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- Choose the correct answer : 1×10=
(a) The word ‘Equity’ has Roman/ Greek origin. (b) ‘He who seeks equity must do equity’, stated by Joseph Story/ Isaac Watts. (c) The Rights of Trustee is dealt with in sections 26-30/31-35 of Indian Trust Act. (d) The Court of Chancery has been described as Court of Conscience/ Court of Equity. (e) A Trustee is empowered/ not empowered to delegate his office either to a co-Trustee or stranger.
Contd.
Total number of printed pages– 19 (Sem–6) EQTR 2021 EQUITY AND TRUST Paper : 6· Full Marks : 80 Time : Three hours The figures in the margin indicate full marks for the questions.
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(f) In common law jurisdiction ‘Equity’ is/ is not synonymous with ‘natural justice’.
(g) Doctrine of Equity is followed in the Specific Relief Act, 1963/ the Indian Contract Act, 1872.
(h) Injunction is considered as equitable remedy/ statutory remedy.
(i) Equity follows the law/remedy.
(j) The Chancery Court/ Supreme Court is a court of Equity.
- Write on the following : 2×5=
(a) Origin of Equity.
(b) Jurisdiction of Chancery Court.
(c) Kinds of Trust.
(d) Rights of beneficiary.
(e) Differences between Trust and Contract.
- “Equity is a branch of law”—Explain the origin and growth of Equity in India. 6+6=
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- Discuss the nature of equity and emergence of law of Trust from equity. 12 Or
Discuss the law relating to appointment and removal of a Trustee. 6+6=
- What is Breach of Trust? Discuss the various liabilities of a Trustee for Breach of Trust. 2+10=
Or “Equity will not suffer a wrong to be without a remedy”––Explain in details. 12
DISPUR LAW COLLEGE 100
