Pilgrimage Money Trust, Hyderabad. On 2.11.1950, H.E.H.
Nizam of the erstwhile State of Hyderabad created a trust
under which the settlor set apart ... indirectly under the said trust. In
our view, the direction in the trust deed that the expenses
of the settlor for pilgrimage performed for religious
referring only to the trust deed executed in favour of
Sahebzadi Oalia Kulsum.
Under the deed of trust, the settlor who was a Muslim,
created ... ornaments and certain other properties were transferred by
the settlor as a wakf.
The settlor Sir Mir Osman Ali Khan expired on 24th of
February
income-tax of the trustees of a trust in which, under the deed of trust, the settlor has given to the trustees a power ... beneficiary's interest in the trust. By not renouncing his rights under a trust, a beneficiary does not consent to the trustees carrying
properties on trust under a deed of trust dated April 6, 1944. One of the beneficiaries under this deed of trust was his son, Hemant ... Amarsay v. CWT . In that case, under a trust deed executed by the settlor, the trustees were to apply the net income of the trust
income-tax of the trustees of trust in which, under the deed of trust, the settlor has given to the trustees a power to carry ... beneficiary's interest in the trust. By not renouncing his rights under a trust, a beneficiary does not consent to the trustees' carrying
March 31, 1972, the beneficiaries of the income under the trust were the settlor's grand-daughters, Chhaya and Sangeeta, or also Pushpaben ... March 31, 1972, the beneficiaries of the income under the trust were the settlor's grand-daughters, Chhaya and Sangeeta, Pushpaben, the wife
Trust. Under the said Deed of Trust no power to alter or revoke the trust is reserved in favour of the settlor.
2. It seems ... section 78 of the Indian Trusts Act apply to all trusts, public or private and that a trust cannot be revoked except as provided under
life time and after the decease of the settlor
and his wife, in trust for the children of the marriage as
therein mentioned ... Settlement, Brookes v. Attorney General
(1939 (1) AER 196 ) the settlor had vested a trust fund in
trustees upon trust that they should
trust. The trust was created on January 18, 1963, by an indenture of trust executed by late Shri Mangaldas N. Verma, as a settlor, settling ... position that the author of the trust has a substantial interest in Caprihans (India) Pvt. Ltd.
3. The trust continued to hold these shares
share of the income of the trust fund. The right to receive income from the trust fund, i.e., life interest herein, being ... should get the whole net income of the trust fund. Since the intention of the settlor was indisputably the latter one, the right
