Section 53 of the Indian Trusts Act, 1882 deals with:
Section 53, headed "Trustee may not buy beneficiary's interest without permission", forbids a trustee, or one who has recently ceased to be a trustee, to buy or take a…
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Section 53 of the Indian Trusts Act, 1882 deals with:
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Correct answer B
Section 53, headed "Trustee may not buy beneficiary's interest without permission", forbids a trustee, or one who has recently ceased to be a trustee, to buy or take a mortgage or lease of the trust-property without the permission of a principal Civil Court of original jurisdiction. The bar on a trustee for sale is s.52, lending among co-trustees s.54 and the beneficiary's own right to transfer s.58.