Last edited by Goltilar
Tuesday, May 19, 2020 | History

6 edition of Indian Trusts Act found in the catalog.

Indian Trusts Act

India

Indian Trusts Act

with special reference to taxation laws, and comparative study of trust law of the United States dealing with all kinds of trusts including charitable & religious

by India

  • 301 Want to read
  • 30 Currently reading

Published by Law Book Co. in Allahabad, India .
Written in English

    Places:
  • India.,
  • United States.
    • Subjects:
    • Trusts and trustees -- India,
    • Charitable uses, trusts, and foundations -- Taxation -- India,
    • Trusts and trustees -- United States

    • Edition Notes

      Statementby N. Suryanarayana Iyer.
      ContributionsSutyanarayana Iyer, N., Rakesh., Prasad, Vindheshwari.
      Classifications
      LC ClassificationsLAW
      The Physical Object
      Paginationlxvi, 842 p. ;
      Number of Pages842
      ID Numbers
      Open LibraryOL2509494M
      ISBN 108185029369
      LC Control Number87901474

      Aiyer Krishnamurthy: Commentary on Indian Trust Act; Ayer Krishnamurthy: Commentary on Indian Trust Act; ALOK SAXENA; Amit Sarkar; Anand. Anands: Commentary on Provincial Small Cause Courts Act, alongwith the Presidency Small Cause Court Act, and Civil Court Act with Central and State Amendments, 9th New Edn. Anand: Societies. Trust law. Trust law in India is mainly codified in the Indian Trusts Act of , which came into force on March 1, It extends to the whole of India except for the state of Jammu and Kashmir and Andaman and Nicobar Islands. Indian law follows principles of English law in most areas of law, but the law of trusts is a notable exception.

        The Trusts Act deals with private trusts. It does not discuss the rules of Islamic Law relating to waqaf. A trust is purely equitable obligation and is enforceable only in a court in which equity is administered. The most distinctive feature of a trust is that it is not issuing out of the land but as thing collateral to it.5/5.   Indian Trusts Act deals with all the matters related to trusts, trustee and ing to section 10 of Indian Trusts Act states that “Every Person capable of holding property may be a trustee; but, where the trust involves the exercise of discretion, he cannot execute it unless he is competent to contract.”.

      The preamble to the Indian Trusts Act, , in books kept under section 51 of that Act; and (iii) the particulars regarding the transaction to which the instrument relates have been c0r-- rectly entered in the indices kept under section 55 of that Act. Audio Books & Poetry Community Audio Computers, Technology and Science Music, Arts & Culture News & Public Affairs Non-English Audio Spirituality & Religion. Librivox Free Audiobook. Full text of "The Bombay Public Trusts Act, " See other formats.


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Indian Trusts Act by India Download PDF EPUB FB2

Duties. The Trusts Act has enumerated the duties of the Trustees, i) To execute the trust: The primary duty of the trustee is to fulfil the 'purpose' of the trust and to obey the directions of the Author of the trust, given at the time of its Size: KB.

Indian Trusts Act, (Lawmann's Series) Paperback – 1 January by Lawmann's` (Author)3/5(1). Indian Trusts Act Paperback – 1 January by M.P. Tandon (Author) out of 5 stars 1 rating.

See all formats and editions Hide other formats and editions. Price New from Paperback "Please retry" ₹ ₹ Paperback ₹ 1 New from 3/5(1). THE INDIAN TRUSTS ACT, ACT NO. 2 OF 1 [13 th January, ] An Act to define and amend the law relating to Private Trusts and Trustees. Preamble.—WHEREAS it is expedient to define and amend the Indian Trusts Act book relating to private trusts and trustees; It is hereby enacted as follows:— CHAPTER I PRELIMINARY 1.

Short title.—File Size: KB. Indian Trust Act, Indian Trusts Act book 68 Revocation of trust Where a trust has been declared by a non-testamentary instrument–in exercise of power of revocation expressly reserved to the author. Where a trust is created for the payment of debts of the author and has not been communicated to the creditors – at the pleasure of the author.4/5(5).

Income Tax Department > Tax Laws & Rules > Acts > Indian Trusts Act, Income Tax Department > All Acts > Indian Trusts Act, Choose Acts: Section Wise: Chapter Wise: Section No. Text Search: 98 Record(s) | Page [1 of 10] Section - 1. Short title, commencement. Section. Details related to the Indian Trusts Act, are given.

This Act extends to the whole of India except the State of Jammu and Kashmir and the Andaman and Nicobar Islands. Users can get information about the Act, its objectives, short title, commencement and repeal of enactment.

Short title, commencement.—This Act may be called the Indian Trusts Act,and it shall come into force on the first day of March, Local extent.—1[It extends to 2[the whole of India 3[except the State of Jammu and Kashmir] and] the Andaman and Nicobar Islands, 4[***]; but the Central Government may, from time to time, by.

Trust law (a) What is the legal basis on which trusts are recognized and enforced. Trusts, in general, under Indian law have a statutory basis, namely the Indian Trusts Act, Generally, there are two types of trusts in India: private trusts and public trusts.

The Indian Trusts Act, governs the private Size: KB. The Indian Trusts Act deals with all the matters related to trusts, trustee and ing to section 10 of Indian Trusts Act states that “Every Person capable of holding property may be a trustee; but, where the trust involves the exercise of discretion, he cannot execute it unless he is competent to contract.”Thus.

THE INDIAN TRUSTS ACT, INTRODUCTION 1. Origin and Development of Trusts in England 4 Resulting Trust 6 Resulting, Implied or Constructive Trust 7 Unjust Enrichment: Approach to 7 2. Conception of Trusts in Hindu and Mohammedan Law 9 Contents xiii Religious Endowment - Section 6(17) of Tamil Nadu Hindu Charitable and Endowments Act, THE INDIAN TRUSTS ACT, 1* ACT No.

2 OF [13th January, ] 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 1. Short Size: KB. As per section 5 of the Indian Trusts Act, a private trust related to an immovable property must be created by a non-testamentary instrument in writing, signed by the author of the trust or the trustee and must be registered under Section 17 of Registration : Sylvine.

INDIAN TRUSTS ACT, Arrangement of Sections SECTION PAGE CHAPTER I PRELIMINARY 1. Short title, commencement 5 2. Repeal of enactments 5 3. Interpretation clause — “trust” 5 CHAPTER II OF THE CREATION OF TRUSTS 4. Lawful purpose 6 5. Trust of immovable property 7 6.

Creation of trust 7 7. Who may create trusts 7 8. Subject of trust 8 9. Who may be beneficiary 8   The Indian Trusts Act, is an enactment formulated during the British regime which contains detailed provision for the unification of laws governing trusts and trust property.

But due to changes in the society, there is an immense requirement to modify the provisions of the legislation. The indian trusts act, Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising.

If you continue browsing the site, you agree to the use of cookies on this website. (20) Words and expressions used but not defined in this Act and defined in the Indian Trusts Act,shall have the meanings assigned to them in that Act.

[Construction of certain references in the Act in their application to that part of Mysore to which the Act. Indian Trusts Act (Lawmann’s Series) – Edition Book. Bare act with Short Notes and Case Laws. Poharkar vs. Lokmat Newspaper Charitable Trust, which stated that a legislation in this behalf is necessary.

Ministry of Defence, which is a party before the High Court, referred the matter to the Department of Legal Affairs for advice. In turn, the Department of Legal Affairs referred the matter to the Law Commission as mentioned Size: KB.

3d39b66ab9 [Indian Trusts Act - Download as Word Doc .doc /.docx), PDF File .pdf), Text File .txt) or read Transfer of Property Act [Hindi] by Dr. Sinha, Central Law Agency, Buy books online from India's largest Online Bookstore - Order book online from Ajit text containing the act, Indian Trusts Act.

Indian Trusts Act, 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 amended the Act and removed some restrictions on investment of the monetary assets by the trust in certain investments.Act ID: Act Number: Enactment Date: Act Year: Short Title: The Indian Trust Act, Long Title: An Act to define and amend the law relating to Private Trusts and Trustees.

Ministry: Ministry of Law and Justice: Department: Legislative Department: Enforcement Date: Last Updated: The Indian Trusts Act, Chapter I – PRELIMINARY 1.

Short title and commencement – This Act may be called the Indian Trusts Act,and it shall come into force on the first day of March, Local extent, savings. -It extends to the whole of India 1 [except the State of Jammu and Kashmir and the Andaman and Nicobar Islands] but the Central Government may, form time to time, by.