- Flynote
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Breach of fiduciary duty by trustee – trustee acquiring property from trust – concealing from other trustees existence of an opportunity to sell property to third party at a profit – trustee nominating company owned or controlled by him to acquire property – company reselling property at a profit – allegation that company knowingly participated in trustee's breach of trust is an allegation that company acted wrongfully – pleading not excipiable
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Cited documents 7
Judgment 5
Legislation 2
1. | Companies Act, 2008 | 1909 citations |
2. | Financial Institutions (Protection of Funds) Act, 2001 | 81 citations |