Law of Trust, Equity and Fiduciary Relations
Mahatma Jyotiba Phule Rohilkhand University · LL.B. Semester 6
Unit 1 — Trust
a) Concept of trust · b) Nature And Definition of Trust · c) Distinction between agency and contract · d) Kinds Of Trusts · e) Constructive Trust · f) Creations Of Trusts · g) Charitable Trusts and their Distinction with Private Trusts · h) Public trust doctrine · i) Rights, Duties, Powers, And Liabilities of Trustees · j) Rights And Liabilities of Beneficiaries · k) Extinction Of Trust
Unit 2 — Equity
a) Origin And Growth of Equity · b) Fusion Of Common Law and Equity Jurisdiction · c) Position Of Equity Under the Indian Legal System · d) Doctrine of Equity · e) Election, Mortgage once a mortgage always a mortgage. · f) Clog on redemption, Foreclosure · g) Maxims Of Equity: · • Equity Will Not Suffer Harm to Be Without Remedy · • Equity Follows the Law · • Where Equities Are Equal the Law Shall Prevail · • Where Equities Are Equal the First in Time Shall Prevail · • He Who Seeks Equity Must Do Equity · • He Who Comes to Equity Must Come with Clean Hands · • Delay Defeats Equity · • Equality Is Equity · • Equity Looks to The Intent Rather Than to Form · • Equity Acts in Personam