| Sections |
Indian
Trusts Act, 1882 |
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Preamble |
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CHAPTER I: PRELIMINARY |
| 1. |
Short
title and commencement |
| 2. |
Repeal
of enactments |
| 3. |
Interpretation-clause-"Trust" |
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CHAPTER II : OF THE CREATION OF TRUSTS |
| 4. |
Lawful
purpose |
| 5. |
Trust
of immovable property |
| 6. |
Creation
of trust |
| 7. |
Who may
create trusts |
| 8. |
Subject
of trust |
| 9. |
Who may
be beneficiary |
| 10. |
Who may
be trustee |
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CHAPTER III : OF THE DUTIES AND LIABILITIES
OF TRUSTEES |
| 11. |
Trustee
to execute trust |
| 12. |
Trustee
to inform himself of state of trust property
|
| 13. |
Trustee
to protect title to trust-property |
| 14. |
Trustee
not to set up title adverse to beneficiary
|
| 15. |
Care
required from trustee |
| 16. |
Conversion
of perishable property |
| 17. |
Trustee
to be impartial |
| 18. |
Trustee
to prevent waste |
| 19. |
Accounts
and information |
| 20. |
Investment
of trust money |
| 20A. |
Power
to purchase redeemable stock at a premium |
| 21. |
Mortgage
of land pledged to Government under Act 26 of 1871.
Deposit in Government Savings Bank |
| 22. |
Sale
by trustee directed to sell within specified time
|
| 23. |
Liability
for breach of trust |
| 24. |
No set-off
allowed to trustee |
| 25. |
Non-liability
for predecessor's default |
| 26. |
Non-liability
for co-trustee's default |
| 27. |
Several
liabilities of co-trustees |
| 28. |
Non-liability
of trustee paying without notice of transfer by
beneficiary |
| 29. |
Liability
of trustee where beneficiary's interest is forfeited
to the Government |
| 30. |
Indemnity
of trustee |
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CHAPTER IV : OF THE RIGHTS AND POWERS
OF TRUSTEES |
| 31. |
Right
to title-deed |
| 32. |
Right
to re imbursement of expenses |
| 33. |
Right
to indemnity from gainer by breach of trust
|
| 34. |
Right
to apply to Court for opinion in management of trust-property
|
| 35. |
Right
to settlement of accounts |
| 36. |
General
authority of trustee |
| 37. |
Power
to sell in lots, and either by public auction or
private contract |
| 38. |
Power
to sell under special conditions. Power to buy-in-
and resell |
| 39. |
Power
to convey |
| 40. |
Power
to vary investments |
| 41. |
Power
to apply property of minors, etc., for their maintenance,
etc. |
| 42. |
Power
to give receipts |
| 43. |
Power
to compound, etc. |
| 44. |
Power
to several trustees of whom one disclaims or dies
|
| 45. |
Suspension
of trustee's powers by decree |
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CHAPTER V : OF THE DISABILITIES OF TRUSTEES |
| 46. |
Trustees
cannot renounce after acceptance |
| 47. |
Trustee
cannot delegate |
| 48. |
Co-trustees
cannot act singly |
| 49. |
Control
of discretionary power |
| 50. |
Trustee
may not charge for services |
| 51. |
Trustee
may not use trust-property for his own profit |
| 52. |
Trustee
for sale or his agent may not buy |
| 53. |
Trustee
may not buy beneficiary's interest without permission
|
| 54. |
Co-trustees
may not lend to one of themselves |
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CHAPTER VI : OF THE RIGHTS AND LIABILITIES
OF THE BENEFICIARY |
| 55. |
Right
to rents and profits |
| 56. |
Right
to specific execution |
| 57. |
Right
to inspect and take copies of instrument of trust
accounts, etc. |
| 58. |
Right
to transfer beneficial interest |
| 59. |
Right
to sue for execution of trust |
| 60. |
Right
to proper trustees |
| 61. |
Right
to compel to any act of duty |
| 62. |
Wrongful
purchase by trustee |
| 63. |
Following
trust-property-into the hands of third persons,
into that into which it has been converted
|
| 64. |
Saving
of rights of certain transferees |
| 65. |
Acquisition
by trustee of trust-property wrongfully converted
|
| 66. |
Right
in case of blended property |
| 67. |
Wrongful
employment by partner-trustee of trust-property
for partnership |
| 68. |
Liability
of beneficiary joining in breach of trust |
| 69. |
Rights
and liabilities of beneficiary's transferee
|
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CHAPTER VII : OF VACATING THE OFFICE OF
TRUSTEE |
| 70. |
Office
how vacated |
| 71. |
Discharge
of trustee |
| 72. |
Petition
to be discharged from trust |
| 73. |
Appointment
of new trustees on death, etc. |
| 74. |
Appointment
by Court |
| 75. |
Vesting
of trust-property in new trustees |
| 76. |
Survival
of trust |
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CHAPTER VIII : OF THE EXTINCTION OF TRUSTS
|
| 77. |
Trust
how extinguished |
| 78. |
Revocation
of trust |
| 79. |
Revocation
not to defeat what trustees have duly done |
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CHAPTER IX: OF CERTAIN OBLIGATIONS IN
THE NATURE OF TRUSTS |
| 80. |
Where
obligation in nature of trust is created |
| 81. |
Where
it does not appear that transferor intended to dispose
of beneficial interest |
| 82. |
Transfer
to one for consideration paid by another |
| 83. |
Trust
incapable of execution or executed without exhausting
trust-property |
| 84. |
Transfer
for illegal purpose |
| 85. |
Bequest
for illegal purpose |
| 86. |
Transfer
pursuant to rescindable contract |
| 87. |
Debtor
becoming creditor's representative |
| 88. |
Advantage
gained by fiduciary |
| 89. |
Advantage
gained by exercise of undue influence |
| 90. |
Advantage
gained by qualified owner |
| 91. |
Property
acquired with notice of existing contract |
| 92. |
Purchase
by person contracting to buy property to be held
on trust |
| 93. |
Advantage
secretly gained by one of several compounding creditors |
| 94. |
Constructive
trusts in cases not expressly provided for |
| 95. |
Obligator's
duties, liabilities and disabilities |
| 96. |
Saving
of rights of bona fide purchasers |
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SCHEDULE |
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STATUTE
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