shares including dividend thereon. Section 7 of the Indian Trusts Act, 1882 provides that a trust may be created by a person who is competent ... Indian Trust Act may be created for any lawlul purpose and if the purpose is fraudulent, the trust is void. The trust created by Mahendra
debts; or if a man
promises to perform a secret trust, or a trust void
for want of writing, by the Statute of Frauds
debts; or if a man promises to perform a
secret trust, or a trust void for want of writing,
by the Statute of Frauds
debts; or if a man promises to
perform a secret trust, or a trust void for want of
writing, by the Statute of Frauds.
SCCH
power under their trust deeds to join partnership on behalf of the trusts. Therefore, there was a breach of trust in formation of the partnership ... trust deed. Now the question remains whether this action of the trustees, for which they are empowered under the trust deed, is void or voidable
debts; or
if a man promises to perform a secret trust, or a trust void for
want of writing, by the Statute of Frauds
debts; or
if a man promises to perform a secret trust, or a trust void for
want of writing, by the Statute of Frauds
Creation of Trusts
4. Lawful purpose.
- A trust may be created for any lawful purpose. The purpose of a trust is lawful unless ... trust to apply the profits to the nurture of female foundlings to be trained up as prostitutes. The trust is void. (b) A bequeaths property
State Of Maharashtra vs Sant Dnyaneshwar Shikshan Shastra ... on 31 March, 2006
Author: C.K
State Act which impinge upon the provisions of the
Central Act are void and, therefore, unenforceable. It is
for these reasons that the appointment ... High Power
Committee by the State Government to inspect the respondent-
Trust was void as has been rightly held by the High Court
