Revised Laws of Saint Lucia (2021)

607.   Removal of trustee

  1.  

    (1)   The creditors may, by ordinary resolution, at a meeting specially called for that purpose, of which 7 days' notice has been given, remove a trustee appointed by them, and may at the same or any subsequent meeting appoint another person to fill the vacancy as hereinafter provided in case of a vacancy in the office of trustee.

  1.  

    (2)   If a trustee is guilty of misconduct, or fails to perform his or her duties or has become insolvent, or is by reason of unsoundness of mind, or continued illness, or absence, incapable of performing his or her duties, or, if the Court is of opinion that his or her connection with or relation to the bankrupt, or his or her estate, or any particular creditor, makes his or her continuance in the office of trustee undesirable in the interest of the creditors generally, or where in any other matter he or she has been removed from office on the ground of misconduct, the Court may, having due regard to the opinion of the creditors as expressed at a meeting summoned for the purpose, remove him or her from office.