Singapore legislation

Clause 42

of Bankruptcy Bill

Clause 42

Vacancy in office of trustee

Where the appointment of any person as trustee of a bankrupt’s estate fails to take effect or where a vacancy arises in the office of a trustee whose appointment has taken effect, the Official Assignee —

(a)

shall act as the trustee of the bankrupt’s estate until the vacancy is filled; and

(b)

may summon a general meeting of the bankrupt’s creditors for the purpose of filling the vacancy.

Clause 42 — Bankruptcy Bill | laws.sg