OFFICIAL TRUSTEE OF WEST BENGAL vs STEPHEN COURT LTD.

The Supreme Court interpreted Sections 25 and 26 of the Official Trustees Act, 1913 and Section 302 of the Indian Succession Act, 1925, in the context of a lease extension application by a company. The Court held that the Official Trustee, as a fiduciary, must present all relevant facts to the court but cannot unilaterally consent to lease modifications. The judgment clarified the role of the Official Trustee in managing trust property and the legal implications of lease agreements under the Succession Act, ultimately affirming the High Court's decision to entertain the application for lease extension.