Question
A suit in respect of Public Charities is provided
under:ÂSolution
S. 92. Public charities.— (1) In the case of any alleged breach of any express or constructive trust created for public purposes of a charitable or religious nature, or where the direction of the Court is deemed necessary for the administration of any such trust, the Advocate-General, or two or more persons having an interest in the trust and having obtained the leave of the Court, may institute a suit, whether contentious or not, in the principal Civil Court of original jurisdiction or in any other Court empowered in that behalf by the State Government within the local limits of whose jurisdiction the whole or any part of the subject-matter of the trust is situate to obtain a decree :— (a) removing any trustee; (b) appointing a new trustee; (c) vesting any property in a trustee; (cc) directing a trustee who has been removed or a person who has ceased to be a trustee, to deliver possession of any trust property in his possession to the person entitled to the possession of such property; (d) directing accounts and inquiries; (e) declaring what proportion of the trust property or of the interest therein shall be allocated to any particular object of the trust; (f) authorizing the whole or any part of the trust property to be let, sold, mortgaged or exchanged; (g) settling a scheme; or (h) granting such further or other relief as the nature of the case may require.
Under the IBC, which of the following is NOT a condition for MSMEs to qualify for insolvency resolution?
Which of the following is not a subsidiary/associate company of SIDBI? Â
Which of the following is most likely to identify stocks with high earnings growth rates?
Which of the following actions is most likely to enhance the effectiveness of delegation in an organization?
Consider the following statements about ‘India's infrastructure journey’:
1.India's infrastructure journey has been domestic in outlook and i...
In India, a Peer-to-Peer (P2P) lending company is required to be registered as a/an ______ with the Reserve Bank of India (RBI).
Which of the following methods for calculating the Maximum Permissible Bank Finance (MPBF) considers the permanent level of current assets, also known a...
Consider the following statement regarding the Confederation of Real Estate Developers' Associations of India's (CREDAI) partnership with the Alliance f...
The credit risk free instruments issued by RBI on behalf of government of India in lieu of government’s market bearing programme are known as?
According to GFCI 38, which of the following statements is correct?