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G. Chikkapapanna Alias G.C. Papanna vs Smt. Kenchamma (Deceased) By L.Rs And ... on

following nature: holder, owner, beneficial owner, ultimate beneficial owner, trustee, settlor, beneficiary, authorized signatory, director, shareholder, etc. c. Intelligence on prima facie undisclosed foreign asset

same to the beneficiary concerned. As mentioned earlier the beneficiaries mentioned in the deed are the minor children of the Settlor. The operations of these ... benefit of the minor children of the Settlor. The real purpose of the Settlor was to provide for the maintenance, education, health, marriage and advancement

clear that the three minor children of the settlor mentioned in the deed are the beneficiaries under that trust. Now we shall proceed to examine ... trust deed for the benefit of the beneficiaries, namely, the three minor children of the settlor. We have earlier seen that clause 21 gives absolute

other part; WITNESSETH AS FOLLOWS: Whereas the Settlor is the aunt of the beneficiary and whereas she has been very much attached to the beneficiary ... dependent on the settlor the settlor transfers the schedule property by way of settlement upon the beneficiary to have and to hold the same absolutely

Khadria and its properties and funds. By the said deed, the settlor of the trust had declared that himself and Khaleefa Abdul Khader will ... Abdul Khader was the sole trustee, and beneficiary of the private trust registered as such by the Settlor in the year

three settler partnership firms and three settlor companies. The settlor firms, the settler companies, the petitioner and the beneficiary companies are all part ... received certain securities being listed shares of Wipro Ltd., from the settlor firms in financial year 2012-13 and the settlor companies in financial year

Trustee' is a person who accepts the confidence. The 'beneficiary' is the person for whose benefit the confidence is accepted ... Trust involves four ingredients: (a) Settlor or donor; (b) Trustee or Trustees; (c) the beneficiary; and (d) the subject-matter of the Trust. 4. Keeping

aforesaid Act could be made only by a proposed beneficiary and not by a beneficiary who had already accepted the benefits of the trust ... power of anticipation during coverture" as no settlor can compel an unwanted settlement on a beneficiary and the beneficiary has the right to release

covers only trusts wherein the beneficiaries are the wife or the minor children of the settlor." 2. In dealing with the assessment ... interest in which belongs to the beneficiary, is not open to assessment in the hands of the beneficiary as income belonging to him and liable