<?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>1936 (11) TMI 27 - BOMBAY HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=279013</link>
    <description>Persons managing public charity properties in a fiduciary capacity, without legal title or vesting of the immovable property in them, are not trustees in the strict sense under the Indian Trusts Act; they may nevertheless be treated as fiduciaries analogous to trustees. The English exception in Cradock v. Piper was recognised as consistent with Indian law, so a solicitor-trustee, or a similar fiduciary, may recover ordinary professional costs for work done for the trust where the costs are not increased by his own participation as a party. Costs attributable to Mr. Sabnis as a defendant were excluded, and taxation on the attorney and client basis was allowed within that limit.</description>
    <language>en-us</language>
    <pubDate>Wed, 25 Nov 1936 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 28 Feb 2019 12:30:42 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=560457" rel="self" type="application/rss+xml"/>
    <item>
      <title>1936 (11) TMI 27 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=279013</link>
      <description>Persons managing public charity properties in a fiduciary capacity, without legal title or vesting of the immovable property in them, are not trustees in the strict sense under the Indian Trusts Act; they may nevertheless be treated as fiduciaries analogous to trustees. The English exception in Cradock v. Piper was recognised as consistent with Indian law, so a solicitor-trustee, or a similar fiduciary, may recover ordinary professional costs for work done for the trust where the costs are not increased by his own participation as a party. Costs attributable to Mr. Sabnis as a defendant were excluded, and taxation on the attorney and client basis was allowed within that limit.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Wed, 25 Nov 1936 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=279013</guid>
    </item>
  </channel>
</rss>