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.
Section 24: No set-off allowed to trustee.
The Indian Trusts Act, 1882Central Act · Act 2 of 1882
Where this provision sits
| Act | The Indian Trusts Act, 1882 |
|---|---|
| Section | 24 |
| Marginal note | No set-off allowed to trustee. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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