Under the Indian Trusts Act, 1882, a buyer's holding of property for beneficiaries is to the extent…
Section 92 says the buyer holds the property for the beneficiaries "to the extent necessary to give effect to the contract". The measure is the contract itself, not the…
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Under the Indian Trusts Act, 1882, a buyer's holding of property for beneficiaries is to the extent necessary to:
Answer and explanation
Correct answer B
Section 92 says the buyer holds the property for the beneficiaries "to the extent necessary to give effect to the contract". The measure is the contract itself, not the recovery of his outlay, the claims of his creditors or the protection of his own title.