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The Trusts Act, 1882

( ACT NO. II OF 1882 )

Chapter III

OF THE DUTIES AND LIABILITIES OF TRUSTEES

No set-off allowed to trustee
24. A trustee who is liable for a loss occasioned by a breach of trust in respect of one portion of the trust-property cannot set-off against his liability a gain which has accrued to another portion of the trust-property through another and distinct breach of trust.

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