Indian Trusts Act, 1882
7. Who may create trusts
A trust may be created-
(a) by every person competent to contract, and
(b) with the permission of a principal civil court of original
jurisdiction, by or on behalf of a minor,
but subject in each case to the law for the time being in force
as to the circumstances and extent in and to which the author of the trust may
dispose of the trust property.