Trustee In Bankruptcy in Europe
Definition of Trustee In Bankruptcy
A person in whom the property of a bankrupt is vested in trust for the creditors ; his duty is to discover, realise and distribute it among the creditors, and for that purpose to examine the bankrupt’s property, accounts, etc., to investigate proofs (#.v.) made by creditors, and to admit, reject or reduce them according to circumstances. See section 19, Bankruptcy Act, 1914
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Trustee In Bankruptcy | Trustee In Bankruptcy in the Family Law Portal of the European Encyclopedia of Law. |
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Definition of Trustee In Bankruptcy is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.
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