Quick Summary: The Madras High Court has allowed the Bhagwan Shree Parashuram Charitable Trust to sell its property in Chennai to help the public. The court set specific rules for the sale to make sure the trust's goals are achieved.
The Bhagwan Shree Parashuram Charitable Trust, led by Mr. Banwarlal Sharma, plans to sell some of its land in Chennai. The trust, started on November 20, 2006, focuses on projects that help people, like schools, hospitals, and libraries across India. On April 1, 2024, the trust decided to sell its property at Jeeva Nagar, Chennai, to support these goals.
Since no one opposed the plan, the court allowed the trust to file the request on August 28, 2025. The trust then published notices in Tamil and English newspapers, asking if anyone had any problems with the sale. No one objected, so the court moved forward, listening to Mr. Banwarlal Sharma and checking important documents.
On January 21, 2026, Justice P. Dhanabal decided in favor of the Bhagwan Shree Parashuram Charitable Trust. The court allowed the sale with specific rules:
Public Auction: The property must be sold through a public auction, with a starting price of ₹1,600 per square foot.
Use of Money: The money from the sale should go into the trust's account and be used only for its goals.
Sale Document: After the sale, the official sale document must be given to the court.
Bank Deposits: Any leftover money should be put in a nationalized bank, with interest withdrawals allowed every three months.
The court looked at several documents, including:
The court's decision is a big step for the Bhagwan Shree Parashuram Charitable Trust, allowing it to keep doing its good work while making sure the sale is open and honest.
