Protection of Businesses Act, 1978
R 385
Insolvency Act, 1936 (Act No. 24 of 1936)116bis. Failure by trustee to submit account or to perform duties |
| (1) | If any trustee fails to submit any account to the Master as and when required by or under this Act, or to submit any vouchers in support of such account or to perform any other duty imposed upon him by this Act or to comply with any reasonable demand of the Master for information or proof required by him in connection with the liquidation or distribution of an estate, the Master or any person having an interest in the liquidation or distribution of the estate may, after giving the trustee not less than fourteen days' notice, apply to the court for an order directing the trustee to submit such account or any vouchers in support thereof or to perform such duty or to comply with such demand. |
| (2) | The costs adjudged to the Master or to such person shall, unless otherwise ordered by the Court, be payable by the trustee de bonis propriis. |
[Section 116bis inserted by section 39 of Act No. 99 of 1965]
