Sole Trustee Loka Shikshana Turst vs Commissioner Of Income Tax, Mysore on 28 August, 1975
Equivalent citations ... connection with his duties as a Trustee
including travelling and other expenses.
18. The original Trustee or other Trustees shall
not be responsible
appointment of a new trustee, the number of trustees may be increased. The Official Trustee may, with his consent and by the order ... case in which only one trustee is to be appointed and such trustee is to be the sole trustee. The provisions of this section relative
Trusts Act, 1882
10. Who may be trustee.
- Every person capable of holding property may be a trustee; but, where the trust involves the exercise ... property in the other or others, and makes him or them sole trustee or trustees from the date of the creation of the trust. Illustrations
trustee.
- Property passing on the death of the deceased shall not be deemed to include property held by the deceased as trustee for another person ... that in the case of property held by the deceased as sole trustee for another person under a disposition made by himself, the period shall
conferred by this section on two or more trustees acting together may be exercised by a sole ... acting trustee when by the instrument of trust, if any, a sole trustee is authorized to execute the trusts and powers thereof. This section applies
Commissioner Of Income-Tax, Mysore vs Sole Trustee, Loka Shikshana Trust on 12 February, 1970
Equivalent citations: (1970)1MYSLJ
JUDGMENT
Govinda Bhat, J.
1. This
made thereunder, the Official Trustee may, if he thinks fit, (a) act as an ordinary trustee; (b) be appointed trustee by a Court of competent ... deceased person, unless he is expressly appointed sole executor of, and sole trustee under, the will of such person. (7) The Official Trustee shall always
that mode of succession would be hereditary. He was declared as sole trustee of the above mentioned Trust which was registered ... appellant Arjun, who is the son of deceased Kisan became the sole trustee as per change report bearing No.247/1963.
4. There
Kamakshi Bai by name as a single individual or sole trustee and that the endowments were therefore not capable of being made the subject ... institution was obviously opposed to the principle of management by a sole trustee. In Mayne's Hindu Law, paragraph 439, it is stated that
Commissioner Of Income Tax, Mysore, ... vs The Sole Trustee Lok Shikshan Trust, ... on 12 February, 1970
Equivalent citations: AIR1970KANT285, AIR1970MYS285, [1970]77ITR61(KAR), [1970]77ITR61
