#Section 36(2)

Bombay High Court rules that revocation of a trust property sanction under Section 36(2) of the Maharashtra Public Trusts Act demands clear proof of fraud, not mere irregularities or disagreements. The judgment reinforces the high threshold for interference in trust property transactions, protecting trustees from arbitrary revocation.

Punjab & Haryana HC rules that under Section 36(2) of the Arbitration and Conciliation Act, 1996, withdrawal of 50% of an arbitral award requires a bank guarantee as security. The court clarifies that unconditional release is impermissible, reinforcing creditor protection in execution proceedings.