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Liability of trustee

Liability of trustee legal meaning, translation and judicial precedents.

Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)

2015 SCMR 177 SUPREME-COURT-OF-UK Judicial Precedent
Liability of trusteeScope"Breach of trust""Breach of contract""Tortious act"Distinction

Trustee's liability for breach of trust, even where the trust arose in the context of a commercial transaction which was otherwise regulated by contract, was not generally the same as a liability in damages for tort or breach of contract

Trust imposed different obligations from a contractual or tortious relationship, in the setting of a different kind of relationship

Law responded to such differences by allowing a measure of compensation for breach of trust causing loss to the trust fund which reflected the nature of the obligation breached and the relationship between the parties.

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Precedents & Case Laws citing "Liability of trustee"

PTD 1998
Tax Cases Nos.508 to 513 and (References Nos.333 to 338 of 1982, decided on 1st December, 1995.

1998 P T D 630

COMMISSIONER OF INCOME-TAX Versus VEND SURESH SANJAY TRUST and others

Court: 221 ITR 649
PTD 2006
Income Tax Appeal No.368 of 1999, decided on 6th December, 2005.

2006 P T D 460

COMMISSIONER OF INCOME TAX, COMPANIES-I, KARACHI Versus Messrs M. M. SILK MILLS LIMITED, KARACHI

Court: Karachi High Court
SCMR 2015
Decided on 5th November, 2014.

2015 S C M R 177

AIB GROUP (UK) PLC — Appellant Versus MARK REDLER & CO. SOLICITORS — Respondent

Court: Supreme Court of UK*
PTD 1972
Case Referred No. 20 of 1965, decided on 25th November 1968.

1972 P T D 193

Smt. PANKUMARI KOCHAR Versus CONTROLLER OF ESTATE DUTY, ANDHRA PRADESH

Court: Andhra Pradesh (India)
PTD 2000
Income-tax Reference No. 328 of 1984, decided on 1 0th June, 1980.

2000 P T D 2744

ADENWALLA) Versus COMMISSIONER OF INCOME-TAX

Court: 237 I T R 82
PTD 2001
Case Referred No. 173 of 1990, decided on 6th October, 1998.

2001 P T D 1899

COMMISSIONER OF WEALTH TAX Versus A.V. REDDY, TRUST B. V. HARISH REDDY and others

Court: Andhra Pradesh High Court (India)
PTD 2000
C. As. Nos. 6077 to 6080 of 1990, decided on 8th October, 1999.

2000 P T D 1953

A. V. REDDY TRUST and others Versus COMMISSIONER OF WEALTH TAX

Court: 240 I T R 409
PTD 2000
Tax Cases Nos. 190 and 191 of 1984 (References Nos. 139 and 140 of 1984), decided on 29th October, 1997.

2000 P T D 2248

COMMISSIONER OF INCOME-TAX Versus VELLORE ELECTRIC CORPORATION LTD.

Court: 235 I T R 289
PTD 1969
Income‑tax Reference No. 10 of 1961, decided on 16th August 1962.

1969 P T D 173

SIR CURRIMBHOY EBRAHIM BARONETCY TRUST Versus COMMISSIONER OF INCOME‑TAX, BOMBAY CITY I

Court: Bombay (India)
PTD 1995
Civil Appeal No. 2145 of 1978 with Civil Appeals Nos. 2147, 2148, 2151 to 2153, 2155 and 2156 of 1978, 2099, 2147 and 2148 of 1979, 63 of 1980, 2074 of 1981, 733 and 734 of 1982, 905 of 1989 and 3313 of 1990, decided on 9th May, 1994.

1995 P T D 690

COMMISSIONER OF INCOME-TAX Versus KAMALINI KHATAU

Court: 209 I T R 101