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Control of Department of Commerce over trustee. 118. Every trustee of a bankrupt shall from time to time, as may be prescribed, and not less than once in every year during the bankruptcy, transmit to such officer a statement showing the proceedings in such bankruptcy up to the date of the statement containing the prescribed particulars, and made out in the prescribed form; and any trustee failing to transmit accounts in compliance with this section shall be deemed guilty of a contempt of Court, and be punishable accordingly.][118. The Department shall take cognizance of the conduct of the trustee and, if he does not faithfully perform his duties and duly observe all the requirements imposed on him by any statutory provision or otherwise with respect to the performance of his duties or if any complaint is made to the Department by any creditor in regard thereto, the Department shall inquire into the matter and take such action thereon as the Department may think expedient.][
© 1872 Crown Copyright
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