Draft a Specimen Deed of Revocation of a Public Charitable Trust named Devtulya Vriddha Seva Samiti Ashram (Regd.), Gwalior (M.P.) for failure to settle debts. (Assume necessary data).

CS Professional · Drafting, Appearances and Pleadings · PYQS · December 2021
Draft a Specimen Deed of Revocation of a Public Charitable Trust named Devtulya Vriddha Seva Samiti Ashram (Regd.), Gwalior (M.P.) for failure to settle debts. (Assume necessary data).

Answer & Explanation:

Answer 3(d) This Deed is made and entered on the............day of............2021 by AB. (hereinafter called 'the Settlor') of the one part and CD etc. (hereinafter called "the trustee" of the other part). WHEREAS by a deed of trust dated............the Settlor transferred him the property specified therein to the Trustee upon trust to sell the same and with the proceeds of the sale to pay the debt due from the settlor to the several creditors named in the said deed; AND WHEREAS the Trust created as aforesaid has not yet been communicated to any of the aforesaid creditors; AND WHEREAS the settlor now desires to revoke the said trust and to make other arrangements for the discharge of his aforesaid debts; NOW THIS DEED WITNESSES that the Settlor hereby revoken the trust created by the aforesaid deed of trust. IN WITNESS WHEREOF, parties have signed this Deed on the............day of............20.... (Settlor) (Trustee) In the presence of :

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