Skip to content

CS Executive · Setting Up of Business, Industrial and Labour Laws · Non-Corporate Entities

Under the Indian Trusts Act, 1882, which of the following is NOT a listed way in which a trustee may be discharged from his office?

Transferring the trustee's own personal property to a relative is not a ground of discharge. Under the Indian Trusts Act, 1882, a trustee is discharged only by listed means such as extinction of the trust, completion of duties, a new appointment, consent, or Court order.

  1. ACompletion of his duties under the trust
  2. BAppointment of a new trustee in his place under the Act
  3. COrder of the Court on a petition for his discharge
  4. DTransfer of the trustee's own personal property to a relativeCorrect

Explanation

Section 71 states that a trustee may be discharged only by extinction of the trust, completion of duties, means prescribed in the instrument, appointment of a new trustee, consent of himself and competent beneficiaries, or by the Court. Transferring his own personal property has no bearing on discharge.

Did you get it right without looking?

One question tells you little. A timed set on Non-Corporate Entities shows your real accuracy, how long you take and where you lose marks.

Practise Non-Corporate EntitiesFree diagnostic mock

More Non-Corporate Entities questions