Trustees:
That the Board of Trustees shall mean and include
the First Trustees of these presents, survivor or survivors of
them and the Trustees ... Managing Trustee
c) Shri Ravindra Kumar Sah Trustee
d) Shri Suraj Kumar Sah Trustee
e) Shri Sumit Kumar Agrawal Trustee
5.5 Managing Trustee:
a) That
defendants
on 02.12.2023, also records that the Foundation has only 09 working
Trustees. Therefore, it is an admitted position between the parties that
the Foundation ... meeting was attended only by
three (03) members out of working nine (09) trustees/members,
therefore, it does not meet requirement of 2/3rd majority
counsel for the appellant that
according to Rule 9 if a trustee is working against the interest of the
Trust, the remaining trustees, by majority ... Trustee shall subject to the overall superintendence
of the Board of Trustees have the power to manage and
administer the day to day working
author of the work royalties or a share in the profits in respect of the work, the trustee is not entitled to sell, or authorise
Court constituting a special committee
to carry out the functions of the Trustee and to proceed
to wind up the Scheme in terms ... Committee is being put in place
to carry out the work of the trustees, it is noteworthy that
its composition also meets the requirements
Exchange/ Debenture
Trustee
ii. Periodic Surveillance:
Scenario Timeline - immediately but not
later than
Dissemination of Press 5 working days of Rating
Release ... immediately but
not later than
Intimation from Issuer/ 2 working days of intimation
Debenture Trustee/
Bankers of the Issuer
regarding delay in
servicing debt obligation
empowered to nominate any person as his successor to
work as Managing Trustee after his lifetime."
6. Dipak Kumar Sah claims that Chandra Kumar ... trust, as also for various other activities including
philanthropic work.
12.3. It is axiomatic that trustees hold assets of a trust not in their personal
Su-Kam Power Systems Ltd. vs Mr. Kunwer Sachdev & Anr. on 30 October, 2019
competent to interfere in the working of the
exempted establishment, except where the Board of Trustees contravenes
and defaults in complying with provisions of Section
business and stock exchanges and other stock markets and regulating the working of the stock brokers. Some of the relevant provisions are as under ... registering and regulating the working of stock brokers, sub-brokers, share transfer agents, bankers to an issue, trustees of trust deeds, registrars to an issue
