(2.)  If  he  is  removed.  This  may  be  at  the  instance
of  the  creditors;  a  meeting,  of  wliich  seven  daj's'
notice  should  be  given,  must  be  specially  called  by
the  committee  of  inspection,  or  at  the  wish  of  25  per
cent,  of  the  creditors,  by  the  official  receiver,  and  an
ordinary  resolution  in  favour  of  removal  must  be
carried.  The  Board  of  Trade  also  has  power  of
removing  a  trustee  if  he  misconducts  himself,  or  if
he  fails  to  keep  up  his  security  {J)  ;  but  the  creditors
may  then  caiTy  a  resolution  in  his  favour  to  the
contrar}-.  and  appeal  to  the  Court.
(3.)  If  he  has  become  fandus  officio ;  e.g.,  when  a
scheme  is  adopted,  or  when  the  estate  has  been  fully
woimd  up.
(4.)  If  a  receiving  order  in  bankruptcy  has  been
made  against  him  (/•).
But  though  a  trustee  ceases  to  hold  office  in  any  of
the  above  events  he  has  yet  to  obtain  his  release.
This  is  granted  by  the  Board  after  a  proper  investiga-
tion has  been  made  into  his  accounts,  and  after  due
notice  has  been  given  to  the  creditors.  Its  effect  is  to
[  free  the  trustee  with  regard  to  all  matters  done
dming  his  trusteeship  in  his  official  capacity ;  but  it
is  revocable  on  proof  of  fraud  or  of  material  conceal-
ment (/).
The  Com))uttcc  of  Inspection. — It  will  be  convenient
here  to  state  the  nature  and  functions  of  this  body.
It  is  a  committee,  consisting  of  from  three  Jo  five
persons,  who  are  appointed  from  amongst  the
creditors  or  those  who  hold  general  proxies,  by  the

(y)  Sect.  86,  and  Rules  301—303.  (A)  Sect.  85.
(0  Sect.  82.     See  Eule  309.
