Section 82
Release of Director General of Insolvency
When the Director General of Insolvency has realized all the property of the bankrupt, or so much thereof as can in his opinion be realized without needlessly protracting the proceedings in bankruptcy, and distributed a final dividend, if any, or has ceased to act by reason of a composition having been approved, or has resigned or has vacated or been removed from his office, the court shall, on his application, cause a report on his accounts to be prepared, and, on his complying with all the requirements of the court, shall take into consideration the report and any objection which is urged by any creditor or person interested against the release of the Director General of Insolvency, and shall either grant or withhold the release accordingly.
(2)
(Repealed by Act A364).
Act 360
(3)
An order of the court releasing the Director General of
Insolvency shall discharge him from all liability in respect of any act done or default made by him in the administration of the affairs of the bankrupt or otherwise in relation to his conduct as Director General of Insolvency, but any such order may be revoked on proof that it was obtained by fraud or by suppression or concealment of any material fact.
Official Name