Principles of Equity and Trusts (Notes / Guide Books)

ANSWERS TO IMPORTANT QUESTIONS
SHORT NOTES
SOLUTIONS TO PROBLEMS
MINI / SHORT QUESTIONS /
FILL UP THE BLANKS FOR
THE INTERNAL EXAMS
ACCORDING TO THE NEW SYLLABUS & NEW EXAMINATION PATTERN
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Contents
UNIT-I: Concept and Definition of Equity - Origin and Development-Position in India and England Principal of Equity and Maxims - Application under the Statutes of India - Equitable Powers and Jurisdiction of Indian Courts.
UNIT -II: Maxims of Equity: "Equity will not suffer a wrong to be without a remedy."- "Equity follows the law." - "Where there is equal equity, the law shall prevail."- "Where the equities are equal equity, the law shall prevail."- "He who seeks equity must do equity."- "Who comes into equity must come with clean hands."
UNIT -III: Maxims of Equity (continued): "Delay defeats equities." - "Equality is equity."- "Equity looks to intent rather than to the form."- "Equity looks on that as done which ought to be done."- "Equity imputes an intention to fullfill an obligation of equity acts in personam."
UNIT-IV: Trust as an Institution - Meaning, history and evolution - The Indian Trust Act, 1882: Salient Features - Definitions: Trust, Author of the Trust, Trustee, Beneficiary, Trust Property, Beneficial Interest, Instrument of - Trust and Contract - Trust and Mortgage - Trust and
Agency - Trust and Ownership - Creation of Trusts - Of Trusts - "Who may become author, beneficiary and trustee?" - Public or Charitable
Trusts - Appointment, Retirement and Discharge of Trustees - Duties and Liabilities of Trustees - Rights and Powers of Trustees - Disabilities of Trustees - Rights and Liabilities of the Beneficiary - Extinction of Trusts - Certain Obligations in the Nature of Trusts
Unit-V: Specific Relief-the Specific Relief Act, 1963 - Purpose of Specific Relief - Recovering Possession of Movable and Immovable Property Specific Performance of Contracts Rectification of Instruments - Rescission of Contracts - Cancellation of Instruments - Declaratory Decrees - Preventive Relief-Injunctions - Perpetual and Temporary.
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Author Details
Gade Veera Reddy, B.Sc., LL.B., M.A., (M.B.A)
(Recipient of 5 Medals in Law) (K.U)
Advocate High Court, Kothi, Hyderabad - 500095, T.S.