WebTHE INDIAN TRUSTS ACT, 1882. 1* ACT No. 2 OF 1882 [13th January, 1882.] An Act to define and amend the law relating to Private Trusts and Trustees. Preamble. … WebIndian Trusts Act, 1882 is a law in India relating to private trusts and trustees. The Act defines what would lawfully be called as a trust and who can legally be its trustees and provides a definition for them. The Indian Trusts Amendment Bill of 2015 amended the Act and removed some restrictions on investment of the monetary assets by the ...
Public Trusts and (State) Endowments/Trusts Acts
http://www.bareactslive.com/ACA/ACT091.HTM Web10 aug. 2016 · Under Section 3 of The Indian Trusts Act, 1882, ‘A “trust” is an obligation annexed to the ownership of the property, and arising out of confidence reposed in and accepted by the owner, or declared and accepted by him, for the behalf of another, or of another and the owner.’ screen record accessibility
THE INDIAN TRUSTS ACT, 1882 ARRANGEMENT OF SECTIONS
WebTHE INDIAN TRUSTS ACT, 1882. 1* ACT No. 2 OF 1882 [13th January, 1882.] An Act to define and amend the law relating to Private Trusts and Trustees. Preamble.-WHEREAS it is expedient to define and amend the law relating to Preamble. private trusts and trustees; It is hereby enacted as follows:-CHAPTER I PRELIMINARY. Short title. WebInvestment 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 instrument of trust) to invest the money on the following securities and on no others:— Web16 okt. 2008 · Amendment to Section 20 of the Indian Trusts Act, 1882 (2 of 1882) which relates to investment of trust money has been approved by the Cabinet today. A Bill will be introduced in the ensuing Session of Parliament. screen record ableton