BANKRUPTCY ACT

Section 127: Vacation of office, etc. by bankrupt.

1979Section 127 of 143Federal Republic of Nigeria

(1) Subject to the provisions of any other enactment, if a person is adjudged bankrupt whilst holding any of the offices or appointments specified in paragraphs (i) to (f) of section 126(1) of this Act, his office or appointment shall thereupon become vacant.
(2) Subject to the provisions of any other enactment, if a person is adjudged bankrupt whilst practising any of the professions mentioned in paragraph (g) of section 126(1) of this Act, he shall thereupon cease to be entitled to practise, and shall accordingly cease to practise, the profession concerned on his own or in partnership or any other form of association (other than as an employee) with any other person.

Cite this section

Section 127, BANKRUPTCY ACT (1979).

https://repo.podus.ai/laws/bankruptcy-act/section/127/