The Ranganayaki Memorial Trust Vs
Case brief
What is this about?
Suit permitted to sell trust property for school maintenance. Purchasers directed to deposit consideration and file memo. Suit decreed as prayed.
What did the court decide?
Property sale permitted. Purchasers directed to deposit full consideration in Trust account and file memo.
What the court decided
1
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 09.11.2018
CORAM
THE HONOURABLE MR.JUSTICE K.KALYANASUNDARAM
C.S.No.538 of 2018
- 1.The RANGANAYAKI MEMORIAL TRUST, Represented by its Managing Trustee, Mrs.Hemalata Ramamani, Wife of Sri (Late) K.R.Ramamani, 75A (Old No.105A), Dr.Radhakrishnan Salai,
- Mylapore, Chennai - 600 004.
- 2.Mrs.Asha Vijayaraghavan,
- Wife of Sri R.Vijayaraghavan,
- Trustee, The Ranganayaki Memorial Trust,
- 75A (Old No.105A), Dr.Radhakrishnan Salai, Mylapore, Chennai - 600 004.
Issues for consideration
3 issues framed by the court
Whether public trust can sell property with court permission for trust benefits.
Whether sale proceeds must be deposited in the Trust account before mutation.
Whether trust deed prohibition affects sale rights in absence of internal bar.
Parties & counsel
- petitioner
Ranganayaki Memorial Trust
- petitioner
Mrs. Hemalata Ramamani
- petitioner
Mrs. Asha Vijayaraghavan
- petitioner
Mr. Vikram Vijaya Raghavan
- petitioner
Mrs. Mridula Anand
- other
Case details
As recorded by the court registry
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