554

Table of Correspondence

BETWEEN

THE BILL, Ordinance No. 7 of 1891, AND THE BANKRUPTCY ACT, 1914,-Continued.

SUBJECT MATTER.

BILL.

Validity of certain 51

payments to bank- rupt and assignee.

Dealings with undis-

52

charged bankrupt.

ORDINANCE

No. 7 OF

1891.

BANK-

RUPTCY

Аст. 1914.

I

46

REMARKS.

47

Sub-section (2) is expanded because of the practice of deposits in Chinese firms, and sub-sec- tion (3) provides a penalty.

Possession of pro- 53

perty by trustee.

43

48

Seizure of property

14

54

44

49

of bankrupt.

Sequestration

ecclesiastical bene-

of

1

50

Unnecessary.

fice.

Sale of property out

55

35

45

of the Colony.

Appropriation

of

56

46

51

portion of pay or

pension to credi-

tors.

Appropriation of in-

57

|

52

12323

come of property

restrained from

anticipation.

Vesting and transfer

58

47

53

of property.

Disclaimer of certain

property.

59

48

54

Powers of trustee to

69

60

49

55

deal with property.

Powers exerciseable

by trustee with permission of com- mittee of inspec- tion.

61

50

56

Power to allow bank-

62

57 (1)

57

rupt to manage

property.

Allowance to bank-

63

57 (2)

58

rupt for main-

tenance or service.

Right of trustee to

64

59

inspect goods

pawned, etc.

Local pensioners included and Gov-

ernor

substituted

for chief officer of

department.

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