https://www.taxtmi.com/caselaws?id=170968 A transfer deed concerning a charitable endowment was construed as conveying not only the property but also the right to manage and conduct the charity, because the document treated the bargain as an entire transaction and expressly negatived any continuing claim by the transferor. The purported sale of the office of trustee for consideration was held invalid, as trusteeship in a charitable or religious endowment is not freely alienable and cannot be transferred for personal benefit. Suits relating to trust property were also held not maintainable without all co-trustees or their representatives on record, and a de facto trustee was found to have no enforceable locus standi by merely assuming office. en-us Fri, 06 May 1938 00:00:00 +0530 Mon, 06 Jul 2015 11:21:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170968 A transfer deed concerning a charitable endowment was construed as conveying not only the property but also the right to manage and conduct the charity, because the document treated the bargain as an entire transaction and expressly negatived any continuing claim by the transferor. The purported sale of the office of trustee for consideration was held invalid, as trusteeship in a charitable or religious endowment is not freely alienable and cannot be transferred for personal benefit. Suits relating to trust property were also held not maintainable without all co-trustees or their representatives on record, and a de facto trustee was found to have no enforceable locus standi by merely assuming office. Case-Laws Indian Laws Fri, 06 May 1938 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170968