A trust is created for the benefit of a third person called the beneficiary and the duties of the trust (to see that it functions properly) are carried out by the trustee. Who is a Trustee?T...
The Indian Trusts Act is one of India's most significant pieces of legislation. The objectives of trusts in India are governed by and protected by this statute. India's trust law is intricate a...
Criminal breach of trust is defined under Section 405 of the Indian Penal Code, 1860. This section describe it as 'dishonest misappropriation' or 'conversion to own use' another person's proper...
History This is not a completely new concept when the Indian trust act was brought into action lots of businesses operated as sole proprietorship's taking on debt and lending money to others a...
Decoding Mutual Funds Registered Under SEBI Mutual funds are registered under the Indian trust act 1882. They are private trusts that are publicly traded on the stock exchange. To understand ...
The Indian trusts Act of 1882 defines a Trust as an obligation annexed to the ownership of the property and arising out of a confidence reposed in and accepted by the owner or declared and acce...