Purchase by person contracting to buy property to be held for others

The Jammu and Kashmir Trusts Act, 1977

Civil197784 of 85 sections available4 chapters

Statutory text

Purchase by person contracting to buy property to be held for others.—Where a person contracts to buy property to be held on trust for certain beneficiaries and buys the property accordingly, he must hold the property for their benefit to the extent necessary to give effect to the contract.

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