Oversight Mechanisms, The Insolvency Administrator

The Bankruptcy Administer plays a very important role in the bankruptcy procedure, no matter in Judge-Center System country or Adversary System country. It has a wide range of rights, including taking over the insolvency enterprise, managing its procession, and dominating the whole process.The importance of it has attracted a lot of attention of the scholars and had caused a large member of discussion and treatises. While, the supervision of the Bankruptcy Administer has been ignored by most person. It's inconceivable that no one to supervise such an institution having so immense rights. So it has academic and practical significance to discuss the Supervision System of the Bankruptcy Administer.This paper demonstrates how to build up the Supervision System of the Bankruptcy Administer in four paragraph.The first paragraph demonstrates the character and legal status of the Bankruptcy Administer.The second paragraph analyzes the supervision system of the Bankruptcy Administer of different Legal System countries.The third paragraph analyzes the present supervision system of the Bankruptcy Administer of our country.The fourth paragraph conceives the proper Supervision System of our country and comments on the Draft of the Bankruptcy Law of the Peoples Republic of China.