Two Decades Too Late: High Court Upholds Rejection of Stale Trust Property Sale Extension.
07 April 2025
Wills/Trusts >> Family Law
The petitioner, a registered Public Trust, sought to challenge the Joint Charity Commissioner's order that rejected their application for an extension to finalize a sale agreement with respondent No. 5, a transaction initially approved under Section 36(1)(a) of the Maharashtra Public Trusts Act, 1950. The Trust had sought permission to sell a substantial piece of land in Kolhapur, citing its idle status, lack of income generation, and vulnerability to encroachments. Following a public advertisement in 1989, respondent No. 5 emerged as the highest bidder, and the Charity Commissioner granted permission for the sale in 2001 for a consideration of ?2,63,97,300, stipulating that the sale deed be executed within one year, i.e., by February 6, 2002.
The Trust attributed the delay in executing the sale deed to procedural and legal hurdles, including title investigation and securing necessary approvals, such as land conversion for residential purposes granted in 2007 and the rectification of land tenure by the Collector in 2010, with corresponding revenue record entries made in 2011.
Interestingly, the court noted that despite the lapse of the initial deadline, respondent No. 5 had proceeded to create third-party rights over a portion of the land in favor of another trust. Subsequently, a settlement agreement in 2019 involved a third private trust (respondent No. 3) agreeing to pay the government-determined land price to the petitioner as a nominee of respondent No. 5, along with an additional payment and transfer of built-up area from respondent No. 5 to respondent No. 3.
The petitioner's counsel argued that the Joint Charity Commissioner had failed to properly consider the willingness of respondent No. 3 to pay the government-determined price, as directed by the High Court in the remand order. He contended that no further action was required from the petitioner and that the extension should have been granted.
The court heavily relied on the Supreme Court's landmark judgments in Chenchu Rami Reddy and Another v. Government of Andhra Pradesh and Mehrwan Homi Irani v. Charity Commissioner, Bombay & Others, which strongly advocate for the protection of public trust properties and emphasize the need for transparency and securing the best possible price, preferably through public auction rather than private negotiations.
The High Court explicitly stated that the time-bound condition imposed in the original permission order was not a mere formality but a crucial element to protect the Trust from potential undervaluation in a fluctuating market. The failure to adhere to this timeline, coupled with the significant lapse of time, warranted a reassessment of the transaction.
This judgment serves as a strong reminder of the judiciary's commitment to safeguarding the assets of public trusts and ensuring that any disposal of such properties adheres to principles of fairness, transparency, and maximization of benefit for the beneficiaries, particularly in the context of significant delays and changing market dynamics.
Section 36, MAHARASHTRA PUBLIC TRUSTS ACT - 1950
Section 36A, MAHARASHTRA PUBLIC TRUSTS ACT - 1950
MAHARASHTRA PUBLIC TRUSTS ACT, 1950