Describe the powers of trustees under the Indian Trusts Act, 1882.

CS Executive · Economic and Commercial Laws · PYQS · June 2017
Describe the powers of trustees under the Indian Trusts Act, 1882.

Answer & Explanation:

The Powers of trustees under the Indian Trusts Act, 1882 are:- He can sell the trust property where instrument of the trust so empowers him. A trustee has a power to vary investments. A trustee has a power to apply the trust property for the maintenance of property as provided in the instrument of trust. A trustee can compromise claims unless a contrary intention appears from the instrument of the trust. A trustee can give receipt for the money received on account of the trust. In case of death of one of the trustees, the other trustees have a right to act, unless contrary intention appears from the instrument of the trust.

Topics: Indian Trusts Act, 1882

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