A fiduciary obtains a pecuniary advantage by availing of the fiduciary character. Under section 88 of…
Section88 requires an advantage gained by availing of the fiduciary character, or through dealings involving the specified adverse interests. It is held for the protected…
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A fiduciary obtains a pecuniary advantage by availing of the fiduciary character. Under section 88 of the Indian Trusts Act, 1882, the fiduciary must:
Answer and explanation
Correct answer C
Section88 requires an advantage gained by availing of the fiduciary character, or through dealings involving the specified adverse interests. It is held for the protected person. A fiduciary unrelated private gain is not captured merely because the recipient happens to be a fiduciary.