British Virgin Islands, constituted in September 2005
(Trust Vehicle), formed part of the trust structure;
C. the Trust was governed under the laws ... British Virgin Islands, constituted in
September 2005 (Trust Vehicle), formed part of the trust
structure; the Trust was governed under the laws
recitals of the Trust-II Deed which give the objective of settling
the Trust are set out below:
"B. The Settlors intend to structure ... part of the „Trust Property‟ as provided
under the Trust-II Deed. It is further submitted that the Trust Property
CS(OS) 121/2020 Signature
Adi Burjor Banajee And 2 Others vs Bakhtawar Maneskha Jijina on 22 March, 2022
Author
especially when such general provision is not found in
the Settlor's Trust Deed.
34. Mr. Vashi has submitted that on a plain ... Trust Deed to amend, alter, vary the trust, neither
the Trustees nor the founders could bring about change in the
objects of the Trust
irrevocable determinate trust established by
SAIML in terms of the Indenture of Trust dated 8th April, 2013 (Trust Deed under the
Indian Trust ... Trust Deed which is most vital to the facts and issues. The Trust
Deed is a registered Trust under the Indian Trust
irrevocable determinate trust established by
SAIML in terms of the Indenture of Trust dated 8th April, 2013 (Trust Deed under the
Indian Trust ... Trust Deed which is most vital to the facts and issues. The Trust
Deed is a registered Trust under the Indian Trust
Trust who
has contributed the funds towards its capital. As per trust
deed, ARCIL-SBPS024-I Trust has been appointed as a Settlor ... ARCIL SBPS 024 I Trust
Trust Act which states that a trust may be created by every person
competent to contract. From the above
contributed funds in the trust and are also the beneficiaries.
d) The Indian Trusts Act, 1882 defines "Trust as an obligation annexed
ownership ... condition, trusts are created by a
Settlor and the settlor ought to contribute its assets/property in the Trust
called the trust property
good work
of the trust as desired by the SETTLOR in the Trust Deed dated 7th
May 1976 as it was an irrevocable trust ... jurisdiction, unfit or personally incapable to act in the trust, or accepts an inconsistent trust, a new trustee may
be appointed in his place
whereupon the petitioner has placed on record an Indenture of
Trust dated 14.09.2020 („Trust Deed‟ for short) relating to an entity
called „Welspun One Warehousing ... Trust Deed as „Trustee‟)and
Welspun One Logistics Parks Private Limited (described in the
Trust Deed and the Investment Management Agreement as
„Settlor‟ and „Investment
