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Special trust

Matched in: Term Special trust

Bare trustee

of the title deeds may accept the conveyance from the trustee or persons deriving title under him. See ACTIVE TRUSTEE.Bare trustee, in relation to a deposit means person holding the deposit on trust for another person who

Consumer

the Directive, R (Khatun) v. Newham LBC (CA), (2004) 3 WLR 417. That in spite of the commercial activity, whether a person would fall within the definition of consumer, Kalpavruksha Charitable Trust v. Toshniwal Brothers (Bombay) Pvt.

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Commercial purpose

England, Vol. 20, para 669, p. 535. Observation of the National Commission that commercial purpose would mean 'profit-making activity on a large scale', Kalpavruksha Charitable Trust v. Toshniwal Brothers (Bombay) Pvt. Ltd., (2000) 1 SCC 512.

Active supervision

Matched in: Term Active supervision

fund

established by each state to compensate clients for losses suffered due to their attorneys' misappropriation of funds common trust fund : an in-house trust fund established by a bank trust department to pool the assets of many … union through special assessments or from general funds and used to pay striking workers or for other strike-related activities Taft-Hart·ley fund [taft-hÄ rt-lē-] [after the Taft-Hartley Act of 1947, which established it] : joint welfare fund in

Charitable purpose

any other object of general public utility without the additive words 'not involving the carrying on of any activity for profit', Additional Commissioner of Income Tax v. Surat Art Silk Cloth Manufacturers Association, Surat, (1980) 2 SCR … (1891) AC 531 (583), where four principal divisions were said to be comprised-trusts for the relief of poverty; trusts for the advancement of education; trusts for the advancement of religion; and trusts for other purposes beneficial to

Education

The process of training and developing the knowledge, skill, mind and character of students by formal schooling, Sole Trustee, Loka Shikshana Trust v. Commissioner of Income Tax, (1976) 1 SCC 254: AIR 1976 SC 10: (1976) 1 … List I, Entry 13) The context in which the term 'education' appears, does not refer to such cultural activities or recreational activities as amounting to education, Haji Ismail Valid Mohmad v. Sports Club, (1992) 1 SCC 315:

Deed

denominated 'the premises' (pr'missa) or the matters which precede. The premises should name all the parties, as well active as passive, i.e., both grantors and grantees, and set forth with certainty the thing granted, with any exceptions … lesser. Then consenting parties and covenantors. After these, those who take any estate or interest, and, amongst these, trustees follow real owners. Lastly, those who are inserted to fix them with notice of the deed, as creditors,

Covenant

with the land are express or implied covenants which touch and concernthe land and do not create an active personal obligation in connection with the land. Implied covenants relate to covenants implied in the words or nature … a covenant, for any words or form of expression which import an agreement will suffice [Re De Ros' Trust, (1885) 31 Ch D 88]. A covenant to do a thing which upon the face of it appears

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