AD–751

LL.B. Semester–VIII (Five Years Degree Course) Examination

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LAW OF TRUSTS

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(Law Relating toTrust, Equity and Fiduciary Relationship)
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Paper—II

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Time : Three Hours] [Maximum Marks : 80

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Note :— (1) Solve in all seven questions including Question No. 1 which is compulsory and carries
20 marks.

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(2) All other questions carry 10 marks each.

1. Write short notes on any four :

(a) Executed and Executory Trust
(b) Doctrine of Cypres
(c) Charity Commissioner
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(d) Equality is equity
(e) Trust arising by operation of law E m
(f) Equity and the common law E G
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(g) Fiduciary Relationships
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Define "Trust", "Trustee" and "Beneficiary". Distinguish trust from contract and agency.
3. Discuss in detail the classification of Trusts according to mode of creation of trust.
4. Explain in brief the provisions relating to extinction of Trust under the Indian Trusts Act, 1882.
5. What is meant by 'Public Trust' ? Explain the process of registration of Public Trust under
Maharashtra Public Trust Act.
6. What is equity ? Explain the nature, origin and growth of equity in India.
7. Discuss in detail the rights and liabilities of beneficiary, under the Indian Trusts Act.
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State the various duties and liabilities of Trustees mentioned under the Indian Trusts Act.
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What is revocation of a trust ? Discuss the circumstances when a trust may be revoked.
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10. Explain in brief the rules for creation of valid trust.
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11. Write an explanatory note on – 'Certain obligations in the nature of Trusts'.
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