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Administrative control rule

Administrative control rule, means the rule making the grantor of a trust liable for tax if the grantor retains control that may be exercised primarily for the grantor's own benefit.

Actuarial Societies

Actuarial Society of India registered under the Societies Registration Act, 1860 (21 of 1860) and the Bombay Public Trust Act, 1950 [Bombay Act XXXIX of 1950, s. 2(b)].

Administrative deviation

Administrative deviation, means trustee's unauthorized departure from the terms of the trust, Black Law Dictionary, 7th Edn., p. 45.

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Act of Bankruptcy

acts of a debtor is an act of bankruptcy:- (a) Having made an assignment of his property in trust for his creditors generally. (b) Having made a fradulent conveyance, gift, delivery, or transfer of his property, or

Reposal

The act or state of reposing as the reposal of a trust

Abstract of title

statutory power of disposal, and in equity every purchaser taking property with notice (qu. vide) of any estate, trust, incumbrance, or interest affecting it took the property subject thereto, but legislation and the practice of conveyancers have

Abjuration

6 Geo. 3, c. 53) had to be taken by every person entering upon any public office or trust. By this he renounced the Pretender (the son of James II.) and recognized the right of Her Majesty,

Self reliance

Reliance on ones own powers or judgment self trust

Responsibility

The state of being responsible accountable or answerable as for a trust debt or obligation

Rely

integrity or ability of persons or of the certainty of facts or of evidence to have confidence to trust to depend with on formerly also with in

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