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Trust General

The document discusses the concept of trusts in law, particularly focusing on their development and application in various legal systems, including English and Indian law. It highlights the distinctions between different types of trusts, their origins, and the role of equity in managing trusts. Additionally, it addresses the implications of trusts in relation to property ownership and beneficiary rights.

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2karangupta
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0% found this document useful (0 votes)
7 views5 pages

Trust General

The document discusses the concept of trusts in law, particularly focusing on their development and application in various legal systems, including English and Indian law. It highlights the distinctions between different types of trusts, their origins, and the role of equity in managing trusts. Additionally, it addresses the implications of trusts in relation to property ownership and beneficiary rights.

Uploaded by

2karangupta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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nurse.

"
Wasthe one be of the and but been have Engiish as anthe
there
for way Equity. Centre contract.
institute
.Maitland
established necessaries the Discuss.
equity". Trust most
the in A Parents
According According of cultivated which, in been is
trust the ordinary the lawyers.
and nothing
use
which is important
nevertheless,
contemplation applied the This of
of may of intention Ka
and it trusts to io and state rnel very said"Of
great
to business quite perhapslt
arisescomne Halsbury, exigencies
Bacon,conveniences to ofINTRODUCTORY
in of of a
seems
were great like
elasticity the is
trust may into another." "A society, are
of forms
toinvention all Chapter IX
Fraud "Trust trust of
variety According in TRUSTS
for be,being human
of thethose branch a the
X. where very foreign us and
57 when and is
times to ofnatural almost the exploits
A in is the families,
various life, of of
who important generality
most and
is A Fear the wealth cases, law."
the binding come. originally Equity toessential
transfers very requires attendants Storey, distinctive development of
and
owner ways of is which equity,
aCentre of commerce, widely jurisprudence. and as
court that introducednever "Trusts elastic,
to
ofhis but the
uponcomprehensive civilization achievement the
property,
property a of conscience and trusts diffused, of
veryconscience could constitute as largest
trust.
Karnel and a
simple should refinedthem, Trusts general,
Xto even and have and It
is B of of of isand
Woman. that
person
belonging or
a lien, heir
not inherit such
Trusts (the brought the law. law, degreein foreign on According Opus Trusts
titleholder. an but
prescribed,
progenies courts t
concept"use"
he anybody legal isboundbound found la w thelegal ofthe 58
not had Underbeneficiary)
matters rights From being Maitlandmeans The
disassociated obligation begindrniaoblnwback. in the
in in to to
g igationscoulbenefi
d
probable, other owner a
t beneficiary
his but
a Roman to of
the of thing" origin course
property.
posthumous Roraan bear a verv to English orholdcarry way property
nor as on toInwas not of
hito
s a cestiui very Equity, hand,maintainsMaitland
and damage
of was out, of the X.and
to limited descent
had upon similar, his and out
that from trust from enforce enforce so tim ne not There Bisand
law, Law que that behalf. Law attached
the
own He no beginning it were,expressed
those it.
manage Equity was B
is
choice
child a such and the trust the
where can legal
ingenuity that this within
reposed. Equity,
family would citizen
in in there that
In
Amoral B this were to a
therules as term be trust the towas its B's look
outside right the
their theirtrusts, trust
is old title
obligationcourts hus
trustee Trust
not insofar analogous
like. of the
nothing ascertained
isthe thobligation
us arrangement of
nor, whi le chancellors nature,origin, which French
did property,
and
recognised competence According th tie also, mnoral after in and
give ofThe the view derived modern the
with
arises the
his asownership. English not confidence whereby chancery
lawyers
ju dges asobligations.
it English
whomMortgage
to
nor hiappointing
s testamentary
family, he a Roman to to are "Roman that this in
certain
derived come from from and "equity co
the when
to could an favour as
waswhich propertyconfidence by
because
moral common
inheritance a seem exclusively "i t became trust not
'fidei land estate "fidei the the quite
nor from aboutis to the reposed and
not has beneficial
interest
is to ofhis was,
legalfollowed enforcing
a law in to in
England al Latin ancient givto
exceptpostihoumous
ns, to conmmissaris comnissa" e X.
consCienc. difficult its manage law, A
as the
awoma,toappont land. have the it".
cognizable it B owno and prominent common the
an oes,develoned
was the
regards treated
in away was
owner
child alien They Rcman highestStorey, "as IUSes. Ops Enzlish in it
Ad the thus law, the
of a 8es for the
Muslims. or of s Known Sense n ActPublic
, mertion be a Trust Trusts trusts a whinheritance as
thethe
with onThe daughter, for niDerore some mentioned double
incluaing
System
India.Explain
bet w een o le ga l
his which heirl,at er To
principal Inpretty country. of (3) i) (1) of tprraonsfhiebrited rterqa1'nsfester
was rul es,
English the Own under Under
or the
the to the Trust. that
person the relation
division Chancellor.
estates, In the
became Both following
BothEnglish
from
OCCurrence
frequent advent and is ownership, personS, property of the that uponperiodevade
Course
step-daughter word, The trust various uses trustee's fedei would, heirhis and these
ltahwe maintenance As confined here position Indian were, were real
e.nactments often or of
observed word was exists.
of and
therecognised
and law:
commissa points
beingobject
accompanying
whom of
of to where that designed restrictions, the
time, he persons
tcreated legal legal ownership,
ofLaw legal sense at from
tounknownthe these trusts, first, made
'C haritable' In
of Republic
British
orand by property and may
of the Introductory
heir,
a
private trust confidence and term
subject onthe Trust, the of
the law Stokes, byfor must thethere and left to the living
the
ulterior an honour, evade betestator's the
daughtamongst
er-in-law rule the the trusts Act to is in Roman noequitable, for was of
of on
subject is isequitable
Hindu entorceable Romannoted
appointing method
does are personappointment
not it
their
and used the doublecontinue
trust trusts "Trusts Hindu
benefit vested no towould
only. to the bounty
purpose,
the by
strict law, of but prohibited another
haviasng the simultaneous necessity
vested fulfilment law, law by by was
administration and ofmore where not andexist. English
But apply as the way devolve
became native and created
defined Muslimexistence sense there by and way and contrived,a
other trusts long process specified by
qualified
for Muslim
follows- a or It a
to in
Magistrate the of of from who accordinga
clcodified
ose whether her a by less is
lawyers, in was two
as two to gift. direction
persons Charitable in in laws.
necessary comparison
uses receiving
which the although
an of alikeabsolutely the the of estate. different
nothe distinct of person personduring
resemblance in
children,widow, justice
old It which is such trust timeheir's and
Hin dus even were wider Trust may that or or to
Ladia. for or to the
are man a in
(3) made endowments. received, then (2) There into
control
to 60
worship.
teachingadministration
ordoes athewhich e to and
and thbound (1)
The The
Governments
Commissioners
officers Indian The
bill as
appication India all
Commi
intervention
t ees
advancement Act does (c) (b) (a) circulated are The
notincludes This precedents ready to Religious
direct
Charitable administer, made
without Indian Local
considered
measure, of were The
legislation Some
presumes time;
the of in it in and
include
religious Act not Some was Religious
for the the Trust almade
comprising The Bombay and to
l stbject
the
was Governments. apply 24
superitransferred
ntendence
reliefPurposesof Trusts Act premature others direction found of applied
originally Act Endowments
of that, Act a the the local drawn assections by
Endowments courtguide might and any to
Endowment
oficet s
purpose anyproperty to provision it was
(Punjab, (l Equity,
for contains Governments that
opinions
instead Act, advisableGovernment absolutely Governments. to of e
ththeir
of to
their public but
altogether of
th e personin
other threlief
e and be 1882) Trust
held 15 follow. codifying Act
which Theits 1882 leftmight it Madras, ofwhole
the functions and
sections decisions, of no interested Government divestedAct (XX and
objectpoor, assistance.
difference
the that or suggested select Act
in Act law
private entirely
is to
necessary. in
(Bengal) Mortgnge
relates trust courts be thought
pass advance the of of
education, whichconfined NWP When
ofprovides (VI mnade British
Indiam,
settledby in of of 1863)
general the Trust the managers
the
exclusively for of groupng principlesfor religious
to itthat considered religious
the
the etc.) India. trust
charitable 1890) principleswould be the that as that of
Law concerringreplies
only to if civil
p m for courts discretion an opines thsuat
ch the
the of or or
insttufigm
institution
the the
publmedi
ic cal the private
charitableor requrement the of The Managyg
courts
anticipator
localLegislature legislation, the
measures country It,
to vesting were Nerelocal on
utility, trust ofextent
nu the
but and
m (4
providing more (4)TheThe
c) (b) (a) effectsections
ual There
of
expenditure court a
Making Enablingtrusts.
such are
Facilities Charitable
matters.
certainon control 12
trusts.
special trustees for
incurred
and
over
obtaining Religious
Introductory
provisions of the in
such the
in charitable
certain trusts
information Act
Trusts
for which
suits to
the obtain and Act
against religiousseeks (XIV
payment regarding
the
to of
the direction
ensure 1920)
trusts
trustees of
the such 61
of by a

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