Amendment status not verified — confirm the current text below against the official source.
(1) Every manager appointed by the court shall manage the property placed under his charge diligently and faithfully and shall- (a) give such security, with such sureties, if any, as the court thinks fit, for the due discharge of the trusts of his office and for the due account of all property and moneys which come into his control or possession by reason of his office; (b) keep such accounts in such form and submit them at such times as the court may direct; (c) deal with all moneys received by him in such manner as the court may direct; (d) obtain the sanction of the court to any act which may involve the property in expense not previously sanctioned by the court; (e) be responsible for any loss occasioned to the property under his management by his negligence or wilful default; and every such loss shall be recoverable from him and from his sureties, if any, as an arrear of land revenue; (f) continue liable to account to the court after he has ceased to be manager for his receipt and disbursements during the period of his managership. (2) The manager shall be paid such allowance out of the property of the ward as the court thinks fit.