Under section 10 of the Limitation Act, 1963, against whom is a suit to follow, in his hands, property vested in him in trust for a specific purpose not barred by any length of time?
Question and options
Under section 10 of the Limitation Act, 1963, against whom is a suit to follow, in his hands, property vested in him in trust for a specific purpose not barred by any length of time?
A purchaser of the property from the trustee for valuable consideration
A tenant who has taken the property on lease from the trustee
Any person who owes a simple money debt to the trust
The trustee himself, or his legal representative or gratuitous assign
Answer and explanation
Section 10 provides that no suit against a person in whom property has become vested in trust for a specific purpose, or against his legal representatives or assigns (not being assigns for valuable consideration), to follow that property or its proceeds, or for an account, is barred by any length of time. A purchaser for valuable consideration is expressly excluded, and a tenant or a mere debtor is not a person in whom the property is vested in trust.
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Chhattisgarh Judicial Services
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CUET PG Law (LL.M.)
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