Section 369 of Insolvency Act CAP 53: Estate vests in trustee
(1) The whole of the estate at the date when the application for the order under this Part was lodged vests in the person appointed by the Court to administer it as trustee.
(2) In its order that the estate be administered under this Part or in a subsequent order, the Court shall appoint as trustee—
(a) the executor or administrator;
(b) the Official Receiver;
(c) Public Trustee; or
(d) any other person who, in its opinion, is competent to act trustee.
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