Guardians and Wards Act : Fiduciary relation of guardian to ward Indian Bare Acts :

Guardians and Wards Act,1890

Act No : 8

Section : Fiduciary relation of guardian to ward

20. Fiduciary relation of guardian to ward.-(1) A guardian standsin a fiduciary relation to his ward, and, save as provided by the willor other instrument, if any, by which he was appointed, or by thisAct, he must not make any profit out of his office. (2) The fiduciary relation of a guardian to his ward extends toand affects purchases by the guardian of the property of the ward, andby the ward of the property of the guardian, immediately or soon afterthe ward has ceased to be a minor, and generally all transactionsbetween them while the influence of the guardian still lasts or isrecent.