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BANKRUPTCY (IRELAND) AMENDMENT ACT 1872 - SECT 114

1980 NI 4

114. [When the bankruptcy is closed the trustee shall call a meeting of the
creditors to consider an application to be made to the Court for his release.]
[When the trustee proposes to apply to the Department under Articles 27 and 39
of the Bankruptcy Amendment (Northern Ireland) Order 1980 for his release he
shall call a meeting of the creditors to consider his intended application.]
At the meeting the trustee shall lay before the assembled creditors an account
showing the manner in which the bankruptcy has been conducted, with a list of
the unclaimed dividends, if any, and of the property, if any, outstanding, and
shall inform the meeting that he proposes to apply to [the Court] [the
Department] for a release.

[ The creditors assembled at the meeting may express their opinion as to the
conduct of the trustee, and they, or any of them, may appear before the Court,
and oppose the release of the trustee.

The Court, after hearing what, if anything, can be urged against the release
of the trustee, shall grant or withhold the release accordingly, and if it
withhold the release shall make such order as it thinks just, charging the
trustee with the consequences of any act or default he may have done or made
contrary to his duty, and shall suspend his release until such charging order
has been complied with, and the Court thinks just to grant the release of the
trustee.][

© 1872 Crown Copyright

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