Statute of Limitations 1957

Exclusion of actions against trustees in cases of fraud or retention of trust property.

44

44.No period of limitation fixed by this Act shall apply to an action against a trustee or any person claiming through him where—

( a) the claim is founded on any fraud or fraudulent breach of trust to which the trustee was party or privy, or

( b) the claim is to recover trust property or the proceeds thereof still retained by the trustee or previously received by the trustee and converted to his own use.