Trustee Companies Act 1953
19Power of Court to remove trustee company from office
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19 Power of Court to remove trustee company from office
[Section 19 Subsection (1) amended by No. 64 of 1985, s. 16 ]
(1) *[Section 19 Subsection (1) amended by No. 25 of 1970, s. 5 ]*Where a trustee company is appointed executor, administrator, trustee, receiver, committee, agent, or attorney under power, the company is, in addition to the liabilities and restrictions imposed by this Act, subject in all respects to the same control and liability to removal as if it were a natural person.
(2) A person who claims relief against a trustee company for or in respect of an act done or assumed to be done, or in respect of an act omitted to be done, by the company, or by any of its directors or officers, under any of the powers conferred by this Act, may take appropriate proceedings in the Court or in any other court of competent jurisdiction and the court in which the proceedings are taken may make and enforce such orders as that court may think just in the circumstances.