CTHRepealedAct
Bankruptcy Act 1924
Control of Court over trustees.Control of Court over trustees.
Start here
Get a plain-English read of Control of Court over trustees.
Turn the raw legal text into a practical explanation grounded in Bankruptcy Act 1924.
### Control of Court over trustees.
E.B.A., s. 81.
N.S.W., s. 97.
Vic., s. 92.
W.A., s. 88.
149.—(1.) The Court shall take cognisance of the conduct of trustees, and in the event—
(a) of any trustee not faithfully performing his duties and not duly observing all the requirements imposed on him by statute, rules, regulations, or otherwise, with respect to the performance of his duties; or
(b) of any complaint being made to the Court by any creditor or by the bankrupt in regard thereto,
the Court shall inquire into the matter, and may take such action and make such order as is deemed expedient.
(2.) The Registrar or one-sixth in value of the creditors may at any time require any trustee to answer any inquiry in relation to any bankruptcy, composition, scheme of arrangement or deed of arrangement in which the trustee is engaged, and may apply to the Court to examine on oath the trustee or any other person in relation thereto.
(3.) The Court or the Registrar may at any time direct a local investigation to be made of the trustee’s books and vouchers.
Division 5.—Vacation of Office of Trustee.