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Best Deals & Download PDF eBook The Law of Trusts in British India by William Fischer Agnew

The Law of Trusts in British India by William Fischer Agnew

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William Fischer Agnew
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The Law of Trusts in British India

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Excerpt from The Law of Trusts in British India

At the time when these lectures were delivered by Mr. F. W. Agnew, the Law of Trusts in British India was no more than the law of England administered in the Indian territories. The Indian Trusts Bill was then on the anvil and in the year following it became law. It was a statutory expression of the law of private trusts, but for reasons unknown, the Act has not been extended in its operation to the whole of British India. The Statutes of Elizabeth on Fraudulent Conveyances have been replaced by the provisions of the Transfer of Property Act and that of Victoria on Insolvent Debtors by the Provincial and the Presidency-Towns Insolvency Acts. The Official Trustees' and Administrator-General's Acts have been revised and re-enacted.

In the field of public trusts the Charitable Endowments Act is the sole piece of legislation. Beyond relieving the Government of its responsibility for the working of some institutions of public interest, the Religious Endowments Act has done no real good but the lethargy of the Legislature has conferred on it an ill-deserved longevity. The Charitable and Religious Trusts Control Act has now been passed and the merits of the measure must rest for future appreciation.

To the learned Judiciary, the chapters on Benami Transactions and Religious Trusts owe their particular magnitude.

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