TMI BlogTrustee to execute trust.X X X X Extracts X X X X X X X X Extracts X X X X ..... sent of all the beneficiaries being competent to contract. Where the beneficiary is incompetent to contract, his consent may, for the purposes of this section, be given by a principal Civil Court of original jurisdiction. Nothing in this section shall be deemed to require a trustee to obey any direction when to do so would be impracticable, illegal or manifestly injurious to the beneficiaries. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ingly. (c) A, a trustee for B and her children, is directed by the author of the trust to lend, on B's request, trust-property to B's husband. C, on the security of his bond. C becomes insolvent and B requests A to make the loan. A may refuse to make it. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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