Trust property sold to individual person? Any getting permission from civil court?
By
Kadhar
Hosur
kadhar 10 May 2023
Trust property sold to individual person? Any getting permission from civil court?
By
Kadhar
Hosur
RAKESH ISHI 10 May 2023
Before selling the trust property, the trustees must obtain the permission of the civil court having jurisdiction over the trust property. The trustees must apply to the court for permission to sell the property and provide reasons for the sale. The court will examine the reasons and may grant or refuse permission based on its assessment of whether the sale is in the best interests of the trust and its beneficiaries.