CAP. 61
6]
Bankruptcy.
[r. 179 cont.] the trustee before being put into possession of the property of the bankrupt and whether incurred before or after he has been put into such possession.
Meetings of creditors to consider conduct of trustee.
R350.
Remuneration of special manager.
R351.
Accounts.
R352. Form 151.
Standing security to Registrar.
R353.
(2) The Official Receiver shall be deemed to have a lien upon the estate until such balance has been paid and such guarantees and other liabilities have been discharged.
(3) It shall be the duty of the Official Receiver, if so requested by the trustee, to communicate to the trustee all such information respecting the bankrupt and his estate and affairs as may be necessary or conducive to the due discharge of the duties of the trustee.
180. Where the Official Receiver is of opinion that any act done by a trustee or any resolution passed by a committee of inspection should be brought to the notice of the creditors, for the purpose of being reviewed or otherwise, the Official Receiver may summon a meeting of creditors accordingly to consider the same, and the expense of summoning such meeting shall be paid by the trustee out of any available assets under his control.
Special manager.
181. Where a special manager is appointed he shall be paid such remuneration as is provided by the scale of allowances contained in Table C of Part III of the Appendix.
182. Every special manager shall account to the Official Receiver and such special manager's accounts shall be verified by affidavit in the prescribed form and, when approved by the Official Receiver, the totals of the receipts and payments shall be added to the Official Receiver's accounts.
Security by trustee or special manager.
183. In the case of a trustee or special manager the following rules as to security shall be observed-
(a) the security shall be given to the Registrar;
(b) it shall not be necessary that security be given in each separate matter; but security may be given either specially in a particular matter or generally to
- 406-
CAP. 61
6]
Bankruptcy.
[r. 179 cont.] the trustee before being put into possession of the property of the bankrupt and whether incurred before or after he has been put into such possession.
Meetings of creditors to consider conduct of trustee.
R350.
Remunera- tion of special
manager.
R351.
Accounts.
R352. Form 151.
Standing security to Registrar.
R353.
(2) The Official Receiver shall be deemed to have a lien upon the estate until such balance has been paid and such guarantees and other liabilities have been discharged.
(3) It shall be the duty of the Official Receiver, if so requested by the trustee, to communicate to the trustee all such information respecting the bankrupt and his estate and affairs as may be necessary or conducive to the due discharge of the duties of the trustee.
180. Where the Official Receiver is of opinion that any act done by a trustee or any resolution passed by a committee of inspection should be brought to the notice of the creditors, for the purpose of being reviewed or otherwise, the Official Receiver may summon a meeting of creditors accordingly to consider the same, and the expense of summoning such meeting shall be paid by the trustee out of any available assets under his control.
Special manager.
181. Where a special manager is appointed he shall be paid such remuneration as is provided by the scale of allowances contained in Table C of Part III of the Appendix.
182. Every special manager shall account to the Official Receiver and such special manager's accounts shall be verified by affidavit in the prescribed form and, when approved by the Official Receiver, the totals of the receipts. and payments shall be added to the Official Receiver's
accounts.
Security by trustee or special manager.
183. In the case of a trustee or special manager the following rules as to security shall be observed-
(a) the security shall be given to the Registrar; (b) it shall not be necessary that security be given in each separate matter; but security may be given either specially in a particular matter or generally to
- 406-
No comments yet.
Private notes are available after approval.