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Home Acts & Rules Trust and Society Acts Indian Trusts Act, 1882 This

Indian Trusts Act, 1882

Section 1 : Short title, commencement.
Section 2 : Repeal of enactments.
Section 3 : Interpretation clause—"trust".
Section 4 : Lawful purpose
Section 5 : Trust of immovable property.
Section 6 : Creation of trust.
Section 7 : Who may create trusts.
Section 8 : Subject-matter of trust.
Section 9 : Who may be beneficiary.
Section 10 : Who may be trustee.
Section 11 : Trustee to execute trust.
Section 12 : Trustee to inform himself of state of trust-property.
Section 13 : Trustee to protect title to trust-property.
Section 14 : Trustee not to set up title adverse to beneficiary.
Section 15 : Care required from trustee.
Section 16 : Conversion of perishable property.
Section 17 : Trustee to be impartial.
Section 18 : Trustee to prevent waste.
Section 19 : Accounts and information.
Section 20 : Investment of trust-money.
Section 20A : Power to purchase redeemable stock at a premium.
Section 21 : Mortgage of land pledged to Government under Act 26 of 1871 - Deposit in Government savings bank.
Section 22 : Sale by trustee directed to sell within specified time.
Section 23 : Liability for breach of trust.
Section 24 : No set-off allowed to trustee.
Section 25 : Non-liability for predecessor's default.
Section 26 : Non-liability for co-trustee's defaults.
Section 27 : Several liability of co-trustees.
Section 28 : Non-liability of trustee paying without notice of transfer by beneficiary.
Section 29 : Liability of trustee where beneficiary's interest is forfeited to the Government.
Section 30 : Indemnity of trustees.
Section 31 : Right to title deed.
Section 32 : Right to reimbursement of expenses.
Section 33 : Right to indemnity from gainer by breach of trust.
Section 34 : Right to apply to court for opinion in management of trust-property.
Section 35 : Right to settlement of accounts.
Section 36 : General authority of trustee.
Section 37 : Power to sell in lots and either by public auction or private contract.
Section 38 : Power to sell under special conditions - Power to buy-in and re-sell.
Section 39 : Power to convey.
Section 40 : Power to vary investments.
Section 41 : Power to apply property of minors, etc., for their maintenance, etc.
Section 42 : Power to give receipts.
Section 43 : Power to compound, etc.
Section 44 : Power to several trustees of whom one disclaims or dies.
Section 45 : Suspension of trustee's powers by decree.
Section 46 : Trustee cannot renounce after acceptance.
Section 47 : Trustee cannot delegate.
Section 48 : Co-trustees cannot act singly.
Section 49 : Control of discretionary power.
Section 50 : Trustee may not charge for services.
Section 51 : Trustee may not use trust property for his own profit.
Section 52 : Trustee for sale or his agent may not buy.
Section 53 : Trustee may not buy beneficiary's interest without permission.
Section 54 : Co-trustees may not lend to one of themselves.
Section 55 : Rights to rents and profits.
Section 56 : Right to specific execution.
Section 57 : Right to inspect and take copies of instrument of trust, accounts, etc.
Section 58 : Right to transfer beneficial interest.
Section 59 : Right to sue for execution of trust.
Section 60 : Right to proper trustees.
Section 61 : Right to compel to any act of duty.
Section 62 : Wrongful purchase by trustee.
Section 63 : Following trust property— into the hands of third persons; into that into which it has been converted.
Section 64 : Savings of rights of certain transferees.
Section 65 : Acquisition by trustee of trust-property wrongfully converted.
Section 66 : Right in case of blended property.
Section 67 : Wrongful employment by partner-trustee of trust-property for partnership purposes.
Section 68 : Liability of beneficiary joining in breach of trust.
Section 69 : Rights and liabilities of beneficiary's transferee.
Section 70 : Office how vacated.
Section 71 : Discharge of trustee.
Section 72 : Petition to be discharged from trust.
Section 73 : Appointment of new trustees on death, etc.
Section 74 : Appointment by Court.
Section 75 : Vesting of trust-property in new trustees.
Section 76 : Survival of trust.
Section 77 : Trust how extinguished.
Section 78 : Revocation of trust.
Section 79 : Revocation not to defeat what trustees have duly done.
Section 80 : Where obligation in nature of trust is created.
Section 81 : Where it does not appear that transferor intended to dispose of beneficial interest.
Section 82 : Transfer to one for consideration paid by another.
Section 83 : Trust incapable of execution or executed without exhausting trust-property.
Section 84 : Transfer for Illegal purpose.
Section 85 : Bequest for illegal purpose.
Section 86 : Transfer pursuant to rescindable contract.
Section 87 : Debtor becoming creditor's representative.
Section 88 : Advantage gained by fiduciary.
Section 89 : Advantage gained by exercise of undue Influence.
Section 90 : Advantage gained by qualified owner.
Section 91 : Property acquired with notice of existing contract.
Section 92 : Purchase by person contracting to buy property to be held on trust.
Section 93 : Advantage secretly gained by one of several compounding creditors.
Section 94 : Constructive trusts in cases not expressly provided for.
Section 95 : Obligor's duties, liabilities and disabilities.
Section 96 : Saving of rights of bona fide purchasers.
 
 
 
 
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