BANKRUPTCY ACT

Section 81: Control of court over trustee

1979Section 81 of 143Federal Republic of Nigeria

(1) The Court shall take cognisance of the conduct of trustees, and in the event of any trustee not faithfully performing his duties and duly observing all the requirements imposed on him by Act, rules or otherwise with respect to the performance of his duties, or in the event of any complaint being made to the Court by any creditor in regard thereto by notice duly served on the trustee at least eight clear days before the date of hearing, the Court shall inquire into the matter and take such action thereon as may be deemed expedient.
(2) The Court may either of its own motion or on the application of the Official Receiver at any time require any trustee to answer any inquiry made by the Court or the Official Receiver in relation to any bankruptcy in which the trustee is engaged and may examine on oath the trustee or any other person concerning the bankruptcy.
(3) The Court may also direct an investigation to be made of the books and vouchers of the trustee.

Cite this section

Section 81, BANKRUPTCY ACT (1979).

https://repo.podus.ai/laws/bankruptcy-act/section/81/