Hon’ble Supreme Court in the case of CIT (Exemption) V/s Batanagar Education and Research Trust orders that cancellation of registration of trust is justified if trust misuses the certificate by receiving bogus donations. Full text of the SC Order:- 1. This appeal challenges the judgment and order dated 09-10-2018 passed by the High Court at
Insolvency and Bankruptcy Board of India 7 th Floor, Mayur Bhawan, Connaught Place, New Delhi -110001 14th April, 2021 Subject: Judgment dated 13th April 2021 of the Hon’ble Supreme Court of India in the matter of Ghanashyam Mishra and Sons Private Limited through the Authorized Signatory Vs. Edelweiss Asset Reconstruction Company Limited through the Director