Completion of administration requires trustee to report to committee of creditors for approval and release decision The bankruptcy trustee must convene a committee of creditors meeting on completion of administration and distribution, present a report of the ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Completion of administration requires trustee to report to committee of creditors for approval and release decision
The bankruptcy trustee must convene a committee of creditors meeting on completion of administration and distribution, present a report of the administration and distribution, and the committee must approve the report and determine whether the trustee should be released under section 148; the trustee must retain sufficient sums from the estate to meet expenses of convening and conducting that meeting.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.