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Section 95 – The Indian Trusts Act, 1882

The Indian Trusts Act, 1882

 

95. Obligator’s duties, liabilities and disabilities

 

The person holding property in accordance with any of the preceding sections of this Chapter must, so far as may be, perform the same duties, and is subject so far as may be, to the same liabilities and disabilities, as if he were a trustee of the property for the person for whose benefit he holds it:

 

Provided that (a) where he rightfully cultivates the property or employs it in trade or business, he is entitled to reasonable remuneration for his trouble, skill and loss of time in such cultivation or employment; and (b) where he holds the property by virtue of a contract with a person for whose benefit he holds it or with any one through whom such person claims, he may, without the permission of the Court, buy or become lessee or mortgage of the property or any part thereof.

 

 

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The Indian Trusts Act, 1882

 

Indian Laws – Bare Acts

 

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