Bare ActsThe Indian Trust Act, 1882

Section 24

No set-off allowed to trustee.

Amendment status not verified — confirm the current text below against the official source.

A trustee who is liable for a loss occasioned by a breach of trust in respect of one portion of the trust-property cannot set-off against his liability a gain which has accrued to another portion of the trust-property through another and distinct breach of trust.

Amended up to 2019-02-25View on India Code →
Section 24 – The Indian Trust Act, 1882 | DailyLaw.ai