As per Lawkidunya, Under the Guardians and Wards Act, 1890, a guardian has the following rights to manage the property of the ward:

General Rights

1. Right to Manage Property: A guardian has the right to manage the property of the ward, including immovable and movable property.
2. Right to Collect Income: A guardian has the right to collect the income from the property of the ward.
3. Right to Pay Debts: A guardian has the right to pay debts and liabilities from the property of the ward.

Specific Rights

4. Right to Lease Property: A guardian has the right to lease the property of the ward for a period not exceeding five years.
5. Right to Mortgage Property: A guardian has the right to mortgage the property of the ward for a period not exceeding five years.
6. Right to Sell Property: A guardian has the right to sell the property of the ward, but only with the permission of the court.
7. Right to Invest Funds: A guardian has the right to invest the funds of the ward in a manner that is in the best interest of the ward.

Limitations on Rights

8. Court Approval Required: A guardian requires the approval of the court to sell, mortgage, or lease the property of the ward.
9. Protection of Ward’s Interests: A guardian must act in the best interest of the ward and protect the ward’s property and financial interests.
10. Accountability: A guardian is accountable to the court for the management of the ward’s property and must provide regular accounts and reports.

Powers of Court

11. Power to Appoint Receiver: The court has the power to appoint a receiver to manage the property of the ward if the guardian is unable or unwilling to do so.
12. Power to Remove Guardian: The court has the power to remove a guardian if the guardian is not acting in the best interest of the ward or is mismanaging the ward’s property.