Singapore legislation
Section 25
Section 25
Consultative committee
(1)
The creditors qualified to vote may, at their first meeting or any adjournment thereof, appoint by resolution from among the creditors qualified to vote, or the holders of general proxies or general powers of attorney from such creditors, a committee of one or more persons, not exceeding 3, for the purpose of advising the Official Assignee on matters relating to the administration of the property of the bankrupt.
(2)
The Official Assignee may convene the committee at such times as he thinks necessary, and the Official Assignee shall convene the committee whenever requested in writing to do so by all or a majority of the members of the committee.
(3)
Any member of the committee may resign his office by notice in writing, signed by him and delivered to the Official Assignee.
(4)
If a member of the committee becomes bankrupt, or compounds or arranges with his creditors, or is absent for more than two months from Singapore his office shall thereupon become vacant.
(5)
Any member of the committee may be removed by an ordinary resolution at any meeting of creditors, of which 7 days’ notice has been given stating the object of the meeting.
(6)
On a vacancy occurring in the office of a member of the committee the Official Assignee shall forthwith summon a meeting of creditors for the purpose of filling the vacancy, and the meeting may by resolution appoint another creditor or other person eligible as above to fill the vacancy.