Asha Mukesh Mehta and Anr. v. -
Case brief
What is this about?
The High Court appointed the petitioners, minor's grand-aunts, as guardians. The court restricted withdrawal of principal amounts from investments but permitted use of interest/dividends for the minor's maintenance and education, granting limited license rights over her immovable properties.
What did the court decide?
Petitioners appointed guardians; restricted from redeeming bonds/withdrawing principal but allowed to withdraw interest/dividends for minor's maintenance and create 5-year licenses on immovable proper