C1 PART IXBANKRUPTCY

Annotations:

CHAPTER IIITRUSTEES IN BANKRUPTCY

Control of trustee

Exercise by Department of functions of creditors' committee275

1

The creditors' committee is not to be able or required to carry out its functions at any time when the official receiver is trustee of the bankrupt's estate; but at any such time the functions of the committee under this Order shall be vested in the Department, except to the extent that the rules otherwise provide.

2

Where in the case of any bankruptcy there is for the time being no creditors' committee and the trustee of the bankrupt's estate is a person other than the official receiver, the functions of such a committee shall be vested in the Department, except to the extent that the rules otherwise provide.