Question

Under the Indian Trusts Act, 1882, what happens if the trustee dies or becomes incapable of acting?

Q: Answer-Under the Indian Trusts Act, 1882, what happens if the trustee dies or becomes incapable of acting?...

Section 73 and 74 of the Act allows the appointment of a new trustee if an existing trustee dies, becomes incapable of acting, or is removed. This can be done according to the provisions of the trust deed or through a court order.

A The trust is automatically terminated

B The beneficiaries must manage the trust themselves

C A new trustee may be appointed as per the trust deed or by the court

D The settlor resumes control over the trust property

E The trust property is distributed among the beneficiaries

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Under the Indian Trusts Act, 1882, what happens if the trustee dies or becomes incapable of acting?

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