<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>1962 (3) TMI 95 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=178979</link>
    <description>SC held that a licence under section 60(b) of the Indian Easements Act cannot be invoked beyond the purpose for which it was granted, and revocation follows where that purpose is abandoned or becomes impracticable. The appellant had permission only to construct a building and transfer it as trust property, not to create a different trust or convert the trust into a tenant of the company&#039;s land, so the plea of irrevocable licence failed. The Court also held that a director in a fiduciary position cannot unilaterally alter the agreed arrangement and prejudice the company&#039;s property rights. The self-created trust and tenancy deed was therefore ineffective, and the company remained entitled to recover possession.</description>
    <language>en-us</language>
    <pubDate>Tue, 27 Mar 1962 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 17 Feb 2016 12:36:05 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=416734" rel="self" type="application/rss+xml"/>
    <item>
      <title>1962 (3) TMI 95 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=178979</link>
      <description>SC held that a licence under section 60(b) of the Indian Easements Act cannot be invoked beyond the purpose for which it was granted, and revocation follows where that purpose is abandoned or becomes impracticable. The appellant had permission only to construct a building and transfer it as trust property, not to create a different trust or convert the trust into a tenant of the company&#039;s land, so the plea of irrevocable licence failed. The Court also held that a director in a fiduciary position cannot unilaterally alter the agreed arrangement and prejudice the company&#039;s property rights. The self-created trust and tenancy deed was therefore ineffective, and the company remained entitled to recover possession.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Tue, 27 Mar 1962 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=178979</guid>
    </item>
  </channel>
</rss>