C.T.SELVAM
T. N. P. Muthoo Natarajan Trustee & Treasurer Tirupur Education Foundation – Appellant
Versus
P. V. Ravi Managing Trustee of M/s. Park Trust – Respondent
This Criminal Revision arises against the order of learned Judicial Magistrate, Avinashi, passed in Crl.M.P.No.4343 of 2014 on 02.07.2014.
2. Petitioner preferred a complaint before learned Judicial Magistrate, Avinashi, informing that he was the trustee and treasurer of a trust by name Tirupur Educational Foundation, which ran a polytechnic college and owned properties. He informed that the trust was formed in the year 1982 by his father, the father of the first respondent and one another. The founders, the first respondent and one another were the trustees thereof. On the expiry of the other four trustees, the Board was reconstituted and the first respondent became the Managing Trustee/Chairman, one Mr.N.Ravindran, the Trustee/Secretary, the petitioner/complainant, the trustee/treasurer and fourth accused in the complaint T.R.Karthik and S.Sarangarajan, trustees. All the funds of the trust were to be utilized only towards developing the trust. No powers had been vested even with the Managing Trustee to alienate or encumber any of the trust properties. An extent of 2.84 acres in S.F.No.203 and an extent of 7.44 acres in S.F.No.207 at Morattupalayam Village, Avinashi Tal
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