Section 68
Power to allow bankrupt to manage property
The Director General of Insolvency may appoint the bankrupt himself to superintend the management of the property of the bankrupt, or of any part thereof, or to carry on the trade, if any, of the bankrupt for the benefit of his creditors, and in any other respect to aid in administering the property in such manner and on such terms as the Director General of Insolvency directs.
Allowance to bankrupt for maintenance or service
(2)
The Director General of Insolvency may make such allowance as he thinks just to the bankrupt out of his property for the support of the bankrupt and his family, or in consideration of his service if he is engaged in winding up his estate, but the court may reduce any such allowance and limit the time for which it may be made.
Act 360
(3)
Where the bankrupt has died, the Director General of
Insolvency may make an allowance to the bankrupt’s family for their support.
(4)
The Director General of Insolvency may also make an allowance towards the funeral expenses of a bankrupt.