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Indian Trusts Act, 1882

Section - 83 - Trust incapable of execution or executed without exhausting trust-property

Trust incapable of execution or executed without exhausting trust-property.

83. Where a trust is incapable of being executed, or where the trust is completely executed without exhausting the trust-property, the trustee, in the absence of a direction to the contrary, must hold the trust-property, or so much thereof as is unexhausted, for the benefit of the author of the trust or his legal representative.

Illustrations

(a)- A conveys certain land to B-
-"upon trust," and no trust is declared; or
-"upon trust to be thereafter declared," and no such declaration is ever made; or
-upon trusts that are to vague to be executed; or
-.... To read the full section download the app from Google Play store
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