Forfeited beneficiary interest obliges trustee to hold and administer trust property as directed by State government. When a beneficiary's interest is forfeited or adjudicated to the Government, the trustee must hold the corresponding portion of the trust-property for the ... Summary
Forfeited beneficiary interest obliges trustee to hold and administer trust property as directed by State government.
When a beneficiary's interest is forfeited or adjudicated to the Government, the trustee must hold the corresponding portion of the trust-property for the benefit of that person and administer it in the manner directed by the State Government.
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