Section 78, The Bankruptcy Act, 2009

(1) The creditors may, if they think fit, appoint more personsas trustees and, when more persons than one person are appointed, shall declare whether any act required or authorised to be done by the trustee is to be done by all or any one or more of the persons; but all the persons are in this Act included under the term ‘trustee’ and shall be joint tenants of the property of the bankrupt. (2) The creditors may also appoint persons to act as trustees in succession in the event of one or more of the persons first named declining to accept the office of trustee or failing to give security, or of the appointment of such person not being approved by the court.