Vacancy in office of bankruptcy trustee.

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..... accordance with the provisions of this section. (2) In the event of the occurrence of vacancy referred to in sub-section (1), the Adjudicating Authority shall direct the Board for replacement of a bankruptcy trustee. (3) The Board shall, within ten days of the direction of the Adjudicating Authority under sub-section (2), recommend a bankruptcy trustee as a replacement. (4) The Adjudicati .....

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..... ppointment. (8) The earlier bankruptcy trustee replaced under this section shall be released in accordance with the provisions of section 148: Provided that this section shall not apply if the vacancy has occurred due to temporary illness or temporary leave of the bankruptcy trustee. *********** Notes:- 1. Come into the force w.e.f. 01-12-2019 [F. No. 30/21 .....

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