Trust definition: separation of legal title and beneficial enjoyment establishing fiduciary obligations for beneficiaries. A trust is presented as an obligation attached to ownership separating legal title and beneficial enjoyment: a fiduciary arrangement where a trustee holds property nominally for beneficiaries, arising from confidence reposed in or declared by the owner, and reflected in the statutory formulation of the Indian Trusts Act, 1882.
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.
Trust definition: separation of legal title and beneficial enjoyment establishing fiduciary obligations for beneficiaries.
A trust is presented as an obligation attached to ownership separating legal title and beneficial enjoyment: a fiduciary arrangement where a trustee holds property nominally for beneficiaries, arising from confidence reposed in or declared by the owner, and reflected in the statutory formulation of the Indian Trusts Act, 1882.
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