Section 73 and 74 of the Indian Trusts Act, 1882, provides that a new trustee can be appointed in accordance with the provisions of the trust deed or by the court in specific circumstances, such as the death or incapacity of an existing trustee. Section 73 says that when a trustee cannot continue their role due to reasons like death, declining the position, being absent from India for six months, becoming insolvent, or being deemed unfit by a Civil Court, a new trustee can be appointed. The appointment can be made by a person named in the trust document or, if no such person exists, by the trust's creator (if alive and capable), the remaining trustees, the legal representative of the last trustee, or retiring trustees with the court's approval. The appointment must always be made in writing. The number of trustees may also be increased during this process. The Official Trustee can be appointed as the sole trustee with their consent and a court order. If a trustee named in a will dies before the testator, or if a retiring trustee is willing to assist in appointing a new trustee, those situations are also covered under this provision. These rules ensure the trust continues to function effectively, even when changes in trusteeship occur. Section 74 mentions appointment by Court - Whenever any such vacancy or disqualification occurs and it is found impracticable to appoint a new trustee under section 73, the beneficiary may, without instituting a suit, apply by petition to a principal Civil Court of original jurisdiction for the appointment of a trustee or a new trustee, and the Court may appoint a trustee or a new trustee accordingly.
Average age of a class of 33 students is 14 years. Average age of the class is increased by 18 months if the age of the teacher is included. Find the ag...
The average wage of a group of 44 labourers is Rs. 250. If 4 persons receiving average wage of Rs. 275 leave the group and 2 persons receiving average w...
Komal bought 20 kg rice for Rs 30 per kg, b kg rice for Rs 35 per kg and (b + 4) kg rice for Rs 25 per kg. She mixed all type of rice together and the a...
How many identical spherical marbles having a diameter of 4 cm can be made by melting a hemisphere of radius 28 cm? (Use π = 22/...
The average expenditure of a man for the first 7 month is Rs.5000 and for the next 5 months is Rs.8000. If he saves 12000 in that year then find his ave...
Find the average of all the numbers between 9 and 31, which are divisible by 5?
Out of three numbers the average of the first and the second number is 37 more than the average of the second and the third number. What is the differen...
A group of 15 students appeared for three tests. The overall average score across all tests is 70. The average score in the first test was 75, and in th...
There are two sections A and B of a class, consisting of 38 and 42 students, respectively. If the average weight of the students of section A is 55 kg a...
The average weight of five friends A, B, C, D and E is (x+8) years while the average weight of C and E is (x-8) kg. If the weight of another person F is...