Search results
Results from the WOW.Com Content Network
The Indian Trusts Amendment Bill of 2015 amended the Act and removed some restrictions on investment of the monetary assets by the trust in certain investments. But at the same time, it enabled the government to scrutinise the trusts' investments at will [ 1 ] [ 2 ]
Trust law in India is mainly codified in the Indian Trusts Act of 1882, which came into force on 1 March 1882. It extends to the whole of India except for the state of Jammu and Kashmir and Andaman and Nicobar Islands. Indian law follows principles of English law in most areas of law, but the law of trusts is a notable exception.
Negotiable Instruments Act 1881 26 Indian Trusts Act 1882 2 Transfer of Property Act 1882 4 Indian Easements Act 1882 5 Powers-of-Attorney Act 1882 7 Presidency Small Cause Courts Act 1882 15 Land Improvement Loans Act 1883 19 Panjab District Boards Act 1883 20 Explosives Act 1884 4 Agriculturists' Loans Act 1884 12
Events in the year 1882 in India. Incumbents Empress ... Indian Trust Act; Indian Easements Act; Documentary Evidence Act (British statute) Reserve Forces Act ...
A private trust, created under and governed by the Indian Trusts Act of 1882, aims at managing assigned trust properties for private or religious purpose.A private trust does not enjoy the privileges and tax benefits that are available for public trusts or NGOs.
However, trusts were used in this case because a corporation could not own other companies' stock and thereby become a holding company without a "special act of the legislature". [58] Holding companies were used after the restriction on owning other companies' shares was lifted. Judicature Act 1873 s 11, ‘equity shall prevail’. Indian ...
Amendment to negate judicial pronouncements on scope and applicability on Sales Tax. Zail Singh: 47th: Amend schedule 9. [55] 26 August 1984 Place land reform acts and amendments to these act under Schedule 9 of the constitution. 48th: Amend article 356. [56] 1 April 1985 Article 356 amended to permit President's rule up to two years in the ...
The constitution was drawn from a number of sources. Mindful of India's needs and conditions, its framers borrowed features of previous legislation such as the Government of India Act 1858, the Indian Councils Acts of 1861, 1892 and 1909, the Government of India Acts 1919 and 1935, and the Indian Independence Act 1947.