provisions of the Bombay Public Trusts Act and the general principles of law relating to trusts. The settlor could not legally direct to give ... power to retransfer the trust properties or to reassume the trust properties for the settlor himself personally. Clause 12(e) relates to framing of schemes
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
discharge the obligations referred to in the
trust deed. Under clause (1) of the trust deed, the settlor
directed the trustee to retain with ... clause
(b) of the trust deed as substituted by the trust deed dated
April 28, 1950. The settlor died sometime in 1952 and since
then
protecting the interest of the trust.
10. The net income of trust and/or the trust fund that shall remain after so discharging meeting ... power to retransfer the trust properties or to reassume the trust properties for the settlor himself personally. Clause 12(e) relates to framing of schemes
trust it was, inter alia, provided as follows :-
(a) The trustees shall pay the net income of the trust property to the settlor ... trust, under the terms of which the dividends, interest and income of the trust were in the first instance payable to the settlor
schedules to the said trust were settled on trust. Under the said term, during the lifetime of the settlor and his wife, Sm. Purnasashi Dassi ... trust was executed which provided that the trustees shall hold the trust properties in the 3rd and 4th schedules of the deed of trust dated
deed of trust. "The trust fund" under the interpretation clause I in the deed of trust means the cash amount ... that the trust is illusory or fraudulent, the trust deed must be allowed to operate in the manner contemplated by the settlor. It is true
concerning the same, that is to :--
1. This trust shall be called "UMAID CHARITABLE TRUST".
2. The trustees shall hold the said ... objects of the trust with the powers conferred on the trustees. The opening part of the trust says that " the settlor is desirous
settlors and after the death of the settlors with the consent of the nominees of the settlors as hereinafter appointed."
This trust deed ... person who is a member of the settlors family or who is interested in the settlors in the any manner. We have considered that
before the death, this was one of the objects of discretionary trust under which
he could receive the whole income but after the death ... tenant in tail in possession attached on discretionary trust changed, a change which was occasioned by the death. Such a controversy has not arisen