https://www.taxtmi.com/caselaws?id=111239 The Supreme Court addressed the interpretation of Sections 34 and 83 of the Indian Trusts Act, 1882, in a case involving the fate of surplus funds after trust fulfillment. The majority opinion held that Section 34 did not allow adjudication of disputed factual questions regarding surplus funds, dismissing the appeal. In contrast, the dissenting opinion favored returning surplus funds to the company under Section 83, suggesting the use of constitutional powers. Due to this disagreement, the matter was referred to a larger bench for further consideration. en-us Tue, 13 Mar 2007 00:00:00 +0530 Fri, 16 Aug 2013 13:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111239 The Supreme Court addressed the interpretation of Sections 34 and 83 of the Indian Trusts Act, 1882, in a case involving the fate of surplus funds after trust fulfillment. The majority opinion held that Section 34 did not allow adjudication of disputed factual questions regarding surplus funds, dismissing the appeal. In contrast, the dissenting opinion favored returning surplus funds to the company under Section 83, suggesting the use of constitutional powers. Due to this disagreement, the matter was referred to a larger bench for further consideration. Case-Laws Companies Law Tue, 13 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111239