficiaries would
created five mutual and reciprocal
trusts to leave the estate covered by these trusts for charity.
4
These trusts are said to have been revoked ... civil suits which were filed
challenging the revocation of trusts and for recovery of properties
vested in the trust.
8. Let us understand the array
call upon the Trust to cancel
any units held by them and return the value.
Therefore, the trust is revocable trust and squarely
covered ... submitted that the Trust Period as defined in
clause 'w' of the Trust Deed also clearly stipulates that the Trust Period
means
assessee was a
Trust set up under Indian Trust Act, 1882 vide Trust Deed dated 19/08/2005.
The trust was also said ... Venture Capital Fund [VCF]
Regulations, 1996 and stated to be specific revocable trust as per Clause 15.1
of the Trust Deed.
2.2 It was pointed
Nagarajan
2009 Family Recoverable Trust. - 66.98%
(b) Ashirtha Valli Nagarajan 2009 Irrevcoverable Trust - 16.51%
(c) Bharath Vaidya Nagarajan 2009 Irrecoverable Trust ... Shanmugam and Sucharitha Nagarajan 2009 Family Recoverable
Trust and further this trust is revocable one. Hence the income
pertaining to this trust was offered
utilised for the purpose of the religious community. Even if the trust was revocable, the property was not to
go back to the Satguru ... that the properties would vest in the trust and cl. 25 provided that the trust shall be
revocable at the discretion of the Council
batch
administration of the Trust as provided in the second proviso
to sub-rule (4) of rule 13.
(3) The Trust may also seek services ... authority to use the same
for and on behalf of the Trust.
26. Revocability.- The Government shall have the
discretion to revoke the Trust
trust property i.e. while the
property-, retains the character as the trust property and not after the
public trust is divested of that property ... property loses the character as that of a trust property. Such a power of
revocation has to be exercised only qua the property
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
