Bare Act Search Results

The Bombay Public Trusts Act, 1950 Complete Act

State: Maharashtra

Year: 1950

.....created has become impossible or impracticable, or (b) that the Society or institution does not exist or has ceased to exist, notwithstanding the fact that there was no intent for the appropriation of the trust property for a general charitable or religious purpose. CHAPTER IV-Registration of Public Trusts SECTION 14: REGIONS AND SUB-REGIONS .- (I) For the purposes of this Act, State Government may form regions and sub-regions and may scribe and alter limits of such regions and sub-regions. (2) The regions and sub-regions formed under this section, together with the limits thereof and every alteration of such limits shall be certified in the Official Gazette. SECTION 15: PUBLIC TRUSTS REGISTRATION OFFICE .- In every region or sub-region re shall be a Public Trusts Registration Office Provided that for two or more regions or sub-regions, there may one Public Trust Registration Office: Provided further that for one region or sub-region there may be one or more Joint Public Trusts Registration Offices. SECTION 15A: 1[POWER TO SET UP OFFICES IN DISTRICT . " To facilitate the administrative work of the regions or sub-regions, the State Government may set up offices in all the.....

Income Tax Act, 1961 Section 80G

Title: Deduction in Respect of Donations to Certain Funds, Charitable Institutions, Etc.

State: Central

Year: 1961

.....to the donation, any part of the income of the institution or fund has become chargeable to tax due to non-compliance with any of the provisions of section 11, section 12 or section 12A ; (ii) that, under clause (c) of sub-section (1) of section 13, the exemption under section 11 or section 12 is denied to the institution or fund in relation to any income arising to it from any investment referred to in clause (h) of sub-section (2) of section 13 where the aggregate of the funds invested by it in a concern referred to in the said clause (h) does not exceed five per cent of the capital of that concern. Explanation 3 : In this section, charitable purpose does not include any purpose the whole or substantially the whole of which is of a religious nature. 34[Explanation 4 : For the purposes of this section, an association or institution having as its object the control, supervision, regulation or encouragement in India of such games or sports as the Central Government may, by notification in the Official Gazette, specify in this behalf, shall be deemed to be an institution established in India for a charitable purpose.] Explanation 5 : For the removal of doubts, it is hereby.....

Charitable & Religious Trusts Act 1920 Preamble 1

Title: The Charitable and Religious Trusts Act, 1920

State: Central

Year: 1920

THE CHARITABLE AND RELIGIOUS TRUSTS ACT, 1920 [Act, No.14 of 1920] [20th March, 1920] PREAMBLE An Act to provide more effectual control over the administration of Charitable and Religious Trusts. whereas it is expedient to provide facilities for the obtaining of information regarding trusts created for public purposes of a charitable or religious nature, and to enable the trustees of such trusts to obtain the directions of a court on certain matters, and to make special provision for the payment of the expenditure incurred in certain suits against the trustees of such trusts; It is hereby enacted as follows :--

Charitable & Religious Trusts Act 1920 Complete Act

Title: Charitable & Religious Trusts Act 1920

State: Central

Year: 1920

Preamble1 - The Charitable and Religious Trusts Act, 1920 Section1 - Short title and extent Section2 - Interpretation Section3 - Power to apply to the court in respect of trusts of a charitable or religious nature Section4 - Contents and verification of petition Section5 - Procedure on petition Section6 - Failure of trustee to comply with order under section 5 Section7 - Powers of trustee to apply for directions Section8 - Costs of petition under this Act Section9 - Savings Section10 - Power of Courts as to costs in certain suits against trustees of charitable and religions trusts Section11 - Provisions of the Code of Civil Procedure to apply Section12 - Barring of appeals

National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retradation and Multiple Disabilities Act, 1999 Complete Act

State: Central

Year: 1999

.....credited thereto- (a) all moneys received from the Central Government; (b) all moneys received by the Trust by way of grants, gifts, donations, benefactions, bequests or transfers; (c) all moneys received by the Trust in any other manner or from any other source. (2) All moneys belonging to the fund shall be deposited in such banks or invested in such manner as the Board may, subject to the approval of the Central Government, decide (3) The funds shall be applied towards meeting the administrative and other expenses of the Trust including expenses incurred in the exercise of its powers and performance of duties by the Board in relation to any of its activities under Section 10-or for anything relatable thereto. SECTION 23: BUDGET -The Board shall prepare, in such form and at such time in each financial year as may be prescribed, the budget for the next financial year showing the estimated receipt and expenditure of the Trust and shall forward the same to the Central Government. SECTION 24: ACCOUNTS AND AUDIT (1) The Board shall maintain proper accounts and other relevant records and prepare an annual statement of accounts of the Trust including the income and expenditure.....

Charitable & Religious Trusts Act 1920 Section 3

Title: Power to Apply to the Court in Respect of Trusts of a Charitable or Religious Nature

State: Central

Year: 1920

Save as hereinafter provided in this Act, any person having an interest in any express or constructive trust created or existing for a public purpose of a charitable or religious nature may apply by petition to the court within the local limits of whose jurisdiction any substantial part of the subject-matter of the trust is situate to obtain an order embodying all or any of the following directions, namely:-- (1) directing the trustee to furnish the petitioner through the court with particulars as to the nature and objects of the trust, and of the value, condition, management and application of the subject-matter of the trust, and of the income belonging thereto, or as to any of these matters, and (2) directing that the accounts of the trust shall be examined and audited: Provided that no person shall apply for any such direction in respect of accounts relating to a period more than three years prior to the date of the petition.

Indian Trusts Act, 1882 Chapter IX

Title: Of Certain Obligations in the Nature of Trusts

State: Central

Year: 1882

.....performance could be enforced, the former must hold the property for the benefit of the latter to the extent necessary to give effect to the contract. Section 92 - Purchase by person contracting to buy property to be held on trust Where a person contracts to buy property to be held on trust for certain beneficiaries and buys the property accordingly, he must hold the property for their benefit to the extent necessary to give effect to the contract. Section 93 - Advantage secretly gained by one of several compounding creditors Where creditors compound the debts due to them, and one of such creditors, by a secret arrangement with the debtor, gains an undue advantage over his co-creditors, he must hold for the benefit of such creditors the advantage so gained. Section 94 - Constructive trust in cases not expressly provided for (Rep. by the Benami Transactions (Prohibition) Act, 1988, sec. 7 (w.e.f. 19.5.1988)). Illustrations (a) A, an executor, distributes the assets of his testator B to the legatees without having paid the whole of B's debts. The legatees hold for the benefit of B's creditors, to the extent necessary to satisfy their just demands, the assets so.....

Indian Trusts Act, 1882 Section 83

Title: Trust Incapable of Execution or Executed Without Exhausting Trust-property

State: Central

Year: 1882

Where a trust is incapable of being executed, or where the trust is completely executed without exhausting the trust-property, the trustee, in the absence of a direction to the contrary, must hold the trust-property, or so much thereof as is unexhausted, for the benefit of the author of the trust or his legal representative. Illustrations (a) A conveys certain land to B -- "upon trust", and no trust is declared; or "upon trust to be thereafter declared", and no such declaration is ever made; or upon trusts that are too vague to be executed; or upon trust become incapable of taking effect; or "in trust for C", and C renounces his interest under the trust In each of these cases B holds the land for the benefits of A. (b) A transfers Rs.10,000 in the four per cents to B, in trust to pay the interest annually accruing due to C for her life. A dies. Then C dies. B holds the fund for the benefit of A's legal representative. (c) A conveys land to B upon trust to sell it and apply one moiety of the proceeds for certain charitable purposes, and the other for the maintenance of the worship of an idol. B sells the land, but the charitable purposes wholly fail, and the ma

Charitable Endowments Act, 1890 Preamble 1

Title: The Charitable Endowments Act, 1890

State: Central

Year: 1890

.....India, 1889, Pt. VI, pp. 117 and 190, and Gazettee of India, 1890, Pt. Vi, p. 37. This Act has been declared to be in force in the Sonthal Parganas by the Sonthal Parganas Settlement Regulation, 1872 (3 of 1872), section 3: in the Khondmals District by the Khondmals Laws Regualtion, 1936 (4 of 1936), section 3 and Schedule; and in the Angul District by the Angul Laws Regulation, 1936 (5 of 1936), section 3 and Schedule It has also been extended to Berar by the Berar Laws Act, 1941 (4 of 1941). This Act has been amended in its application to Bengal by the Bengal Wakf Act, 1934 (Ben. Act 13 of 1934); Bihar by Bihar Act 8 of 1948. Act 1 of 1951and Act 16 of 1954; U.P. by U.P. Acts 20 of 1950 and 37 of 1950.

Charitable & Religious Trusts Act 1920 Section 10

Title: Power of Courts as to Costs in Certain Suits Against Trustees of Charitable and Religions Trusts

State: Central

Year: 1920

(1) In any suit instituted under section 14 of the Religious Endowment Act, 1863(20 of 1963), or under section 92 of the Code of Civil Procedure, 1908 (5 of 1908), the court trying such suit may, if, on application of the plaintiff and after hearing the defendant and making such inquiry as it thinks fit, it is satisfied that such an order is necessary in the public interest, direct the defendant either to furnish security for any expenditure incurred or likely to be incurred by the plaintiff in instituting and maintaining such suit, or to deposit from any money in his hands as trustee of the trust to which the suit relates such sum as such court considers sufficient to meet such expenditure in whole or in part. (2) When any money has been deposited in accordance with an order made under sub-section (1), the court may make over to the plaintiff the whole or any part of such sum for the conduct of the suit. Before making over any sum to the plaintiff, the court shall take security from the plaintiff for the refund of the same in the event of such refund being subsequently ordered by the court.