Del. HC Directs Dept. to Remove Demands From ITBA Portal as it Fails to Comply with ITAT's Order  ||  Cal. HC: To Prevent Arbitral Awards from Becoming Meaningless They Should be Made Real  ||  Raj HC: Cognizance Can be Taken by Sessions Court Against Accused Who Haven’t Yet Been Chargesheeted  ||  SC: In Absence of Special Court for UAPA Cases, Sessions Court Will Have Jurisdiction to Try them  ||  Del HC: Delhi Govt. Directed to Implement Immediate Measures to Optimize Med. Resources in Hospitals  ||  Mad. HC: Can’t Absolve Assessee of Responsibility as Registered Person to Monitor GST Portal  ||  Del HC: Invoking Penalty Proc. Based on NFAC’s Own Failure to Lodge Claim Can’t be Sustained by them  ||  Del HC: Delhi Govt. Directed to Implement Immediate Measures to Optimize Med. Resources in Hospitals  ||  Supreme Court: Strict Penalties Required for Official Misconduct During Elections  ||  SC: Employee Getting Terminated Without Disciplinary Enquiry Violates Principles of Natural Justice    

Search Results for Tag : Trustee

News

Allahabad HC Directs UP Advocates' Welfare Fund Trustees Committee to Take Loan(20.05.2020)

Allahabad High Court has directed the Trustees Committee, constituted under the Uttar Pradesh Advocates Welfare Fund Act, 1974, to take a loan in case.....

Tags : Allahabad High Court, UP Advocates' Welfare Fund Trustees Committee



SC: Interim Orders Restraining IDBI Trusteeship from Selling Future Retails Shares to Continue(20.04.2020)

Supreme Court has directed that the ad-interim protection granted to Future Retail by Bombay High Court, wherein it restrained IDBI Trusteeship and UB.....

Tags : Supreme Court, IDBI Trusteeship



Kerala HC: Active Politicians Can't be Temple Trustees(22.02.2023)

Kerala High Court has held that a person actively involved in politics, whether or not holding an official post, is not eligible to be appointed as a .....

Tags : Kerala High Court, Temple Trustee, Politics



Supreme Court Reserves Verdict on Plea Seeking Bail Cancellation to Ryan Group Trustees(07.12.2017)

Supreme Court has reserved its verdict on a plea of the father of 7-year old boy, who was found dead in a Gurugram school, seeking cancellation of the.....

Tags : Supreme Court, Ryan Group Trustees



Judgments

Sri Aurobindo Ashram trustees granted reprieve(05.01.2016)

The Supreme Court des[s]erted the Respondents in their quest to chastise Sri Aurobindo Ashram and its administrators for not condemning a book purport.....

Tags : Aurobindo ashram, trustees, maladministration, biography



DRT has no jurisdiction to hear un-appointed debenture trustee(07.03.2016)

In a claim for recovery made by a debenture trustee of debentures of a company on behalf of or for the benefit of the debenture holders, the Debt Reco.....

Tags : Debenture trustee, tribunal, debt recovery



Statute

Indian Trusts (Amendment) Bill, 2015(13.08.2015)

The Bill, introduced in the Lok Sabha, makes amendments to the Indian Trusts Act, 1882. The Bill suggests changes to update the Act, 1882 by removing .....

Tags : trusts, autonomy, trustee, bill



Notifications & Circulars

Clarification for submission of NOC from the lending scheduled commercial banks/ financial institutions/ debenture trustee(03.01.2022)

1. SEBI vide Circular No. SEBI/HO/CFD/DIL1/CIR/P/2020/249 dated November 16, 2021 and Circular No. SEBI/HO/CFD/DIL2/CIR/P/2021/659 dated November 18, .....

Tags : Clarification, NOC, Debenture trustee



PFRDA notifies amendments to Trustee Bank (TB) and Central Recordkeeping Agency (CRA) Regulations(22.02.2024)

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the Trustee Bank (TB) (Amendment) Regulations, 2023 and the Central Recordk.....

Tags : Amendments, Trustee Bank, Regulations



International Cases

Mere conflict amongst trustees themselves is not a sufficient reason for the removal of a trustee at the suit of another(23.10.2020)

Present appeal concerns the removal of the Appellant, Mr Warren Fletcher, as a trustee of the McNair Family Trust (the Trust) at the instance of the R.....

Tags : Trustee, Removal, Validity



A trustee has a fiduciary duty to act with due care and diligence in administering property on behalf of another(06.01.2021)

The appeal has its genesis in an urgent application in the High Court, launched by the Appellant. The main relief sought was the removal of Mr. Fronem.....

Tags : Misconduct, Trustees, Removal



The Trustee has an express power to vary the trusts created(24.06.2022)

By an originating motion filed on 17 May 2022, the Trustee seeks a direction from the court pursuant to Section 92 of the Trustees Act, 1962 (WA), tha.....

Tags : Power, Trustee, Creation



Natural as well as juristic persons may hold member’s interests as a trustee, but only in certain circumstances(07.12.2022)

Present appeal is related to the application and interpretation of Sections 29(1) and 29(1A) of the Close Corporation Act, 1984 in the event where a f.....

Tags : Trustees, Juristic persons, Interest



When a corporate trustee enters into external administration, the company's right of indemnity and accompanying equitable lien over the assets of the trust survives the appointment(18.01.2023)

The Plaintiffs, Kimberley Stuart Wallman and Gregory Paul Quin (collectively, the Liquidators) are the liquidators of Goldeagle Nominees Pty Ltd (Gold.....

Tags : Corporate trustee, Right of indemnity,



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