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Section 80, The Bankruptcy Act, 2009

Status not yet checkedThe Bankruptcy Act, 2009, Sierra Leone

(1) Subject to this Act, the trustee shall, in the administrationof the property of the bankrupt and in the distribution of the property among his creditors have regard to any directions that may be given by the creditors at any general meeting or by the committee of inspection; and any directions so given by the creditors at any general meeting shall, in case of conflict be deemed to override any directions given by the committee of inspection. Official name appoint joint or successive trustees. Proceedings in case of vacancy in office of trustees. Discretionary powers of trustee and control of 58 59 (2) The trustee may, from time to time summon general meetings of the creditors for the purpose of ascertaining their wishes, and he shall summon meetings at such times as the creditors, by resolution, either at the meeting appointing the trustee or otherwise may direct; and it shall be lawful for any creditor, with the concurrence of one-fourth in value of the creditors (including himself), at any time to request the trustee or official receiver to call a meeting of the creditors, and the trustee or official receiver shall call such meeting accordingly within fourteen days. (3) The person at whose instance the meeting is summoned shall, if so required, deposit, with the trustee or the official receiver, as the case may be, a sum sufficient to pay the costs of summoning the meeting, such sum to be repaid to him out of the estate if the court so directs. (4) The trustee may apply to the court in the manner prescribed for directions in relation to any particular matter arising under the bankruptcy. (5) Subject to this Act, the trustee shall use his discretion in the management of the estate and its distribution among the

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