ORDINANCE No. 5 of 1864.
Bankruptcy and Insolvency.
and such person shall be allowed seven days, or such extended time, as the Court shall think fit, from the service of such duplicate to show cause to the Court against the validity of such adjudication: and if such person shall, within such time, show to the satisfaction of the Court that the petitioning creditor's debt and act of bankruptcy upon which such adjudication has been grounded, or any or either of such matters are insufficient to support such adjudication, and upon such showing no other creditor's debt and act of bankruptcy sufficient to support such adjudication, or such of the said last mentioned matters as shall be requisite to support such adjudication, in lieu of the petitioning creditor's debt, and act of bankruptcy or any or either of such matters, which shall be deemed insufficient in that behalf as the case may be, shall be proved to the satisfaction of the Court, the Court shall thereupon order such adjudication to be annulled and the same shall by such order be annulled accordingly: but if at the expiration of the said time no cause shall have been shown to the satisfaction of the Court for the annulling of such adjudication the Court shall forthwith after the expiration of such time, cause notice of such adjudication to be given in the Hongkong Government Gazette and such other newspapers as the Court may direct, and shall, if necessary, appoint a day for such bankrupt to surrender and conform: Provided that the Court shall have power from time to time to enlarge the time for the bankrupt surrendering himself, for such time as the Court shall think fit, so as every such order be made six days at least before the day on which such bankrupt was to surrender himself: Provided also, that if any person so adjudged bankrupt shall before the expiration of the time allowed for showing cause, surrender himself, and give his consent, testified in writing under his hand, to such adjudication being advertised, the Court after such consent so given, shall forthwith cause the notice of adjudication to be advertised and appoint the sittings for the bankrupt to surrender and conform.
595
If bankrupt in prison,
appoint a person to attend him.
52. Whenever any bankrupt is in prison, or in custody under any process, attachment, execution, commitment or sentence, the Court may appoint a person to attend him from time to time to produce to him his books, papers and writings, in order that he may prepare his balance sheet and show the particulars of his estate and effects.
53. When any person shall have been adjudged a bankrupt, all his personal estate and effects present and future, wheresoever the same may be found or known, and all property which he may purchase, or which shall be acquired by or devolve on him before his discharge, shall forthwith vest in his assignees.
Bankrupt's property to vest in the assignees.
ORDINANCE No. 5 or 1864.
Bankruptcy and Insolvency.
and such person shall be allowed seven days, or such extended time, as the Court shall think fit, from the service of such duplicate to show cause person to the Court against the validity of such adjudication: and if such shall, within such time, show to the satisfaction of the Court that the peti- tioning creditor's debt and act of bankruptcy upon which such adjudica- tion has been grounded, or any or either of such matters are insufficient to support such adjudication, and upon such showing no other creditor's debt and act of bankruptcy sufficient to support such adjudication, or such of the said last mentioned matters as shall be requisite to support such adjudication, in lieu of the petitioning creditor's debt, and act of bank- ruptcy or any or either of such matters, which shall be deemed insufficient in that behalf as the case may be, shall be proved to the satisfaction of the Court, the Court shall thereupon order such adjudication to be annulled and the same shall by such order be annulled accordingly: but if at the expiration of the said time no cause shall have been shown to the satisfac- tion of the Court for the annulling of such adjudication the Court shall forthwith after the expiration of such time, cause notice of such adjudica- tion to be given in the Hongkong Government Gazette and such other newspapers as the Court may direct, and shall, if necessary, appoint a day for such bankrupt to surrender and conform: Provided that the Court shall have power from time to time to enlarge the time for the bankrupt surrendering himself, for such time as the Court shall think fit, so as every such order be made six days at least before the day on which such bank- rupt was to surrender himself: Provided also, that if any person so adjudged bankrupt shall before the expiration of the time allowed for showing cause, surrender himself, and give his consent, testified in writing under his hand, to such adjudication being advertised, the Court after such consent so given, shall forthwith cause the notice of adjudication to be advertised and appoint the sittings for the bankrupt to surrender and conform.
595
If bankrupt in prison,
point a person to attend him.
52. Whenever any bankrupt is in prison, or in custody under any process, attachment, execation, commitment or sentence, the Court may Court mayap- appoint a person to attend him from time to time to produce to him his books, papers and writings, in order that he may prepare his balance sheet and show the particulars of his estate and effects.
m
53. When any person shall have been adjudged a bankrupt, all his personal estate and effects present and future, wheresoever the same may be found or known, and all property which he may purchase, or which
Bankrupt's property to vest in the assignees.
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