FAZALBHOY CURRIMBHOY ETC. vs OFFICIAL TRUSTEE OF MAHARASHTRA & ORS., ETC.

The Supreme Court examined the implications of the Sir Currimbhoy Ebrahim Baronetcy (Repealing and Distribution of Trust Properties) Act, 1959, particularly Section 7(4), which addresses the vesting of trust properties in the Official Trustee. The Court held that the beneficial interest of the Fourth Baronet in the trust properties ceased upon the extinction of the trust, thus ruling that the Custodian of Evacuee Property was not entitled to the share of the Fourth Baronet. The judgment clarified the effects of the Repealing Act on previously vested interests in trust properties.