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Section 27: Appointment of expert and inspection of documents

Insolvency Act · PART II: BANKRUPTCY AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

27. Appointment of expert and inspection of documents (1) A creditors’ meeting may pass a resolution— (a) appointing an expert to assist the Official Receiver in the administration of the bankrupt’s estate; and I14 – 25 [Issue 3] Insolvency Act (b) providing for the expert’s remuneration out of the bankrupt’s estate. (2) A creditors’ meeting may pass a resolution appointing a committee to assist the Official Receiver in the administration of the bankrupt’s estate, and the Court may approve any remuneration of the members of the committee out of the bankrupt’s estate. (3) A creditor, or an attorney or accountant acting for that creditor, who has lodged a proof of debt may at any reasonable time inspect and take extracts or copies of— (a) the bankrupt’s accounting records; (b) the bankrupt’s answers to questions; (c) the bankrupt’s statement of affairs; (d) all proofs of debt; and (e) the minutes of any creditors’ meeting.

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