17. ‘A’ bequests certain property to ‘B’ having the fullest confidence that he will dispose of it for the benefit of ‘C’. This creates:
A. Partnership
B. Company
C. Trust
D. None of the above
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47. The trustee has no right to be reimbursed for-
(A) the expenses made by him for improvement of the property
(B) the expenses reasonably necessary to the due administration of the trust
(C) the preservation of the trust property
(D) the protection of rights of beneficiaries.
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Q.17. Discuss the following terms as referred under the Indian Trust Act,1882:
(a) Breach of Trust
(b) Lawful purpose
(c) Creation of Trust
(d) Subject of Trust
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Q.18. Discuss the law relating to extinction and revocation of a trust created under the Indian Trust Act, 1882.
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Q.4. (a) ‘A’ conveys property to ‘b’ in trust to apply the profit to use for marriage of minor girls. the trust shall be void or not? substantiate your answer with reasons.
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Q.4. (a) Discuss in short the terms “Lawful purpose”, “Trust of immovable and movable property” and the “Creation of trust” with reference to the provisions of Indian Trust Act, 1882”?
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7. Explain with the help of the relevant provisions the grounds on which a suit can be filed for framing a scheme of a mismanaged trust. 10
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