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Agency

Office of the Trustee in Bankruptcy

The Office of the Trustee in Bankruptcy (OTB), a Department under the Ministry of Justice, was established in 1937 under the Bankruptcy Act to administer the affairs of individuals who are insolvent. However, the OTB also has jurisdiction under the Companies Act to administer the liquidation of insolvent companies. The aim of the OTB is to provide a legal shelter for debtors.