BANKRUPTCY ACT

Section 59: Power to allow bankrupt to manage property.

1979Section 59 of 143Federal Republic of Nigeria

The trustee, with the permission of the Committee of Inspection, may appoint the bankrupt himself to superintend the management of the property of the bankrupt or of any part thereof, or to carry on the trade (if any) of the bankrupt for the benefit of his creditors, and in any other respect to aid in administering the property, in such manner and on such terms as the trustee may direct.

Cite this section

Section 59, BANKRUPTCY ACT (1979).

https://repo.podus.ai/laws/bankruptcy-act/section/59/