Beneficiary - Law Dictionary Search Results
Release
of action, or of some claim or demand upon another person--most commonly, perhaps, the formal discharge given by beneficiaries to trustees on the winding-up of a trust. A trustee cannot ordinarily insist on a release under seal;
Registration of title of land
many important incumbrances, claims, charges and other matters included in the list contained in s. 70. Claims by beneficiaries and others which would be over-reached upon sale by trustees for sale or under the (English) Settled Land
Personal property
vesting the property absolutely in trustees and declaring that they shall hold it upon trust for the proposed beneficiaries either for life or otherwise as may be agreed. But even inequity personalty which has settled either by
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Person having interest
the purview of s. 50(ii) of the Act. That expression is wide enough to include not merely the beneficiaries of a temple, math, wakf etc. but also the trustees, Shree Gollaleshwar Dev v. Gangawwa Kom Shantayya Math,
Mutawalli
manager than a trustee and so far as the wakf property is concerned, has to see that the beneficiaries get the advantage of usufruct, Bibi Siddique Fatima v. Saiyed Mohammad Mahmood Hasan, AIR 1978 SC 1362 (1369):
survival action
would have had if he or she had survived. A wrongful death suit is concerned with injury to beneficiaries, not the decedent.
Consideration
open to the grantor to prove that the consideration was merely nominal. The consideration of marriage covers all beneficiaries within the consideration, that is to say, the children of the marriage. It is not the same as
Common quality
Common quality, The common quality uniting the potential beneficiaries into the class consists of being members of the Rana caste of community of Ahmedabad whether as natives
Breach of trust
gross fraud. But in all these cases alike the trustee is personally responsible at the suit of the beneficiaries for any loss which may have resulted, and the rules of equity on the subject were extremely strict
wrongful death action
of the decedent compare survival action NOTE: A wrongful death action is intended to compensate for injury to beneficiaries and not the injury to the decedent. The right to bring such an action is defined by statute.
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