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    Question

    What is the primary duty of a trustee under the Indian

    Trusts Act, 1882?
    A To modify the trust deed if needed Correct Answer Incorrect Answer
    B To act solely for the benefit of creditors Correct Answer Incorrect Answer
    C To act according to the directions of the beneficiary Correct Answer Incorrect Answer
    D To execute the trust honestly and protect the trust property Correct Answer Incorrect Answer
    E To ensure the trust property appreciates in value Correct Answer Incorrect Answer

    Solution

    As per Section 11 of the Indian Trusts Act, 1882, a trustee is bound to fulfill the purpose of the trust and to obey the directions of the author of the trust, unless the directions are impracticable or unlawful. Additionally, the trustee must: тАв Act prudently тАв Protect and preserve the trust property тАв Avoid self-dealing or conflict of interest тАв Maintain proper accounts Their fiduciary duty is to manage the trust honestly, faithfully, and in the best interest of the beneficiary.

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