Subject to the saving in section 56 of the Indian Trusts Act, 1882, what condition concerning several…
The competence and unanimity conditions in section56 concern the demand by several beneficiaries for transfer of trust property. A trust may have multiple beneficiaries who…
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Subject to the saving in section 56 of the Indian Trusts Act, 1882, what condition concerning several beneficiaries enables them to require transfer of the trust property to themselves or a person they direct?
Answer and explanation
Correct answer D
The competence and unanimity conditions in section56 concern the demand by several beneficiaries for transfer of trust property. A trust may have multiple beneficiaries who include minors. Those conditions are not general requirements for every trust with several beneficiaries.