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of <h1>Beneficiaries' Rights Under Indian Trusts Act, 1882: Section 63 Details Claims on Converted or Transferred Trust Property.</h1> Section 63 of the Indian Trusts Act, 1882, addresses the rights of beneficiaries when trust property is transferred to third parties or converted into other forms. If trust property is held by a third party in accordance with the trust, the beneficiary can request a formal acknowledgment or seek a legal declaration that the property is part of the trust. If a trustee wrongfully disposes of trust property, and the proceeds can be traced, the beneficiary retains rights similar to those over the original property. Illustrations clarify that beneficiaries can claim converted property or impose charges for misused trust funds.
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