1990 (7) TMI 104

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the Tribunal is : "Whether, on the facts and in the circumstances of the case and having regard to the provisions of the Royal Family (Baroda) Trust Fund (Repealing) Act, 1956 (Bombay Act No. IV of 1957), the Tribunal was right in holding that the inclusion of the value of 1/6th share in the trust fund held under the Bombay Act No. IV of 1957, to the extent of Rs. 10,55,582 in the principal val .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... pt with the consent of their mother, Princess Shrimati Kamaladevi, and of His Highness the Maharaja Fatesinhrao Gaekwar." Section 9(2) : "After March 31, 1957, and until each part of the trust fund including the proceeds of the trust fund has been transferred in accordance with the provisions of section 7, the official trustee shall hold each such part on trust for the respective beneficiaries .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ntroller while the Tribunal, for the reasons given in paragraphs 7 and 8 of the judgment, held that that part of the trust fund had not vested in the deceased and was, therefore, not includible. We would like to make it clear that the only question referred to this court by the Tribunal is whether the inclusion of the value of 1/6th share in the trust fund in terms of the aforesaid Act is or is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X