Singapore legislation

Clause 41

of Bankruptcy Bill

Clause 41

Removal of trustee

(1)

A trustee may be removed from office only by an order of the court or by a general meeting of the bankrupt’s creditors summoned especially for that purpose in accordance with the rules.

(2)

A trustee shall vacate his office if he ceases to be qualified to hold office as a trustee under section 34(a) or (b).

(3)

A trustee may resign his office by giving one month’s notice of his resignation to the court and the Official Assignee.

(4)

A trustee shall vacate his office if the bankruptcy order is annulled.