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Start Free TrialIndian Trusts Act, 1882 Complete Act
Title: Indian Trusts Act, 1882
State: Central
Year: 1882
.....to settlement of accounts Section36 - General authority of trustee Section37 - Power to sell in lots and either by public auction or private contract Section38 - Power to sell under special conditions. Power to buy-in and re-sell Section39 - Power to convey Section40 - Power to vary investments Section41 - Power to apply property of minors, etc. for their maintenance, etc Section42 - Power to give receipts Section43 - Power to compound, etc Section44 - Power to several trustees of whom one disclaims or dies Section45 - Suspension of trustee's powers by decree Chapter V Section46 - Trustee cannot renounce after acceptance Section47 - Trustee cannot delegate Section48 - Co-trustees cannot act singly Section49 - Control of discretionary power Section50 - Trustee may not charge for services Section51 - Trustee may not use trust-property for his own profit Section52 - Trustee for sale or his agent may not buy Section53 - Trustee may not buy beneficiary's interest without permission Section54 - Co-trustees may not lend to one of themselves Chapter VI Section55 - Right to rents and profits Section56 - Right to specific execution Section57 - Bight to inspect and.....
List Judgments citing this sectionUnit Trust of India Act, 1963 (52 of 1963) Complete Act
Title: Unit Trust of India Act, 1963 (52 of 1963)
State: Central
Year: 1963
.....- Distribution of income Section25B - Reserve Funds Section25C - Definition Chapter VI Section26 - Preparation of balance-sheet, etc. of Trust Section27 - Audit Section28 - Publication of annual accounts and reports Section29 - Furnishing of information Chapter VII Section30 - Power of Reserve Bank to give directions Section31 - Staff of Trust Section32 - Income-tax and other taxes Section33 - Act 18 of 1891 to apply in relation to Trust Section34 - Declaration of fidelity and secrecy Section35 - Defects in appointments not to invalidate acts, etc. Section36 - Indemnity of trustees Section37 - Protection of action taken under this Act Section38 - Delegation of powers Section39 - No Trust to be taken notice of Section39A - Nomination by unit holders and agents Section39B - Protection of certain amounts from attachment Section40 - Re-payment of contribution in case of winding-up of contributing institution Section41 - Power of Central Government to re-constitute Board Section42 - Liquidation of Trust Section43 - Regulations Section44 - Amendment of certain enactments [Repealed] Section45 - Power to remove difficulty Schedule1 - THE FIRST SCHEDULE .....
List Judgments citing this sectionMajor Port Trusts Act, 1963 Complete Act
Title: Major Port Trusts Act, 1963
State: Central
Year: 1963
.....Trustees Section19 - Restriction of power of Trustees to vote in certain cases Section20 - Defects in appointments or election not to invalidate acts, etc Section21 - Delegation of powers Section22 - Duties of Chairman and Deputy Chairman Chapter III Section23 - Schedule of Board's staff Section24 - Power to make appointments Section25 - Power to promote, grant leave, etc., to employees of Board Section26 - Consulting Engineer to Board Section27 - Power to create posts Section28 - Power to make regulations Chapter IV Section29 - Transfer of assets and liabilities of Central Government, etc., to Board Section30 - Existing rates, etc., to continue until altered by Board Section31 - Repayment of capital with interest Section32 - Procedure when immovable property cannot be acquired by agreement Section33 - Contracts by Board Section34 - Mode of executing contracts on behalf of Board Chapter V Section35 - Power of Board to execute works and provide appliances, Section35A - Power with respect to landing places and bathing ghats Section36 - Power of Board to undertake certain works Section37 - Power of Board to order sea-going vessels to use docks, wharves, etc .....
List Judgments citing this sectionCharitable & 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
List Judgments citing this sectionNational Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999 Complete Act
Title: National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999
State: Central
Year: 1999
.....- Annual general meeting Chapter 8 Section21 - Grants by the Central Government Section22 - Fund Section23 - Budget Section24 - Accounts and audit Section25 - Annual report Section26 - Authentication of orders, etc. Section27 - Returns and information Chapter 9 Section28 - Power of Central Government to issue directions Section29 - Power of Central Government to supersede Board Section30 - Exemption from tax on income Section31 - Protection of action taken in good faith Section32 - Chairperson, Members and officers of Trust to be public servants Section33 - Delegation Section34 - Power to make rules Section35 - Power to make regulations Section36 - Rules and regulations to be laid before Parliament
List Judgments citing this sectionUnit Trust of India (Transfer of Undertaking and Repeal) Act,2002 Complete Act
Title: Unit Trust of India (Transfer of Undertaking and Repeal) Act,2002
State: Central
Year: 2002
..... Chapter 5 Section12 - Concession, etc. to be deemed to have been granted to specified undertaking Section13 - Tax exemption or benefit to continue to have effect Section14 - Exemption from stamp duty Section15 - Guarantee to be operative Section16 - Protection of action taken in good faith Section17 - Shares, bonds, debentures and units to be deemed to be approved securities Section18 - Substitution in every Act, rule, regulation or notification by specified company or Administrator in place of Trust Section19 - Power of Central Government to alter Schedules. I and II Section20 - Power of Central Government to make scheme Section21 - Repeal and saving of Act 52 of 1963 Section22 - Act to have overriding effect Section23 - Application of other laws not barred Section24 - Power to remove difficulties Section25 - Repeal and saving Schedule1 - SCHEDULE I Schedule2 - SCHEDULE II
List Judgments citing this sectionIndian Trusts Act, 1882 Chapter II
Title: Of the Creation of Trusts
State: Central
Year: 1882
.....extent in and to which the author of the trust may dispose of the trust-property. _______________________ 1. See section 11 of the Indian Contract Act, 1972 (9 of 1872). Section 7 - Who may create trusts A trust may be created-- (a) by every person competent to contract,1and (b) with the permission of a principal civil court of original jurisdiction, by or on behalf of a minor, but subject in each case to the law for the time being in force as to the circumstances and extent in and to which the author of the trust may dispose of the trust-property. _______________________ 1. See section 11 of the Indian Contract Act, 1972 (9 of 1872). Section 8 - Subject of trust The subject- matter of a trust must be property transferable to the beneficiary. It must not be merely beneficial interest under a subsisting trust. Section 9 - Who may be beneficiary Every person capable of holding property may be a beneficiary. Disclaimer by beneficiary A proposed beneficiary may renounce his interest under the trust by disclaimer addressed to the trustee, or by setting up, with notice of the trust, a claim inconsistent therewith. Section 10 - Who may be trustee .....
View Complete Act List Judgments citing this sectionUnit Trust of India (Transfer of Undertaking and Repeal) Act,2002 Chapter 2
Title: Transfer and Vesting of the Undertaking of Trust in the Specified Company and Transfer and Vesting of the Specified Undertaking of Trust in the Administrator
State: Central
Year: 2002
.....in which the undertaking or specified undertaking has vested by virtue of this Act as it might have been enforced by or against the Trust if this Act had not been enacted and shall cease to be enforceable by or against the Trust. Section 6 - Provisions in respect of officers and other employees of Trust (1) Every officer or other employee of the Trust (except a trustee of the Board, the Chairman and executive trustee) serving in the employment immediately before the appointed day shall become, as from the appointed day, an officer or, as the case may be, other employee of the specified company and shall hold his office or service therein by the same tenure, at the same remuneration, upon the same terms and conditions, with the same obligations and with the same rights and privileges as to leave, leave fare concession, welfare scheme, medical benefit scheme, insurance, provident fund, other funds retirement, voluntary retirement, gratuity and other benefits as he would have held under the Trust if its undertaking had not vested in the specified company and shall continue to do so as an officer or, as the case may be, other employee of the specified company or until the.....
View Complete Act List Judgments citing this sectionUnit Trust of India Act, 1963 (52 of 1963) Chapter IV
Title: Powers and Functions of the Trust
State: Central
Year: 1963
.....(2), (4), (6), (7), sub-clause (c) of Cl. (8) and Cls. (11), (12), (13) and (15) of sub-section (1).] _____________________ 1. Substituted by Act 63 of 1985, Section 5 (w.e.f. 23rd April, 1985). Section 19A - Power to impose conditions, etc. 1[19A. Power to impose conditions, etc. (1) In entering into any arrangement, under Section 19, with any concern, the Trust may impose such conditions as it may think necessary or expedient for protecting the interest of the Trust and for securing that the accommodation granted by it is put to the best use by the industrial concern. (2) Where any arrangement entered into by the Trust under Section 19 with any concern provides for the appointment by the Trust of one or more directors of such concern, such provision and any appointment of directors made in pursuance thereof shall be valid and effective notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956), or in any other law for the time being in force or in the memorandum, articles of association or any other instrument relating to the concern, and any provision regarding share qualification, age limit, number of directorships, removal from.....
View Complete Act List Judgments citing this sectionUnit Trust of India Act, 1963 (52 of 1963) Chapter II
Title: Establishment of the Unit Trust of India Andthe Initial Capital Thereof
State: Central
Year: 1963
.....Companies Act, 1956, declared as such. 2. Substituted by Act 63 of 1985, Section 3 (w.e.f. 23rd April, 1985). 3. Substituted by Act 17 of 1966, Section 3. Section 4A - Transfer of initial capital to Development Bank 1 [4-A. Transfer of initial capital to DevelopmentBank On such date as the Central Government may, by notification in the official Gazette, appoint (hereinafter referred to as the notified date), all the contributions made by the Reserve Bank to the initial capital of the Trust, as on the date immediately preceding the notified date, shall stand transferred to, and vested in, the Development Bank. ______________________ 1. Inserted by Act 52 of 1975, Section 46 (w.e.f. 16th February, 1976). Section 4B - Payment of amount The Reserve Bank shall be given by the Development Bank, in cash, for the transfer to, and vesting in, the Development Bank of the contributions made to the initial capital of the Trust by the Reserve Bank, an amount equal to contributions to the initial capital so transferred.] Section 5 - Maintenance of register of contributories The Board shall maintain in such manner as may be prescribed a register containing the name of the.....
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