Sponsor and the
Asset Management Company" (Ref: Pg. 7)
II. The Trustee Company has exclusive
ownership of the assets of the Schemes ... Trust Property and incurred for
the same (including remuneration of the Trustee
Company and the AMC)..." (Ref.: Pg. 20)
(o) "Take into
undertake the duties of an
executor or administrator of estates,
trustee of wills and settlements and of
trust deeds or other instruments
Company Appeals ... other securities, and to
act as and undertake the duties of
custodian trustee for pension, benevolent
or other funds, and as manager or director
Bank Guarantees to its lender agent or Security Trustee with prior written
notice to the Bank. The Ld. Counsel placed reliance on Clause ... Trustee along with the Agreement, with prior written
notice to the Bank. Upon such assignment, MEL's
lenders, their agent or security trustee shall
Cyrus Investments Pvt. Ltd. & Anr vs Tata Sons Ltd. & Ors on 18 December
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provide for appointment of a trustee or
agent to act as authorised representative for all the
financial creditors, such trustee or agent shall ... financial creditor
to the extent of his voting share.
(6-B) The remuneration payable to the authorised representative--
(i) under clauses
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Mr P Varadarajan & Ors vs Dr. A. Jawahar Palaniappan & Anr on 18 November