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| Home > Business Law > Trust Law |
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| Removal of The Trustee |
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The beneficiary can file suit for removal of a trustee if the trust property is not held and administered by a proper trustee. The Indian trusts Act marks out the following individuals as not proper to under take duties of a trustee
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a person domiciled abroad
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an alien enemy
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a person having an interest in consistent with that of the beneficiary
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a person in insolvent circumstances
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a married woman or a minor (unless the personal law of the beneficiary such as Hindus allows a married woman or a minor).
Where the administration of the trust involves the receipt and custody of money, a beneficiary can file suit to have one more trustee if only one trustee has been appointed as per the trust instrument. |
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