Four Trustees who are themselves also the beneficiaries in a Testamentary Trust signed their acceptance of the Will/Trust deed by signing their names towards the bottom of the Will with the words "In Token of acceptance" and in presence of the Testator.
Later when the Will was submitted for probate, two amongst such Trustees contested the Will.
My questions are:
1) Is this permissible since Section 11 of Trusts Act say that Trustee is bound to execute the Trust?
2) Can Section 9 of Trusts Act be used to say that such Trustees by going against Trust Act loses their benefits as well in the Trust property?
3) Any other Sections can be applied to penalise such rogue Trustees?
