Guardians and Wards Act,1890
34. Obligations on guardian of property appointed or
declared by the court
Where a guardian of the property of a ward has been appointed or
declared by the Court and such guardian is not the Collector, he shall-
(a) if so required by the court, give a bond, as nearly as may
be in the prescribed form, to the Judge of the court to ensure for the benefit
of the Judge for the time being, with or without sureties, as may be prescribed
engaging duly to account for what he may receive in respect of the property of
the ward;
(b) if so required by the court , deliver to the court, within
six months from the date of his appointment or declaration by the court, or
within such other time as the court directs, a statement of the immovable
property belonging to the ward, of the money and other movable property which
he has received on behalf of the ward up to the date of delivering the
statement, and of the debts due on that date to or from the ward;
(c) if so required by the court, exhibit his accounts in the
court at such times and in such form as the court from time to time directs;
(d) if so required by the court, pay into the court at such time
as the court directs the balance due from him on those accounts, or so much
thereof as the court directs; and
(e) apply for the maintenance, education and advancement of the
ward and of such persons as are dependent on him, and for the celebration of
ceremonies to which the ward or any of those persons may be a party, such
portion of the income, of the property of the ward as the court from time to
time directs, and, if the court so directs, the whole or any part of that
property.