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5.
to the Covert
or on that
of any
Creditor, of course after due investigation held and that meanwhile
judicial Staff - The Chamber think it important
that the arrangement of a Banternfit Estate should
to trade asignees
the
execution
such a
petition should stay presentation of
have of any payment that in
be entrusted as
much
been taken out
may
the debtor's
effects.
The
against should have liberal powers of punishment.
judge
Especially
in the case of negligent or fraudulent banterupts - Either by simply with holding ~ protection or by a term of imprisonment for
felony according to the nature
mis demeanour or
of
the crime. If it were
a
judged fitting to make
the Judge of the Summary Jurisdiction Court
a
Puione Indge of the Supreme Court, on
through any
other Machinery to make his
services available, the duties of the Court in Pantouftey Jurisdiction sould probably not
to exceed the
be
forunde
powers of the present
as
possible
Chosen from or by the Creditors, though always
Official
under the Court's Supervision. And an Assignee or receiver might be provided for by reasonable Commission on the bankrupts Assets
-passing through his hands. That measures
should be taken to avoid dilatoriness in winding
up Bankrupt letates is a cowsideration
utmost
of
the
t
to
Consequence, and it might be posible
provide against this in the Ordinance
The
only
other matter that the Chamber
have to notice related to the recognition of the
a)
Courts protection in Great Britain and the Colonies and Dependences of the Croom. This is essential as a matter of justice to the
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