Revocation of Sanction Under Maharashtra Public Trusts Act Permissible Only Upon Proof of Fraud: Bombay High Court

In a significant judgment concerning trust property transactions, the Bombay High Court has clarified the scope of powers available under Section 36(2) Of The Maharashtra Public Trusts Act. The Court held that a sanction granted for transfer of trust property cannot be revoked merely because another view on the transaction is possible. Revocation can be ordered only when there is clear proof that the sanction was obtained through Fraud, Misrepresentation…