possessed of the trust property, the circumstances under which the trust was executed and the subsequent acts and conduct of settlor. It is manifest that ... could only be a breach of trust and would not nullify the trust, but the fact that the trust was never oarried out or acted
whom survived him. In each of these cases a resulting trust in the settlor's favour would arise on the death of his wife ... provision for the children, and these contingent resulting trusts in the settlor's favour these dispositions made by the deed were void under
wealth of the trust, during the three relevant: assessment years.
3. Under the terms of the deed of trust, the settlor constituted himself the sole ... relatives and dependants of the settlor or the settlor's family. Subsequent to the creation of the trust two of the named relatives
wish shall be held to create a trust. Thus, an express trust consists primarily in the settlor transferring his interest or title in the property ... creation of a trust. They cannot be compelled to accept a trust. Since they cannot be compelled to accept the trust, their assent is essential
certainties required to create a charitable trust, namely, (1) a declaration of the trust binding on the settlor, (2) setting apart definite property ... trust would be vested in five trustees who included, according to the terms of the trust deed, the sons of the settlor as well
settlor" of the trust), executed an unregistered trust deed dated March 15, 1991. A copy of the trust deed is enclosed as annexure ... trust deed, which does not refer at all to the earlier trust created vide trust deed dated March 15, 1991, a new independent trust under
Pearey Lal Banerji created a trust by an indenture of trust dated October 26, 1937. The corpus of the trust consisted of Government securities ... appointment did not extend, the trust fund and income would be held in trust for the settlor's nephew, Manoj Kumar Banerji
settlor and in case he predeceased the settlor or in the event of his death after having survived the settlor, the income of the trust ... upon trust certain immovable properties and leasehold lands by an indenture dated July 15, 1938. Under the terms of the trust deed, the settlor
object of the settlor was not to create a trust. Where the settlor, after declaring the trust, appoints himself a mutawalli, the vital factor, which ... objects of the trust. There is also an ultimate reservation in express terms in favour of other charitable deeds if the trust in favour
lives and after their death, on the settlor for life and thereafter on other persons and the settlor dies before his interest in the property ... must be held that where there is a discretionary trust a possible object of that trust holds an interest within that provision. Greer
