Rule G-32

Rule G-32 is a regulation that governs the allocation and management of property in bankruptcy cases to ensure transparency and fairness. It requires that any property or funds involved in a bankruptcy proceeding be properly identified, documented, and handled according to specific procedures. This helps prevent misappropriation or misuse of assets, ensuring creditors and stakeholders receive their fair share. Essentially, it establishes clear guidelines for managing property during bankruptcy to promote orderly and equitable resolution of debts.