Limitation of powers of guardian of property

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Limitation of powers of guardian of property

Unread postby Admin » Thu Jan 24, 2013 12:02 pm

Limitation of powers of guardian of property appointed or declared by the Court.
Where a person other than a Collector, or other than a guardian appointed by will or other instrument, has been appointed or declared by the court to by guardian of the property of a ward, he shall not, without the previous permission of the Court.
(a) Mortgage, or charge or. Transfer by sale, gift, exchange or otherwise any part of the immovable property of his ward; or
(b) Lease any part of that property for a term exceeding five years or for any term extending more than one year beyond the date on which the ward will cease to be a minor.
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