In Brief
A group of Trustees of the Parsi Lying-in Hospital challenged the Charity Commissioner's approval of a scheme to lease hospital land to Krimson Health Ventures (KHPL) for setting up a super-specialty hospital. The High Court upheld the approval. The Supreme Court declined to decide the case on merits because KHPL had terminated the agreement during litigation, rendering it infructuous. The Court emphasized that Trustees have a fiduciary duty to act in the interest of the Trust and beneficiaries. No costs were imposed, and the appeal was disposed of with directions that any future arrangement must comply with statutory requirements and obtain Charity Commissioner approval.
The lawyer headnote and full judgment text are available to registered users.