Which act shall apply?

adsuppal (Querist) 14 December 2013 This query is : Resolved
The facts are that: My client has a public charitable trust. He is the creditor of it. All the creditors want it to be dissolved so that they can compensated for their loss and liabilities. But my understanding is that Public Charitable trust is irrevocable.
How can a public charitable trust be dissolved in Delhi? Under which act can it be wound-up?
What is procedure for winding-up?

thanks

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ajay sethi (Expert) 14 December 2013
contact a delhi lawyer . if there is no public trust act then general principles of indian trust act will apply

Rajendra K Goyal (Expert) 14 December 2013
Refer the bye laws and trust act for process of dissolution.

Nadeem Qureshi (Expert) 14 December 2013
agree with experts

T. Kalaiselvan, Advocate Online

(Expert) 14 December 2013
Yes, the bye laws of the Trust will provide you with the course of action to be taken under such circumstance.

prabhakar singh (Expert) 15 December 2013
Ambiguity exists in the query and appropriate answer can not be given
without knowing about all relevant facts.
The author ,though a professional does not know how and with what facts a query should be asked.
Extremely Sorry if i hurt the author but truth is truth.

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