LL.B III (Semester VI) Examination, 2017
Equity Trust
Day Date: Monday, 08-05-2017 Max Marks: 50
Time: 10.30 AM to 12.30 PM
Instructions. All questions are compulsory.
Figures to the right indicate full marks.
Q.1 Multiple Choice questions 05
Equity follows the
Law Persons Morality All of above
Obligation in the nature of trust is known to the law.
French Germany Japan English
The Bombay Public Trust Act received the assent of the
president in year
1940 1945 1950 1955
Under Section 4 of the Indian Trust Act, the purpose of a trust
is unlawful when it is
Forbidden by law
If it would defect the provisions of any law
If it is fraudulent
All the above
He who equity must do equity.
peeks takes seeks none of these
Fill in the blanks 05
A new trustee may be appropriate in the place of any original
or substituted trustee if he is for a continuous period of
months absent from India.
It is the general principle in the Law of Trusts that the, Trust
shall not be defected for want of
A trust does not fail for uncertainly.
The account kept under Section 32 of the Bombay Public Trust
Act, shall be balanced each year on the first day of or
such other day, as may be fired by the Charity Commissions.
Section 66 of the Bombay Public Trust Act, lays down
provisions for
Page 1 of 2
SLR-G-117
Q.2 Defines Trust and state the provisions under the Indian Trust Act for
the Appointment of New Trustee
10
Q.3 Write a detailed note on Public Trust Administration Fund 10
OR O
Discuss various modes of Extinction of Trust
Q.4 Answer in short (Any 04
Advantages by qualified owner
Doctrine of Cypress
Budget, Accounts Audit
Write a note 04
Discharge of Trustees
Q.5 Write short notes (any 12
Liability of Beneficiaries
Offences penalties
Charitable and religious Trust
Delay Defects equities