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TypeBare Act JurisdictionCentral Government

Trusts Act, 1882 Section 12

TRUSTEE TO INFORM HIMSELF OF STATE OF TRUST PROPERTY. A trustee is bound to acquaint himself, as soon as possible, with

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https://sooperkanoon.com/act/264471

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About this section

Trusts Act, 1882 Section 12 is part of Trusts Act, 1882 - TRUSTEE TO INFORM HIMSELF OF STATE OF TRUST PROPERTY. A trustee is bound to acquaint himself, as soon as possible, with. Read the section text below and explore Indian court judgments that cite it.

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Section Text

subject to the provisions of the instrument of trust) to get in trust-moneys invested on insufficient or hazardous security. Illustrations (a) The trust-property is a debt outstanding on personal security. The instrument of trust gives the trustee no discretionary power to leave the debt so outstanding. The trustee's duty is to recover the debt without unnecessary delay. (b) The trust-property is money in the hands of one of two co-trustees. No discretionary power is given by the instrument of trust. The other co- trustee must not allow the former to retain the money for a longer period than the circumstances of the case required

Frequently asked questions

What does Trusts Act, 1882 Section 12 provide?

Section Section 12 of the Trusts Act, 1882 (TRUSTEE TO INFORM HIMSELF OF STATE OF TRUST PROPERTY. A trustee is bound to acquaint himself, as soon as possible, with) is reproduced on this page as part of the Trusts Act, 1882. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Trusts Act, 1882 Section 12?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Trusts Act, 1882 Section 12. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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