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In force2021 Revised Edition
Contents

Part 5

81. Proceedings in case of vacancy in office of trustee

(1)

If a vacancy occurs in the ofice of a trustee, the creditors in general meeting may appoint a person to fill the vacancy and thereupon the same proceedings shall be taken as in the case of a first appointment.

(2)

The Official Receiver shall, on the requisition of any creditor, summon a meeting for the purpose of filling any such vacancy.

(3)

If the creditors do not within 3 weeks after the occurrence of a vacancy appoint a person to fill the vacancy, the Official Receiver shall report the matter to the Court and the Court may appoint a trustee.

Bun kr upt cy

CAP. 67 81

(4)

During any vacancy in the office of trustee, the Official

Receiver shall act as trustee.

Control over trustee

Report