partment is obtained to the opening of a local banking account, but in no
circumstances must estate monies be paid to the trustee's private account.
When monies are required for the purpose of the estate, special cheques or
money orders are issued by the Board of Trade on the application of the
trustee.
_Control over Trustee._--In his administration of the estate the trustee is
subject to control by the committee of inspection, the creditors, the court
and the Board of Trade. The committee is appointed by the creditors, and
must consist of not more than five nor less than three creditors or
authorized representatives of creditors. It acts by a majority present at a
meeting, and should be convened once a month unless it otherwise directs.
If no committee is appointed, the Board of Trade may give any direction or
permission which might have been given by a committee. Directions given by
the committee, if not inconsistent with the provisions of the act, are
binding on the trustee, unless contrary to or overruled by those of the
creditors or of the court. The official receiver or trustee may summon a
meeting of the creditors at any time to ascertain their wishes, and must do
so when so required by one-sixth in value of the creditors or when directed
by the court. The Board of Trade may also direct the official receiver to
summon a meeting for the purpose of reviewing any act done by the trustee
or any resolution of the committee of inspection. Further, the trustee may
apply to the court for directions in any particular matter, and the court
may also, on the application of any person aggrieved reverse or modify any
act of the trustee, or make such order as it deems just. The directions of
the court override those of the creditors. The Board of Trade is required
to take general cognizance of the conduct of trustees, to inquire into any
complaints by creditors, and in the event of any trustee not faithfully
performing his duties, to take such action, including the power of removal,
as may be expedient. It may also direct a local investigation of the
trustee's books and accounts, and may require him to answer any inquiries,
or may apply to the court to examine him on oath. If any loss has arisen to
the estate from any misfeasance, neglect or omission of the trustee, it may
require him to make it good. The orders of the Board of Trade under the
powers conferred by the act may be enforced by the court by committal of
the trustee o
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