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of <h1>Trustee's Wrongful Purchase: Beneficiary Rights Under Section 62, Indian Trusts Act, 1882 Explained</h1> Section 62 of the Indian Trusts Act, 1882, addresses the wrongful purchase of trust property by a trustee. If a trustee wrongfully acquires trust property, the beneficiary can demand the property be declared subject to the trust or retransferred, provided it remains unsold or was purchased by someone aware of the trust. The beneficiary must repay the purchase price with interest and preservation expenses. The trustee or purchaser must account for profits, pay occupation rent if in possession, and allow deductions for property deterioration. This section does not affect rights of good faith lessees or if the beneficiary ratified the sale knowingly.
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