Tribunal that the trust is a public trust for be utilised for charities which according to the trust would include "donations to erect funds ... this trust cannot function for any reason whatsoever the trust shall be dissolved and the trust property respectively be returned to the settlors and future
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 ... where the trust is a single consolidated trust. Under the second proviso a trust is a settlement or disposition and "settlor or disponer
trust. This trust
is a revocable and determinable trust.
5 The following provisions of the Deed of Settlement are relevant:
(aaa) "Settlor ... Trust, ETL is the trustee of the trust and
ADIA is also the sole beneficiary of the trust;
e) The Trust is registered
Charities Trusts. All the trusts under all the above deeds of trust were amalgamated and the trust funds blended together and all these trusts thereafter ... this trust as "the fifth deed of trust". In this deed of trust Narandas was described as "the Settlor" simpliciter
intended trusts. If those trusts had not failed and had exhausted the property, there would have been no resultant trust over to the settlor ... true position when declared trusts failed and there is a resultant trust over to the settlor or his heirs ? The answer to this
trust deed upon the trusts therein mentioned. We are not concerned with the trusts enumerated in Clauses (a), (b) and (c), in the events that ... Then Clause 10 of the deed of trust makes the trust deed revocable by the settlor with the consent of his wife and his three
settlor, the trustees were to hold trust fund upon trust to pay the annual income to the settlor's wife for life ... beneficial interest in the trust fund, and that, therefore, there was a resulting trust in favour of the settlor and the fund must be held
trustees were to hold the trust funds in trust for such persons, objects and purposes and institutions as the settlor might, by deed or will ... gift-tax on the value of the trust property as, by the said trust deed, the settlor had effected a transfer of property without consideration
called "Rustomji's Trust Fund" on precisely similar trusts to those of Ardeshir's trust fund, substituting Rustomji for Ardeshir ... without male issue him surviving, the trusts should determine and the trust property should belong to the settlor absolutely. The settlor then took absolute power
Charitable Trust only
in November, 1965 and the Trust came to be registered
under the Bombay Public Trusts Act, 1950 as Public
Charitable Trust late ... 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
