Central Act

33

Section 33. Right to indemnity from gainer by breach of trust.

The Indian Trusts Act, 1882

In forceAll India (Central Act)

33. Right to indemnity from gainer by breach of trust. A person other than a trustee who has gained an advantage from a breach of trust must indemnify the trustee to the extent of the amount actually received by such person under the breach; and where he is a beneficiary the trustee has a charge on his interest for such amount. Nothing in this section shall be deemed to entitle a trustee to be indemnified who has, in committing the breach of trust, been guilty of fraud.