Question
Which of the following is not an essential party to the
creation of a valid trust?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.
Which of the following statement is correct?
Whoever by words, either spoken or written, or by signs, or by visible representation, or otherwise, brings or attempts to bring into hatred or contempt...
Under Section 16(1) of the Environment (Protection) Act, 1986, for company offences, who is deemed guilty along with the company?
Who can decide the language for the arbitral proceedings as per the Arbitration and Conciliation Act?
As per Section 9(4), subject to sub-section (3), if the Central Vigilance Commissioner and other Vigilance Commissioners differ in opinion on any matter...
Under the Indian Contract Act, 1872, where a person lawfully does anything for another person, not intending to do so gratuitously, and such other perso...
The State Chief Information Commissioner and the State Information Commissioners shall be appointed by the Governor on the recommendation of a committee...
Section 3 of PMLA deals with which of the following?Â
Who must authenticate a mediated settlement agreement?
An oral arbitration agreement:Â
