Which of the following ranges contains the Indian Trusts Act, 1882 provisions governing trustees’…
In the Indian Trusts Act, 1882, Chapter III is titled 'Of the Duties and Liabilities of Trustees' (Sections 11 to 30). Within Chapter III, Sections 11 to 22 set out the…
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Which of the following ranges contains the Indian Trusts Act, 1882 provisions governing trustees’ liability for breach of trust and the liability of co-trustees?
Answer and explanation
Correct answer A
In the Indian Trusts Act, 1882, Chapter III is titled 'Of the Duties and Liabilities of Trustees' (Sections 11 to 30). Within Chapter III, Sections 11 to 22 set out the duties of trustees, while Sections 23 to 29 (together with Section 30) govern the liabilities of trustees: Section 23 (Liability for breach of trust), Section 24 (No set-off allowed to trustee), Section 25 (Non-liability for predecessor's default), Section 26 (Non-liability for co-trustee's default), Section 27 (Several liability of co-trustees), Section 28 (Non-liability of trustee paying without notice of transfer by beneficiary), and Section 29 (Liability of trustee where beneficiary's interest is forfeited to the Government). By contrast, Sections 55 to 69 (Chapter VI) deal with the rights and liabilities of the beneficiary.
Option feedback
Option A
Sections 23 to 29 address liabilities and related protections. Section 30 separately provides a general indemnity rule.
Option B
Incorrect. Sections 11 to 18 (and up to Section 22) of the Indian Trusts Act, 1882 deal with the duties of trustees, not their liabilities.
Option C
Incorrect. Chapter VI (Sections 55 to 69) of the Indian Trusts Act, 1882 deals with the rights and liabilities of the beneficiary, not the liabilities of trustees.
Option D
Incorrect. Sections 51 to 54 fall under Chapter V (disabilities of trustees) and Sections 55 to 65 fall under Chapter VI (rights of the beneficiary).
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Bihar Judicial Services