Indian Kanoon > Indian Trusts Act, 1882

Indian Trusts Act, 1882

[Act No. 2 of Year 1882] An Act to define and amend the law relating to private trusts and trustees Whereas it is expedient to define and amend the law relating to private trusts and trustees; it is hereby enacted as follows: -

Section	Title
Section- 1	Section-1 Short title and commencement Chapter 1
Section- 2	Section-2 Repeal of enactments Chapter 1
Section- 3	Section-3 Interpretation clause- "trust" Chapter 1
Section- 4	Section-4 Lawful purpose Chapter 1
Section- 5	Section-5 Trust of immovable property Chapter 1
Section- 6	Section-6 Creation of trust Chapter 1
Section- 7	Section-7 Who may create trusts Chapter 1
Section- 8	Section-8 Subject matter of trust Chapter 1
Section- 9	Section-9 Who may be beneficiary Chapter 1
Section- 10	Section-10 Who may be trustee Chapter 1
Section- 11	Section-11 Trustee to execute trust Chapter 1
Section- 12	Section-12 Trustee to inform himself of state of trust-property Chapter 1
Section- 13	Section-13 Trustee to protect title to trust-property Chapter 1
Section- 14	Section-14 Trustee not to set up title adverse to beneficiary Chapter 1
Section- 15	Section-15 Care required from trustee Chapter 1
Section- 16	Section-16 Conversion of perishable property Chapter 1
Section- 17	Section-17 Trustee to be impartial Chapter 1
Section- 18	Section-18 Trustee to prevent waste Chapter 1
Section- 19	Section-19 Accounts and information Chapter 1
Section- 20	Section-20 Investment of trust-money Chapter 1
Section- 20A	Section-20A Power to purchase redeemable stock at a premium Chapter 1
Section- 21	Section-21 Mortgage of land Pledged to government under Act 26 of 1871-Deposit in government savings bank Chapter 1
Section- 22	Section-22 Sale by trustee directed to sell within specified time Chapter 1
Section- 23	Section-23 Liability for breach of trust Chapter 1
Section- 24	Section-24 No set-off allowed to trustee Chapter 1
Section- 25	Section-25 Non-liability for predecessor' default Chapter 1
Section- 26	Section-26 Non-liability for co-trustee's default Chapter 1
Section- 27	Section-27 Several liability of co-trustees Chapter 1
Section- 28	Section-28 Non-liability of trustee paying without notice of transfer by beneficiary Chapter 1
Section- 29	Section-29 Liability of trustee where beneficiary's interest is forfeited to the government Chapter 1
Section- 30	Section-30 Indemnity of trustees Chapter 1
Section- 31	Section-31 Right to title deed Chapter 1
Section- 32	Section-32 Right to reimbursement of expenses Chapter 1
Section- 33	Section-33 Right to indemnity from gainer by breach of trust Chapter 1
Section- 34	Section-34 Right to apply to court for opinion in management of trust-property Chapter 1
Section- 35	Section-35 Right to settlement of accounts Chapter 1
Section- 36	Section-36 General authority of trustee Chapter 1
Section- 37	Section-37 Power to sell in lots and either by public auction or private contract Chapter 1
Section- 38	Section-38 Power to sell under special conditions-Power to buy-in and re-sell Chapter 1
Section- 39	Section-39 Power to convey Chapter 1
Section- 40	Section-40 Power to vary investments Chapter 1
Section- 41	Section-41 Power to apply property of minors, etc. for their maintenance, etc. Chapter 1
Section- 42	Section - 42. Power to give receipts Chapter 1
Section- 43	Section - 43. Power to compound, etc. Chapter 1
Section- 44	Section - 44. Power to several trustees of whom one disclaims or dies Chapter 1
Section- 45	Section - 45. Suspension of trustee's powers by decree Chapter 1
Section- 46	Section - 46. Trustee cannot renounce after acceptance Chapter 1
Section- 47	Section - 47. Trustee cannot delegate Chapter 1
Section- 48	Section - 48. Co-trustees cannot act singly Chapter 1
Section- 49	Section - 49. Control of discretionary power Chapter 1
Section- 50	Section - 50. Trustee may not charge for services Chapter 1
Section- 51	Section - 51. Trustee may not use trust property for his own profit Chapter 1
Section- 52	Section - 52. Trustee for sale or his agent may not buy Chapter 1
Section- 53	Section - 53. Trustee may not buy beneficiary's interest without permission Chapter 1
Section- 54	Section - 54. Co-trustees may not lend to one of themselves Chapter 1
Section- 55	Section - 55. Rights to rents and profits Chapter 1
Section- 56	Section - 56. Right to specific execution Chapter 1
Section- 57	Section - 57. Right to inspect and take copies of instrument of trust, accounts, etc. Chapter 1
Section- 58	Section - 58. Right to transfer beneficial interest Chapter 1
Section- 59	Section - 59. Right to sue for execution of trust Chapter 1
Section- 60	Section - 60. Right to proper trustees Chapter 1
Section- 61	Section - 61. Right to compel to any act of duty Chapter 1
Section- 62	Section - 62. Wrongful purchase by trustee Chapter 1
Section- 63	Section - 63. Following trust property-into the hands of third persons; into that into which it has been converted Chapter 1
Section- 64	Section - 64. Saving of rights of certain transferees Chapter 1
Section- 65	Section - 65. Acquisition by trustee of trust-property wrongfully converted Chapter 1
Section- 66	Section - 66. Right in case of blended property Chapter 1
Section- 67	Section - 67. Wrongful employment by partner-trustee of trust-property for partnership purposes Chapter 1
Section- 68	Section - 68. Liability of beneficiary joining in breach of trust Chapter 1
Section- 69	Section - 69. Rights and liabilities of beneficiary's transferee Chapter 1
Section- 70	Section - 70. Office how vacated Chapter 1
Section- 71	Section - 71. Discharge of trustee Chapter 1
Section- 72	Section - 72. Petition to be discharged from trust Chapter 1
Section- 73	Section - 73. Appointment of new trustees on death, etc. Chapter 1
Section- 74	Section - 74. Appointment by court Chapter 1
Section- 75	Section - 75. Vesting of trust-property in new trustees Chapter 1
Section- 76	Section - 76. Survival of trust Chapter 1
Section- 77	Section - 77. Trust how extinguished Chapter 1
Section- 78	Section - 78. Revocation of trust Chapter 1
Section- 79	Section - 79. Revocation not to defeat what trustees have duly done Chapter 1
Section- 80	Section - 80. Where obligation in nature of trust is created Chapter 1
Section- 81	Section - 81 Where it does not appear Chapter 1
Section- 82	Section - 82 . Transfer to one for consideration paid by another Chapter 1
Section- 83	Section - 83. Trust incapable of execution or executed without exhausting trust-property Chapter 1
Section- 84	Section - 84. Transfer for illegal purpose Chapter 1
Section- 85	Section - 85. Bequest for illegal purpose Chapter 1
Section- 86	Section - 86. Transfer pursuant to rescindable contract Chapter 1
Section- 87	Section - 87. Debtor becoming creditor's representative Chapter 1
Section- 88	Section - 88. Advantage gained by fiduciary Chapter 1
Section- 89	Section - 89. Advantage gained by exercise of undue influence Chapter 1
Section- 90	Section - 90. Advantage gained by qualified owner Chapter 1
Section- 91	Section - 91. Property acquired with notice of existing contract Chapter 1
Section- 92	Section - 92. Purchase by person contracting to buy property to be held on trust Chapter 1
Section- 93	Section - 93. Advantage secretly gained by one of several compounding creditors Chapter 1
Section- 94	Section - 94. Constructive trusts in cases Chapter 1
Section- 95	Section - 95. Obligor's duties, liabilities and disabilities Chapter 1
Section- 96	Section - 96. Saving of rights of bona fide purchasers Chapter 1
Section-	THE SCHEDULE Chapter 1
Section-	Foot Notes Chapter 1

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