182783-1931-Supplementary-Draft-Bill--Bankruptcy — Page 70

433

Table of Correspondence

BETWEEN

THE BILL, ORDINANCE No. 7 OF 1891, AND THE BANKRUPTCY ACT, 1914,-Continued.

SUBJECT MATTER. BILL.

ORDINANCE

No. 7 OF

1891.

BANK-

RUPTCY

Act, 1914.

First and other meet-

17

15

B

ings of creditors,

Debtor's

statement 18

16

14

of affairs.

Public examination 19

of debtor.

15

Compositions

and schemes of ar-

16

rangement.

Effect of composi- 21

tion or scheme,

Adjudication

Bankruptcy.

I

17

(19

18

x

1 6 (2)

REMARKS,

The clause express- requires

the

debtor to give de- tails of property held by him in a tong name, or un- der an alias, or held by his wife, or a concubine, or held for him or them by a trustee.

The last sentence of rub-clause (5) is taken from section 17 (3) of the pre- sent Ordinance.

This clause follows the section in the Act closely. It differs in details from the section in the present Ordinance.

This clause follows the present Ordi- nance in allowing an adjudication order to be in the name of a firm.

Appointment of 23

20

19

trustee.

Committee of inspec- ! 24

21

20

tion.

More detailed than

existing section.

Power to accept 25

22

21

C

composition Or

scheme after ad-

judication.

Duties of debtor as 26

23

22

to discovery and

realisation of pro-

perty.

Arrest of debtor

24

23

under certain éir-

cumstances,

For paragraph (e)

7 of 1891, s. 24.

see Ordinance No.

Re-direction of debt-

28

25

24

or's telegrams and

letters.

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