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or persons claiming to be creditors in respect of any debts provable under the bankruptcy, (h) make such compromise or other arrangement as may be thought expedient with respect to any claim arising out of or incidental to the property of the bankrupt, made or capable of being made on the trustee by any person or by the trustee on any person;
(i) divide in its existing form amongst the creditors, according to its estimated value. any property which from its peculiar nature or other special circumstances cannot be readily or advantageously sold.
The permission given for the purposes of this section shall not be a general permission to do all or any of the above-mentioned things, but shall only be a permission to do the particular thing or things for which permission is sought in the specified case or
cases.
manage
62. The trustee, with the permission of the com- Power to mittee of inspection, may appoint the bankrupt allow bank. himself to superintend the management of the rupt to property of the bankrupt or of any part thereof, or to property. carry on the trade (if any) of the bankrupt for the 4 & 5 Geo. 5, benefit of his creditors, and in any other respect to c. 59, s. 57. aid in administering the property, in such manner and on such terms as the trustee may direct.
63. The trustee may from time to time, with the Allowance permission of the committee of inspection, make such to bankrupt allowance as he may think just to the bankrupt out for mainte- of his property for the support of the bankrupt and nance or his family, or in consideration of his services if he 4 & 5 Geo. 5, is engaged in winding up his estate, but any such c. 59, s. 58. allowance may he reduced by the court.
service.
64. Where any goods of a debtor against whom a Right of receiving order has been made are held by any trustee to person by way of pledge, pawn, or other security, it inspect shall be lawful for the Official Receiver or trustee, goods
pawned, &c. after giving notice in writing of his intention to do 4 & 5 Geo. 5, so, to inspect the goods, and, where such notice has c. 59, s. 59. been given, such person as aforesaid shall not be entitled to realise his security until he has given the
stee a reasonable opportunity of inspecting the goods and of exercising his right of redemption if he thinks fit to do so.
relation to
65. Where the property of a bankrupt comprises Limitation the copyright in any work or any interest in such of trustee's copyright, and he is liable to pay to the author of powers in the work royalties or a share of the profits in respect copyright. thereof, the trustee shall not be entitled to sell, or 4 & 5 Geo. 5, authorise the sale of, any copies of the work, or to c. 59, s. 60. perform or authorise the performance of the work, except on the terms of paying to the author such sums by way of royalty or share of the profits as would have been payable by the bankrupt, nor shall he, without the consent of the author or of the court, be entitled to assign the right or transfer the interest or to grant any interest in the right by licence, except upon terms which will secure to the author payments by way of royalty or share of the profits at a rate not less than that which the bankrupt was liable to pay.
66. Where the Official Receiver or trustec has Protection seized or disposed of any goods, chattels, property, of Official or other effects in the possession or on the premises Receiver and or under the control of a debtor against whom a receiv- trustee from
personal ing order has been made, and it is thereafter made to liability in appear that the said goods, chattels, property, or certain cases. other effects were not, at the date of the receiving 4 & 5 Geo. 5,
c. 59, s. 61.