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        Trust and Society

        Section 52 - Trustee for sale or his agent may not buy.

        Indian Trusts Act, 1882
        Chapter 01

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        Prohibition on trustee purchase prevents trustees or their sale-agents from acquiring trust property directly or indirectly. A trustee charged with selling trust property and any agent engaged for that sale are prohibited from purchasing the trust property or any interest therein, directly or indirectly, on their own account or as agent for a third party, constituting a prohibition on self-dealing to protect beneficiaries' interests.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Prohibition on trustee purchase prevents trustees or their sale-agents from acquiring trust property directly or indirectly.

                              A trustee charged with selling trust property and any agent engaged for that sale are prohibited from purchasing the trust property or any interest therein, directly or indirectly, on their own account or as agent for a third party, constituting a prohibition on self-dealing to protect beneficiaries' interests.


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