Indian Trusts Act 1882 as amended by Jammu and Kashmir Reorganisation Act 2019 MODEL FORMS With Short Comments. The law/ legal book from Professional contains: Indian Trusts Act 1882 as amended by Jammu and Kashmir Reorganisation Act 2019 MODEL FORMS With Short Comments Lawful purpose Trust of immovable property Trust of movable property Creation of trust Who may create trusts Subject of trust Who may be beneficiary Disclaimer by beneficiary Who may be trustee No one bound to accept trust Acceptance of trust Disclaimer of trust OF THE DUTIES AND LIABILITIES OF TRUSTEES Trustee to execute trust Trustee to inform himself of state of trust-property Trustee to protect title to trust-property Trustee not to set up title adverse to beneficiary Care required from trustee Conversion of perishable property Trustee to be impartial Trustee to prevent waste Accounts and information Investment of trust-money Power to purchase redeemable stock at a premium Mortgage of land pledged to Government under Act 26 of 1871 Deposit in Government Savings Bank Sale by trustee directed to sell within specified time Liability for breach of trust No set-off allowed to trustee Non-liability for predecessor's default Non-liability for co-trustee's default Joining in receipt for conformity Several liability of co-trustees Contribution as between co-trustees Non-liability of trustee paying without notice of transfer by beneficiary Liability of trustee where beneficiary's interest is forfeited to the Government Indemnity of trustees
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