CS Professional · CSR and Social Governance · Societies and Trusts
A trust was created to build and hand over a school building to a municipal body. The trustee, Rajan, has constructed the building and handed it over as the trust required, and nothing further remains for him to do. Which mode of discharge under Section 71 of the Indian Trusts Act, 1882 best fits his position?
Rajan is discharged by completion of his duties under the trust. Section 71 lists this as a separate mode of discharge. He built and handed over the school as required, nothing remains to be done, and no replacement, consent or court petition is involved.
- AAppointment of a new trustee in his place
- BCompletion of his duties under the trustCorrect
- CConsent of himself and the beneficiary
- DDischarge by the Court on a petition
Explanation
Section 71(b) allows discharge by completion of the trustee's duties under the trust. Rajan has done everything the trust required. No replacement, consent or petition is mentioned in the facts, so the other modes do not apply.
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