Mere Name Of A Trust Can’t Be Taken As Determinative Of Its Character: SC [Read Order]

The nature of the trust should be examined, the Bench observed.The Supreme Court, in Senathi Na. Venkitasalapathi Ayyer & Sons Private Trust vs. Indhumathi, has observed that mere description or the name of a trust could not be taken as determinative of the character of the trust without examining the nature of the trust.A bench comprising Justice AK Goel and Justice UU Lalit made...