1. The Bankruptcy Court may at any time, after taking the opinion of the Unit, where the debtor is supervised by the regulatory authority, decide to replace the Trustee or controller. The debtor and any creditor may also petition the court to replace any of them, if it is proven that his continued appointment causes damage to the interests of the creditors or the debtor. The request shall not result in a cessation of the proceedings, and the court shall issue its decision on the request within (10) ten days. 2. The Trustee or controller whom the Bankruptcy Court decides to replace shall cooperate to the extent necessary to enable his substitute to assume his duties, and this provision shall apply to Trustees and controllers appointed before the entry into force of this Law. 3. The Trustee or controller may request the Bankruptcy Court to relieve him of his duties, and the court may approve such request and appoint a substitute, and it may determine fees for the Trustee or controller whose request was approved against the services he performed.
Interpretation and application must be checked against the official text and current version.
