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Home Bare Acts Phrase: trust property Page 1 of about 10,268 results (0.028 seconds)Indian Trusts Act, 1882 Section 38
Title: Power to Sell Under Special Conditions. Power to Buy-in and Re-sell
State: Central
Year: 1882
The trustee making any such sale may insert such reasonable stipulations either as to title or evidence of title, or otherwise, in any conditions of sale or contract for sale, as he thinks fit; and may also buy-in the property or any part thereof at any sale by auction, and rescind or vary any contract for sale, and re-sell the property so bought in, or as to which the contract is so rescinded, without being responsible to the beneficiary for any loss occasioned thereby. Time allowed for selling trust-property.--Where a trustee is directed to sell trust-property or to invest trust-money in the purchase of property, he may exercise a reasonable discretion as to the lime of effecting the sale or purchase. Illustrations (a) A bequeaths property to B, directing him to sell if with all convenient speed and pay the proceeds to C. This does not render an immediate sale imperative. (b) A bequeaths property to B, directing him to sell it at such lime and in such manner as he shall think fit and invest the proceeds for the benefit of C. This does not authorize B, as between him and C, to postpone the sale to an indefinite period.
View Complete Act List Judgments citing this sectionSmugglers and Foreign Exchange Manipulators Forfeiture of Property) Act, 1976 Section 10
Title: Procedure in Relation to Certain Trust Properties
State: Central
Year: 1976
.....ordinarily be less than thirty days, to explain the source of the money or other assets out of or by means of which such property was acquired or, as the case may be, the source of the money or other assets which were contributed to the trust for acquiring such property and thereupon such notice shall be deemed to be a notice served under section 6 and all the other provisions of this Act shall apply accordingly. Explanation.For the purposes of this section "illegally acquired property", in relation to any property held in trust, includes (i) any property which if it had continued to be held by the author of the trust or the contributor of such property to the trust would have been illegally acquired property in relation to such author or contributor; (ii) any property acquired by the trust out of any contributions made by any person which would have been illegally acquired property in relation to such person had such person acquired such property out of such contributions.
View Complete Act List Judgments citing this sectionNarcotic Drugs and Psychotropic Substances Act, 1985 Section 68L
Title: Procedure in Relation to Certain Trust Properties
State: Central
Year: 1985
.....of thirty days specified in the notice, to explain the source of money or other assets out of or by means of which such property was acquired or, as the case may be, the source of money or other assets which were contributed to the trust for acquiring such property and thereupon such notice shall be deemed to be a notice served under section 68H and all the other provisions of this Chapter shall apply accordingly. Explanation.--For the purposes of this section "illegally acquired property", in relation to any property held in trust, includes-- (i) any property which if it had continued to be held by the author of the trust or the contributor of such property to the trust would have been illegally acquired property in relation to such author or contributor; (ii) any property acquired by the trust out of any contributions made by any person which would have been illegally acquired property in relation to such person had such person acquired such property out of such contributions.
View Complete Act List Judgments citing this sectionWild Life (Protection) Act, 1972 Section 58L
Title: Procedure in Relation to Certain Trust Properties
State: Central
Year: 1972
.....of thirty days specified in the notice, to explain the source of money or other assets out of or by means of which such property was acquired or, as the case may be, the source of money or other assets which were contributed to the trust for acquiring such property and thereupon such notice shall be deemed to be a notice served under section 58H and all the other provisions of this Chapter shall apply accordingly. Explanation.For the purposes of this section "illegally acquired property" in relation to any property held in trust, includes (i) any property which if it had continued to be held by the author of the trust or the contributor of such property to the trust would have been illegally acquired property in relation to such author or contributor; (ii) any property acquired by the trust out of any contributions made by any person which would have been illegally acquired property in relation to such person had such person acquired such property out of such contributions.
View Complete Act List Judgments citing this sectionIndian Trusts Act, 1882 Section 24
Title: No Set-off Allowed to Trustee
State: Central
Year: 1882
A trustee who is liable for a loss occasioned by a breach of trust is respect of one portion of the trust-property cannot set-off against his liability a gain which has accrued to another portion of the trust property through another and distinct breach of trust.
View Complete Act List Judgments citing this sectionWealth-tax Act, 1957 Section 21A
Title: Assessment in Cases of Diversion of Property, or of Income from Property, Held Under Trust for Public Charitable or Religious Purposes
State: Central
Year: 1957
.....- (a)any part of the property or income of a trust shall be deemed to have been usedor applied for the benefit of any person referred to in subsection (3) ofsection 13 of the Income-tax Act in every case in which it can be so deemed tohave been used or applied within the meaning of clause (c) of sub-section (1) ofthat section at any time during the period of twelve months ending with therelevant valuation date; 10 [*****] (b)"trust" includes any other legal obligation. _______________________ 1.Insertedby Act 16 of 1972, sec. 46 w.e.f. 1-4-1973. 2.Substitutedby Act 18 of 1992, sec. 95, for "Notwithstanding anything contained in clause(i) of sub-section (1) of section 5, where any property is held" w.e.f.1-4-1993. 3.Substitutedby Act 33 of 1996, sec. 58, for "Where any property is held" w.e.f 1-4-1993. 4.Substitutedby Act 21 of 1984, sec. 39(b)(1) w.e.f. 1-4-1985. 5.Omittedby Act 18 of 1992, sec. 95(b) w.e.f. 1-4-1993. 6.Second Proviso omitted by Act 18 of 1992, sec. 95(c) w.e.f. 1-4-1993. 7.Insertedby Act 21 of 1984, sec. 34(b)(2) w.e.f. 1-4-1985. 8.Substitutedby Act 18 of 1992, sec. 95(d)(i), for "Provided also that". 9.Substitutedby Act 18 of 1992,.....
View Complete Act List Judgments citing this sectionThe Code of Criminal Procedure, 1973 Complete Act
State: Assam
Year: 1973
.....believing that an examination of his person will afford evidence as to the commission of an offence, it shall be lawful for a registered medical practitioner, acting at the request of a police officer not below the rank of sub-inspector,and for any person acting in good faith in his aid and under his direction, to make such an examination of the person arrested as is reasonably necessary in order to ascertain the facts which may afford such evidence, and to use such force as is reasonably for that purpose. (2) Whenever the person of a female is to be examined under this section, the examination shall be made only by, or under the supervision of, a female registered medical practitioner. Explanation.-In this section and in section 54, "registered medical practitioner" means a medical practitioner who possesses any recognized medical qualification as defined in clause (h) of section 2 of the Indian Medical Council Act, 1956 ( 102 of 1956) and whose name has been entered in a State Medical Register. 54. Examination of arrested person by medical practitioner at the request of the arrested person. When a person who is arrested, whether on a charge or otherwise alleges, at.....
List Judgments citing this sectionThe Code of Criminal Procedure, 1973 Complete Act
State: Rajasthan
Year: 1973
.....issued by the State Government on or after the 2nd day of December, 1974 and before the commencement of the Code of Criminal Procedure (Amendment) Act, 1978 (Central Act 45 of 1978) purporting to establish any special Court of the Judicial Magistrate of the first class having jurisdiction over more than one district shall be deemed to have been issued under section 11 of the said code as amended by this Act and accordingly such notification issued and any act or proceeding done or taken or purporting to have been done or taken by virtue of it shall be deemed to be and always to have been valid" [Vide Kerala Act 21 of 1987 Punjab: In sub-section (1) of section 11, insert the following new sub-section:" "(1-A) The State Government may likewise establish as many Courts of Judicial Magistrate of the first class in respect to particular cases or to particular classes of cases, or in regard to cases generally, in any local area "[Vide Punjab Act 9 of 1978, sec 2 (wef 14-4-1978) Rajasthan: In sub-section (1) of section 11, the following new sub-section shall be inserted, namely:" "(1-A) The State Government may likewise establish as many Courts of Judicial Magistrate of.....
List Judgments citing this sectionThe Code of Criminal Procedure, 1973 Complete Act
State: Himachal
Year: 1973
.....believing that an examination of his person will afford evidence as to the commission of an offence, it shall be lawful for a registered medical practitioner, acting at the request of a police officer not below the rank of sub-inspector, and for any person acting in good faith in his aid and under his direction, to make such an examination of the person arrested as is reasonably necessary in order to ascertain the facts which may afford such evidence, and to use such force as is reasonably for that purpose. (2) Whenever the person of a female is to be examined under this section, the examination shall be made only by, or under the supervision of, a female registered medical practitioner. Explanation.-In this section and in section 54, "registered medical practitioner" means a medical practitioner who possesses any recognized medical qualification as defined in clause (h) of section 2 of the Indian Medical Council Act, 1956 ( 102 of 1956) and whose name has been entered in a State Medical Register. 54. Examination of arrested person by medical practitioner at the request of the arrested person. 54. Examination of arrested person by medical practitioner at the request of the.....
List Judgments citing this sectionCode of Criminal Procedure, 1898 Complete Act
State: Central
Year: 1898
.....(2) of Section 5, for the words 'but subject to any enactment', substitute the words 'but, save as otherwise provided by this Code, subject to any enactment'. [W.B. Act 8 of 1970, Section 3 and Sch., item 2]. (1) All offences under the Indian Penal Code shall be investigated, inquired into, tried and otherwise dealt with according to the provisions hereinafter contained. Trial of offences against other laws (2) All offences under any other law shall be investigated, inquired into, tried, and otherwise dealt with according to the same provisions, but subject to any enactment for the time being in force regulating the manner or place of investigating, inquiring into, trying or otherwise dealing with such offences. PART 2 CONSTITUTION AND POWERS OF CRIMINAL COURTS AND OFFICES: CHAPTER 2: OF THE CONSTITUTION OF CRIMINAL COURTS AND OFFICES: SECTION 6: Glasses of Criminal Courts: Besides the High Courts and the Courts constituted under any law other than this Code for the time being in force, there shall be five classes of Criminal Courts in [India], namely,- : State Amendments GUJARAT.-In its application to the State of Gujarat the amendment made in Section 6 is the.....
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