Bankruptcy Act · s 15

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s 15Power to appoint special manager

(1)

The Court may, on the application of the Official Receiver or of any creditor or creditors, and if satisfied that the nature of the debtor's estate or business or the interests of the creditors generally require the appointment of a special manager of the estate or business other than the Official

Receiver, appoint a manager thereof accordingly to act until a trustee is appointed, and with such powers (including any of the powers of a receiver)

a as may be entrusted to him by the Official Receiver.

(2)

The special manager shall give security and account in such manner as the Court may direct-

(3)

The special manager shall receive such remuneration as may be prescribed.

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