Indian Trust act, 1882

Beneficiary is the person for whose benefit the trust is made. A beneficiary is also known as cesstui que trust, i.e., the person who gets the benefit from the trust. Under the Indian Trusts Act, 1882, there are various rights, liabilities, and remedies available to the beneficiary, which are discussed below. Table of Contents Rights […]

Table of Contents Appointment of Trustee Appointment by Courts Removal of Trustee Rights of Trustee Duties of Trustee Powers of Trustee Disabilities of Trustee Liability of Trustee Discharge of Trustee Petition for Discharge APPOINTMENT OF TRUSTEE Section 10 of the Indian Trust Act provides that: “A person who is capable to hold the property can

Table of Contents Introduction Section 3 – Interpretation Clause Purpose of Trust (Section 4) Section 5 – Immovable and Movable Trust Creation of Trust (Section 6) Who May Create the Trust (Section 7) Subject of Trust (Section 8) Who May Be Beneficiary (Section 9) Who May Be a Trustee (Section 10) Difference Between Trust and