Section 22: Committee of Inspection.

(1) The creditors qualified to vote may, at their first or any subsequent meeting by resolution, appoint a Committee of Inspection for the purpose of superintending the administration of the bankrupt's property by the trustee.
(2) The Committee of Inspection shall consist of not more than five nor less than three persons, possessing one or other of the following qualifications, that is-
(a) that of being a creditor or the holder of a general proxy or general power of attorney from a creditor, provided that no creditor and no holder of a general proxy or general power of attorney from a creditor shall be qualified to act as a member of the Committee of inspection until the creditor has proved his debt and the proof has been admitted; or
(b) that of being a person to whom a creditor intends to give a general proxy or general power of attorney, provided that no such person shall be qualified to act as a member of the committee of inspection until he holds such a proxy or power of attorney, and until the creditor has proved his debt and the proof has been admitted.
(3) The Committee of Inspection shall meet at such times as it shall from time to time appoint and failing such appointment, at least once a month, and the trustee or any member of the Committee may also call a meeting of the Committee as and when he thinks necessary.
(4) The Committee may act by a majority of its members present at a meeting, but shall not act unless a majority of the Committee is present at the meeting.
(5) Any member of the Committee may resign his office by notice in writing signed by him and delivered to the trustee.
(6) If a member of the Committee becomes bankrupt, or compound or arranges with his creditors, or is absent from five consecutive meetings of the Committee, his office shall thereupon become vacant.
(7) Any member of the Committee may be removed by an ordinary resolution at any meeting of creditors of which seven days' notice has been given stating the object of the meeting.
(8) On a vacancy occurring in the office of a member of the Committee, the trustee shall forthwith summon a meeting of creditors for the purpose of filling the vacancy, and the meeting may, by resolution, appoint another creditor or other person eligible as above to fill the vacancy.
(9) The continuing members of the Committee, provided there be not less than three such continuing members, may act notwithstanding any vacancy therein and, where the number of members of the Committee of inspection is for the time being less than five, the creditors may increase that number so that it does not exceed five.
(10) If there be no Committee of Inspection any act or thing or any direction or permission by this Act authorised or required to be done or given by the Committee may be done or given by the court on the application of the trustee.