526. Rights in mortgagor's bankruptcy.

526.     Rights in mortgagor's bankruptcy.

In the case of the goods of an undischarged bankrupt which are held by any person by way of pledge, pawn or other security, the official receiver may give notice that he intends to inspect the goods1. If the official receiver has served no such notice, the trustee in bankruptcy may do so2. The effect of service of such a notice is that the secured creditor may not realise his security without the leave of the court unless he has given the trustee of the bankrupt's estate a reasonable opportunity to inspect