BANKRUPTCY.
No. 7 of 1891.
607
"Goods" includes all personal chattels, whether present or future, vested or contingent, arising out of or incident to property as above defined:
"Provable debt" includes any debt or liability provable in bankruptcy under this Ordinance:
"The Registrar" means the Registrar of the Supreme Court:
"Secured creditor" means a person holding a mortgage, charge, or lien on the property of the debtor or any part thereof as a security for a debt due to him from the debtor:
"Special resolution" means a resolution decided by a majority in number and three-fourths in value of the creditors present, personally or by proxy, at a meeting of creditors and voting on the resolution:
"Suit" and "action" are synonymous terms:
"The trustee" means the trustee in bankruptcy of the debtor's estate.
PART I.
PROCEEDINGS FROM ACT OF BANKRUPTCY TO DISCHARGE.
Acts of Bankruptcy.
3.-(1) A debtor commits an act of bankruptcy in each of the following cases:—
(a) if, in this Colony or elsewhere, he makes a conveyance or assignment of his property to a trustee or trustees for the benefit of his creditors generally; or
(b) if, in this Colony or elsewhere, he makes a fraudulent conveyance, gift, delivery, or transfer of his property or of any part thereof; or
(c) if, in this Colony or elsewhere, he makes a conveyance or transfer of his property or any part thereof or creates any charge thereon which would be void as a fraudulent preference if he were adjudged bankrupt; or
(d) if, with intent to defeat or delay his creditors, he does any of the following things, namely, departs out of this Colony, or being out of this Colony, remains out of it, or departs from his dwelling house, or otherwise absents himself, or begins to keep house, or removes his property or any part thereof beyond the jurisdiction of the Court; or
* As amended by No. 6 of 1902 and No. 8 of 1912.