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<h1>Deposited Amount Not Trust Money: Court Rules Against Petitioners</h1> The court held that the deposited amount was not trust money but a simple deposit, ruling against the petitioners' claim. - AIR 1937 Lah 444 - The petitioners deposited Rs. 2,600 with Lorind Chand and Sons as security for their duties. Gurdas Mal, a partner, became insolvent, and the petitioners claimed the amount as trust money. The court ruled the money was not trust money but a simple deposit, dismissing the petition. (Case citation: 1936 (11) TMI 30 - HIGH COURT OF LAHORE)