1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O. O. C. J. Misc. Petition No.6 of 2008 Tanishka Soni Trust, through its trustee Bhavna Bharat Soni. .. .. Petitioner v/s. Tanishka Soni, minor through father Bharat Soni .. ..Respondent Mr.Rajesh Gehani for petitioner. ---- CORAM : SMT.ROSHAN DALVI, J. Dated : 5 th May 2008 P.C. : 1. The petitioner- Trust has applied through its trustees for sale of the property gifted to the Trust for the benefit of the minor child Tanishka Soni, 9 years old. They desire to sell the property as the trustees who are his mother and grand- mother. They are proposing to settle in New Delhi. Hence, they propose to sell the property in Mumbai and purchase another property in New Delhi for about the same price. The petitioner has produced a ready reckoner of 2008 issued by the Stamp Office, Mumbai, showing the prices in the area where the property is situate. The highest price for residential property is shown to be R.1 Lac per sq. meter. The petitioner desires to sell the property at a value not less than Rs.1 Lac per sq. meter. It is seen that CTS number 2 where the actual property is situate, shows the lesser value. Hence, the sale would be in the interest of the minor child if the property is sold at- least for Rs.1 Lac per sq. meter. 2. The petitioner seeks to purchase an immovable property in New Delhi from the proceeds of the sale of their property. The petitioner offers to purchase that property also in the name of the same Trust and for the benefit of the same minor child. The petitioner is given permission to sell the property in Mumbai at not less than Rs.1 Lac per sq. meter and to purchase the property in New Delhi from the proceeds which shall be for the benefit of the minor child. If the property to be purchased in New Delhi would be of a higher value, the petitioner shall pay the value personally. If the property to be purchased in New Delhi would be of a lesser value, the petitioner shall deposit the balance amount remaining with the trust from the sale of the property in Mumbai either in another immovable property or in a FDR of any Nationalised Bank. 3. The Petition is disposed of accordingly. [SMT.ROSHAN DALVI, J.]