Section 20

Act 231 of 1901, § 20, under INSOLVENCY ACT.

Act 231 of 1901, § 20

Section 20. No assignee or receiver shall purchase, directly or indirectly, any part of the assets of such insolvent except by leave of court, after notice to all the known creditors; nor shall he employ any person as manager or attorney who is related to the assignor, or has any interest, individually or as attorney, for any particular creditor, or in opposition to an equal distribution of the whole of the assignor's estate among all his creditors.