Insolvency Act, 1936 (Act No. 24 of 1936)

110. Compelling trustee to submit accounts

Purchase cart Previous page Return to chapter overview Next page

 

(1)If a trustee has funds in hand which, in the opinion of the Master, ought to be distributed among the creditors of the estate in question and the trustee has not submitted to the Master a plan for the distribution of those funds, the Master may direct him in writing to submit to him a plan for the distribution of those funds, although the period prescribed in section ninety-one may not have elapsed.

 

(2)If a trustee has failed to submit an account to the Master within the period and in the manner hereinbefore prescribed, the Master may direct the trustee in writing to submit his account.

 

(3)[Section 110(3) deleted by section 34 of Act No. 99 of 1965]