1894
No. 10 of 1931.
BANKRUPTCY.
No action for dividend.
4 & 5 Geo. 5, c. 59, s. 68.
Right of bankrupt to surplus.
4 & 5 Geo. 5, c. 59, s. 69.
Appointment of Official Receiver.
on application by any such claimant grants him further time for establishing his claim, then on the expiration of such further time, the property of the bankrupt shall be divided among the creditors who have proved their debts, without regard to the claims of any other persons.
73. No action for a dividend shall lie against the trustee, but if the trustee refuses to pay any dividend the court may, if it thinks fit, order him to pay it and also to pay out of his own money interest thereon for the time that it is withheld and the costs of the application.
74. The bankrupt shall be entitled to any surplus remaining after payment in full of his creditors, with interest, as by this Ordinance provided, and of the costs, charges and expenses of the proceedings under the bankruptcy petition.
PART IV.
OFFICIAL RECEIVER.
75.—(1) Subject to the provisions of sub-section (2), the Governor may appoint such persons as he thinks fit to be Official Receiver and Deputy Official Receiver of debtors' estates under this Ordinance and may remove such persons from such offices.
or
(2) No person shall be appointed Official Receiver or Deputy Official Receiver unless at the date of such appointment he is a barrister, advocate, solicitor or proctor or a member of the Colonial Legal Service or has successfully passed the examinations required before admission of a barrister, advocate, solicitor, law agent or proctor.
(3) The Official Receiver shall act under the general authority and direction of the Governor and shall also be an officer of the court.
(4) Every Deputy Official Receiver shall have all the powers conferred on the Official Receiver by this Ordinance or by any Ordinance amending or substituted for the same.
(5) Every Deputy Official Receiver shall act under the general authority and direction of the Official Receiver for the
* As amended by Law Rev. Ord., 1939, Supp. Sched.