AD 1891.]
BANKRUPTCY.
[No. 7.
47
(3) An order of the Court releasing the Trustee shall discharge him from all liability in respect of any act done or default made by him in administration of the affairs of the bankrupt or otherwise in relation to his conduct as Trustee, but any such order may be revoked on proof that it was obtained by fraud or by suppression or concealment of any material fact.
(4) Where the Trustee has not previously resigned or been removed, release shall operate as a removal of him from his office, and thereupon the Official Receiver shall be the Trustee.
Official Name:
66 The Trustee may sue and be sued by the official name of "The Trustee of the property of A.B., a bankrupt," and in that name may hold property of every description, make contracts, enter into any engagements binding on himself and his successors in office, and do all other acts necessary or expedient to be done in the execution of his office.
Official name and general powers of Trustee.
46 & 47 Vict. c. 52 s. 83.
Miscellaneous Matters.
Trustee. Ib. s. 86.
67 If the Court is of opinion that the Trustee is guilty of misconduct or neglect, or if the Trustee is insolvent, or if the Court is satisfied that the interests of the creditors require it, the Court may remove the Trustee from office and appoint some other person in his place.
Removal of Trustee.
68 (1) The Trustee may from time to time summon general meetings of the creditors for the purpose of ascertaining their wishes, and the directions given at any such general meeting shall, subject to the provisions of this Ordinance, be followed as far as possible, notwithstanding that they may conflict with the directions of the Committee of Inspection.
The Trustee may apply to the Court for directions in relation to any particular matter arising under the bankruptcy.
69 (1) If the bankrupt, or any creditor, or any other person aggrieved by any act or decision of the Trustee, he may appeal to the Court, and the Court may confirm, reverse, or modify the act or decision complained of and make such order in the premises as it may think just.
Any such appeal shall be brought within a week of the act or decision complained of. Provided that the Court may, subject to such conditions as it may think just, allow an appeal at any time on good cause shown.
Ib. s. 90.