Bankruptcy.
[CAP. 6
the trading and shall incorporate in the cash book the total weekly amount of the receipts and payments on such trading account.
(2) The trading account shall from time to time, and not less than once in three months, be verified by affidavit and the trustee shall thereupon submit such account to the committee of inspection (if any), or such member thereof as may be appointed by the committee for that purpose, who shall examine and certify the same.
Forms 147 to 149.
R337.
for release.
R338.
152, 153.
169. A trustee before making application to the court for his release shall give notice of his intention so to do to the Official Receiver, to all the creditors of the debtor who have proved their debts and to the debtor, and shall send with such notice a summary of his receipts and payments as trustee: Provided that where such application is made upon the trustee ceasing to act by reason of a composition having been approved under section 25 of the Ordinance, such notice and summary shall be sent to the debtor only.
Forms 137.
170. Where the court has granted to a trustee his release a notice of the order granting such release shall be gazetted. The fees shall be charged to the estate.
171. The release of a trustee shall not take effect unless and until he has duly delivered over all the books, papers, documents and accounts which by these rules he is required to deliver over on his release.
172. Where one-fourth in value of the creditors desire that a general meeting of the creditors may be summoned to consider the propriety of removing the trustee such meeting may be summoned by a member of the committee of inspection, or by the Official Receiver, on the deposit of a sum sufficient to defray the expenses of summoning such meeting.
of lease.
R150.
Delivery of books, etc., on release of trustee.
R340.
Meeting to consider removal of trustee.
R341.
account.
R342.
173. Where the trustee has an account at a bank he shall forthwith pay all moneys received by him into the credit of the estate. All payments out shall be made by cheque payable to order, and every cheque shall have marked or written on the face of it the name of the estate and shall be
403
Bankruptcy.
[CAP. 6
the trading and shall incorporate in the cash book the total weekly amount of the receipts and payments on such trading
account.
(2) The trading account shall from time to time, and not less than once in three months, be verified by affidavit and the trustee shall thereupon submit such account to the com- mittee of inspection (if any), or such member thereof as may be appointed by the committee for that purpose, who shall examine and certify the same.
Forms 147 to
R337. 149.
for release.
R338.
152, 153.
169. A trustee before making application to the court for Application his release shall give notice of his intention so to do to the Official Receiver, to all the creditors of the debtor who have Forms 137. proved their debts and to the debtor, and shall send with such notice a summary of his receipts and payments as trustee : Provided that where such application is made upon the trustee ceasing to act by reason of a composition having been approved under section 25 of the Ordinance, such notice and summary shall be sent to the debtor only.
170. Where the court has granted to a trustee his release Gazetting a notice of the order granting such release shall be gazetted. The fees shall be charged to the estate.
171. The release of a trustee shall not take effect unless and until he has duly delivered over all the books, papers, documents and accounts which by these rules he is required to deliver over on his release.
172. Where one-fourth in value of the creditors desire that a general meeting of the creditors may be summoned to consider the propriety of removing the trustee such meeting may be summoned by a member of the committee of inspection, or by the Official Receiver, on the deposit of a sum sufficient to defray the expenses of summoning such meeting.
of lease.
R150.
Delivery of on release
books, etc..
of trustee.
R340.
consider
Meeting to removal of
trustee.
R341.
account.
R342.
173. Where the trustee has an account at a bank he shall Bank forthwith pay all moneys received by him into the credit of the estate. All payments out shall be made by cheque payable to order, and every cheque shall have marked or written on the face of it the name of the estate and shall be
403
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