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Section 17 – The Indian Trusts Act, 1882

The Indian Trusts Act, 1882

 

17. Trustee to be impartial

 

Where there ire more beneficiaries than one, die trustee is bound to be impartial, and trust not execute the trust for the advantage of one at the expense of another.

 

Where the trustee has a discretionary power, nothing in this section shall be deemed to authorize the Court to control the exercise reasonably and in good faith of such discretion.

 

Illustration

 

A, a trustee for B, C and D is empowered to choose between several specified anodes of investing the trust-property A in good faith chooses one of these modes. The Court will not interfere, although the result of tile choice may be to vary the relative rights of B. C and D.

 

 

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The Indian Trusts Act, 1882

 

Indian Laws – Bare Acts

 

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