54
CAP. 6]
Bankruptcy
[1986 Ed.
No action for dividend.
1914 c. 59, s. 68.
Right of bankrupt to surplus.
1914 c. 59, s. 69.
Interpretation.
Schedule.
(Cap. 221.)
Office and functions of Official Petitioner.
1972 c. 71, s. 9.
claims to the satisfaction of the court within a time limited by the notice, he will proceed to make a final dividend without regard to their claims.
(2) After the expiration of the time so limited or if the court 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 IIIA
CRIMINAL BANKRUPTCY
Interpretation
74A. In this Part and in the Schedule-
"criminal bankruptcy administration petition" means a petition under section 112 presented by virtue of the Schedule;
"criminal bankruptcy order" means an order made under section 84A of the Criminal Procedure Ordinance;
"criminal bankruptcy petition" means a bankruptcy petition presented by virtue of the Schedule.
Official Petitioner
74B. (1) For the purposes of discharging, in relation to cases in which a criminal bankruptcy order is made, the functions mentioned in subsection (2), there shall be an officer known as the Official Petitioner; and the Attorney General shall, by virtue of his office, be the Official Petitioner.
(2) The functions of the Official Petitioner shall be-
(a) to consider whether, in a case where a criminal bankruptcy order is made, it is in the public interest that he should himself present a criminal bankruptcy petition;