Web20 Dec 2024 · By Legal Thirst. December 20, 2024. 0. Disqualification of Trustee under Indian Trust Act, 1882. Under the Indian Trust Act, 1882, a trustee is a person who is responsible for managing and administering … WebNo trust in relation to movable property is valid unless declared as aforesaid, or unless the ownership of the property is transferred to the trustee. The. se rules do not apply where they would operate so as to effectuate a fraud. 6. Creation of trust - Subject to the provisions of Section 5, a trust is created
Bare act - CCU University - THE INDIAN PENAL CODE ...
WebFor section 20 of the Indian Trusts Act, 1882 (hereinafter referred to as the principal Act), the following section shall be substituted, namely:— ‘20. Where the trust-property consists of money and cannot be applied immediately or at an early date to the purposes of the trust, the trustee shall, subject to WebWhere the trust-property consists of money and cannot be applied immediately or at an early date to the purposes of the trust, the trustee is bound (subject to any direction contained in the instrument of trust) to invest the money on the following securities, and on no others:-. (a) In promissory notes, debentures, stock or other securities of ... f2a68hm
Duties of Trustee - Indian Trust Act, 1882 - YouTube
WebFor section 20 of the Indian Trusts Act, 1882 (hereinafter referred to as the principal Act), the following section shall be substituted, namely:— ‘20. Where the trust-property consists … WebFor section 20 of the Indian Trusts Act, 1882 (hereinafter referred to as the principal Act), the following section shall be substituted, namely:— ‘20. Where the trust-property consists of money and cannot be applied immedi-ately or at an early date to the purposes of the trust, the trustee shall, subject to any WebSection 20 in The Indian Trusts Act, 1882 20. Investment of trust-money.—Where the trust property consists of money and cannot be applied immediately or at an early date to the purposes of the trust, the trustee is bound (subject to any direction contained in the … f2a88xm-d3h主板