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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: • Act prudently • Protect and preserve the trust property • Avoid self-dealing or conflict of interest • 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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