Mention the provisions of the Indian Trusts Act, 1882 regarding extinction of a trust.
CS Executive · Economic and Commercial Laws · PYQS · June 2016
Mention the provisions of the Indian Trusts Act, 1882 regarding extinction of a trust.
Answer & Explanation:
Section 77 of Indian Trust Act, 1882 deals with the provision of extinction of a trust A trust is extinguished: When its purpose is completely fulfilled; or When its purpose becomes unlawful; or When the fulfilment of its purpose becomes impossible by destruction of the trust property or otherwise; or When the trust being revocable, is revoked.
Topics: Indian Trusts Act, 1882
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