Question

    Which of the following is not an essential party to the

    creation of a valid trust?
    A Author of the trust Correct Answer Incorrect Answer
    B Trustee Correct Answer Incorrect Answer
    C Beneficiary Correct Answer Incorrect Answer
    D Registrar of Trusts Correct Answer Incorrect Answer
    E Trust property Correct Answer Incorrect Answer

    Solution

    Under the Indian Trusts Act, 1882, a valid trust requires: • An author of the trust (also known as settlor) – [Section 3] • A trustee • A beneficiary • A trust property • A lawful purpose and clear intention to create a trust There is no requirement for a "Registrar of Trusts" in the statutory formation of a private trust under the Indian Trusts Act. While registration may be required under other laws (like the Registration Act, 1908), the Registrar is not a party to the trust deed.

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