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Home Bare Acts Phrase: section 58 Year: 1882 Page 1 of about 482 results (0.048 seconds)Sign-up to get more results
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Start Free TrialINDIAN EASEMENTS ACT, 1882 Section 58
Title: Grantor's duty not to render property unsafe
State: Central
Year: 1882
The grantor of a licence is bound not to do anything likely to render the property affected by the licence dangerous to the person or property of the licensee.
View Complete Act List Judgments citing this sectionPresidency Small Cause Courts Act, 1882 Section 58
Title: Impounding Distress
State: Central
Year: 1882
The bailiff may impound or otherwise secure the property so seized in or on the house or premises chargeable with the rent.
View Complete Act List Judgments citing this sectionIndian Trusts Act, 1882 Section 58
Title: Right to Transfer Beneficial Interest
State: Central
Year: 1882
The beneficiary, if competent to contract, may transfer his interest, but subject to the law for the time being in force as to the circumstances and extent in and to which he may dispose of such interest: Provided that when properly is transferred or bequeathed for the benefit of a married woman, so that she shall not have power to deprive herself of her beneficial interest, nothing in this section shall authorize her to transfer such interest during her marriage.
View Complete Act List Judgments citing this sectionTransfer of Property Act, 1882 Section 58
Title: Mortgage, Mortgagor, Mortgagee, Mortgage-money and Mortgage-deed Defined
State: Central
Year: 1882
.....by conditional sale, an usufructuary mortgage, an English mortgage or a mortgage by deposit of title-deeds within the meaning of this section is called an anomalous mortgage.] ________________________ 1. Inserted by Act 20 of 1929, Section 19. 2. Substituted by Act 20 Section 19, for "and to appropriate them". 3. Substituted by Act 20 1929 Section 19, for "and". 4. Added by Act 20 of 1929, Section 19. 5. Substituted by the A.O. 1948, for "Bombay and Karachi". The word "and" had been Inserted by the A.O. 1937. 6. The words " Rangoon, Moulmein, Bassein and Akyab" omitted by the A.O. 1937. 7. For notifications relating to the towns of-Ahmedabad, see Gazette of India, 1935, Pt. I, p. 936, Bandra, Kurla and Ghatkoper Kirol, see Gazette of India, 1924, Pt. I, p.1064,Cawnpore, Allahabad and Lucknow, see Gazette of India, 1938, Pt. I, p.158. Coimbatore, Madura, Cocanada and Cochin, see Gazette of India, 1935, Pt. I, p. 526. 8. The words "Governor General in Council." successively amended by the A.O. 1937 and the A.O. 1950 to read as above.
View Complete Act List Judgments citing this sectionIndian Trusts Act, 1882 Section 88
Title: Advantage Gained by Fiduciary
State: Central
Year: 1882
.....a company, legal advisor, or other person bound in a fiduciary character to protect the interests of another person, by availing himself of his character, gains for himself any pecuniary advantage, or where any person so bound enters into any dealings under circumstances in which his own interests are, or may be, adverse to those of such other person and thereby gains for himself a pecuniary advantage, he must hold for the benefit of such other person the advantage so gained. Illustrations (a) A, an executor, buys a tan undervalue from B, a legatee, his claim under the will, B is ignorant of the value of the bequest. A musthold for the benefit of B the difference between the price and value. (b) A, a trustee, uses the trust- property for the purpose of his own business. A holds for the benefit of his beneficiary the profits arising from such user. (c) A, a trustee, retires from his trust in consideration of his successor paying him a sum of money. A holds such money for the benefit of his beneficiary. (d) A, a partner, buys land in his own name with funds belonging to the partnership. A holds such land for the benefit of the partnership. (e) A, a partner, employed on.....
View Complete Act List Judgments citing this sectionIndian Trusts Act, 1882 Section 77
Title: Trust How Extinguished
State: Central
Year: 1882
A trust is extinguished-- (a) when its purpose is completely fulfilled; or (b) when its purpose becomes unlawful; or (c) when the fulfilment of its purpose becomes impossible by destruction of the trust-property or otherwise; or (d) when the trust, being revocable, is expressly revoked.
View Complete Act List Judgments citing this sectionIndian Trusts Act, 1882 Section 78
Title: Revocation of Trust
State: Central
Year: 1882
A trust created by will may be revoked at the pleasure of the testator. A trust otherwise created can be revoked only-- (a) where all the beneficiaries are competent to contract--by their consent; (b) where the trust has been declared by a non-testamentary instrument or by word of mouth--in exercise of a power of revocation expressly reserved to the author of the trust; or (c) where the trust is for the payment of the debts of the author of the trust, and has not been communicated to the creditors--at the pleasure of the author of the trust. Illustration A conveys property to B in trust to sell the sameand pay out of the proceeds the claims of A's creditors. A reserves no power of revocation. If no communication has been made to the creditors. A may revoke the trust But if the creditors are parties to the arrangement, the trust cannot be revoked without their consent.
View Complete Act List Judgments citing this sectionIndian Trusts Act, 1882 Section 79
Title: Revocation Not to Defeat What Trustees Have Duly Done
State: Central
Year: 1882
No trust can be revoked by the author of the trust so as to defeat or prejudice what the trustees may have duly done in execution of the trust.
View Complete Act List Judgments citing this sectionIndian Trusts Act, 1882 Section 80
Title: Where Obligation in Nature of Trust is Created
State: Central
Year: 1882
An obligation in the nature of a trust is created in the following cases.
View Complete Act List Judgments citing this sectionIndian 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
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