40

40

41

41

41

41

41

41

41

41

41

41

41

41

Confirmation of election of

Letter of appointment of
When Court finally confirms
Notifies his final confirmation
Notification of removal of
Resignation of office by
Application to resign by
Objections to resignation of
Notice by, of resignation ...
Renders account on resignation
Calls meeting on resignation
Remedies of, to recover estate
Estate vests in, during sequestration
May sue in his own name
Has all powers of insolvent
Insolvent cannot compel, to sue
May recover land from insolvent
Power to sue only signed by one
May be required to give security
When, removed, failing security
When security given by, lapses
Cancelling security does not discharge
Opens bank account for estate
Provisional, must open bank account
Must choose some bank

...

...

...

Must pay all sums over £20 into bank
Instructed by creditors to retain money
Penalty for retention of money by
Retaining moneys while insolvent
Must keep full account book
Inspection of books kept by

May call general meetings...

41

42

42

42

42

42

42

42

42

43

43

43

43

44

44

44

44

May be ordered to produce books

44

44

When, must call general meetings
Follows directions given at meetings

44

45

What directions, must not follow

45

May take legal advice

45

May employ attorney

45

May tax legal costs of advice

45

See CREDITORS, INSOLVENCY, INSOLVENT, LIQUIDATION AND

DISTRIBUTION ACCOUNT, PREFERENCE, RANKING.

UMPIRE-

68

70

70

73

Notice to appoint

Court may appoint

Powers of, appointed by Court

Must be and remain disinterested

Court removes, on recusation

for misconduct

Powers of, under submission
May administer oaths

May take affirmations

May appoint Commissioner

May state special case

May correct clerical errors
Case may be remitted to
Removal of, by Court
When liable for costs

...

May determine place of reference
May procure process of Court
Ordered to state special case
See ARBITRATION, ARBITRATOR.

UNDUE PREFERENCE-

When an act of insolvency

Alienations amounting to

in ordinary course of trade

Fraudulent payment

Collusive payment

Acquittance contemplating sequestration

Discharge contemplating sequestration

Penalty of undue acquittance

discharge

Definition of

4

17

18

19

19

19

19

19

19

19