Act Number: 2

Act Name: The Indian Trust Act, 1882

Year: 1882

Enactment Date: 1882-01-13

Long Title: An Act to define and amend the law relating to Private Trusts and Trustees.

Ministry: Ministry of Law and Justice

Department: Legislative Department

Section 33: Right to indemnity from gainer by breach of trust.
    A person other than a trustee who has gained an advantage from a breach of trust must indemnify the trustee to the extent of the amount actually received by such person under the breach; and where he is a beneficiary the trustee has a charge on his interest for such amount.
     Nothing in this section shall be deemed to entitle a trustee to be indemnified who has, in committing the breach of trust, been guilty of fraud.
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