Indian Trusts Act, 1882
Section - 60 - Right to proper trustees
Right to proper trustees.
60. The beneficiary has right (subject to the provisions of the instrument of trust) that the trust-property shall be properly protected and held and administered by proper persons and by a proper number of such persons.
Explanation I : The following are not proper persons within the meaning of this section :-
A person domiciled abroad: an alien enemy: a person having an interest inconsistent with that of the beneficiary: a person in insolvent circumstances; and, unless the personal law of the beneficiary allows otherwise, a married woman and a minor.
Explanation II : When the administration of the trust involves the receipt and custody of money, the number of trustees should be two at least.
Illustrations
| (a) | - | A, one of several beneficiaries, proves that B, the trustee, has improperly disposed of part of the trust-property, or that the property is in danger from B's being in insolvent circumstances, or that he is incapacitated from acting as trustee. A may obtain a receiver of the trust-property. |
| (b) | - | A bequeaths certain jewels to B in trust for C. B dies during A's lifetime; then A dies; C is entitled to have the property conveyed to a trustee for him. |
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24 June 2026
ARTICLE ASSISTANTBHUPINDER SHAH AND COMPANY New Delhi CA Inter View Details |
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