Mobile View
Main Search Forums Advanced Search Disclaimer
Loading...
User Queries
[Section 10] [Complete Act]
Central Government Act
Section 10(b) in The Indian Trusts Act, 1882
(b) A transfers certain property to B in trust to sell it and to pay out of the proceeds A' s debts. B accepts the trust and sells the property. So far as regards B, a trust of the proceeds is created for A' s creditors.
1. See s. 11 of the Indian Contract Act, 1872 (9 of 1872 ).