Question
Who can create a trust under the Indian Trusts Act,
1882?Solution
Section 7 of the Indian Trusts Act, 1882, specifies that a person competent to contract under the Indian Contract Act, 1872, can create a trust. A minor, being incompetent to contract, cannot create a trust, but a company can do so if permitted by its memorandum of association.
Which country signed an FTA with India in May 2025, estimated to boost bilateral trade by £25.5 billion annually by 2040?
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