1901_BANKRUPTCY_ORDINANCE__1891 — Page 6

HK Historical Laws 香港歷史法例 All AI Reviewed

AD. 1891.]

BANKRUPTCY.

[No. 7.

19

debtor is indebted in respect of any debt provable in bankruptcy shall have any remedy against the property or person of the debtor in respect of the debt or shall commence or continue any action or other legal proceedings, except with the leave of the Court and on such terms as the Court may impose. On making the receiving order, the Court may, if it thinks fit, direct that no execution against the person of the debtor shall be stayed until the debtor finds sufficient security to appear and abide by all orders of the Court in relation to the bankruptcy proceedings or until further order, and in such case any creditor may, in the meantime, proceed to execution against the person of the debtor in the same way as if no receiving order had been made.

(2) Nothing in sub-section (1) of this section shall affect the power of any secured creditor to realize or otherwise deal with his security in the same manner as he would have been entitled to realize or deal with it if this section had not been passed.

(3) If, at the date of the receiving order, the debtor is a prisoner under an execution for a civil debt, he shall not be entitled to his release except by order of the Court, but the Court may, in its discretion, order his release either unconditionally or subject to such conditions as it may deem fit to secure the debtor's presence at the subsequent proceedings or otherwise.

(1) The Court, if it thinks fit, if it is shown to be necessary for the protection of the estate, may, at any time after the presentation of a bankruptcy petition and before a receiving order is made, appoint the Official Receiver to be interim receiver of the property of the debtor or of any part thereof, and direct him to take immediate possession thereof or of any part thereof, including all books of account and other papers and documents belonging to the debtor and relating to his business.

At any time after the presentation of a bankruptcy petition, the Court may, in its discretion, stay any action, execution, or other legal process against the property or person of the debtor or allow it to continue on such terms as it may think just.

c. 52 s. 10.

12.

(1) In any case where it is desirable that the debtor's business should be temporarily carried on and it is inconvenient for the Official Receiver to carry it on, the Court may appoint a special manager for the purpose under the direction of the Official Receiver until the appointment of the Trustee.

The Court may also, if necessary, appoint an interim receiver for the protection of the estate to act under the direction of the Official Receiver.

Edit History

2026-05-02 19:36:16 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
Live
View comparison
AI Proofread
BANKRUPTCY.[No. 7.19debtor is indebted in respect of any debt provable in bankruptcy shall have any remedy against the property or person of the debtor in respect of the debt or shall commence or continue any action or other legal proceedings, except with the leave of the Court and on such terms as the Court may impose. On making the receiving order, the Court may, if it thinks fit, direct that no execution against the person of the debtor shall be stayed until the debtor finds sufficient security to appear and abide by all orders of the Court in relation to the bankruptcy proceedings or until further order, and in such case any creditor may, in the meantime, proceed to execution against the person of the debtor in the same way as if no receiving order had been made.(2) Nothing in sub-section (1) of this section shall affect the power of any secured creditor to realize or otherwise deal with his security in the same manner as he would have been entitled to realize or deal with it if this section had not been passed.(3) If, at the date of the receiving order, the debtor is a prisoner under an execution for a civil debt, he shall not be entitled to his release except by order of the Court, but the Court may, in its discretion, order his release either unconditionally or subject to such conditions as it may deem fit to secure the debtor's presence at the subsequent proceedings or otherwise.(1) The Court, if it thinks fit, if it is shown to be necessary for the protection of the estate, may, at any time after the presentation of a bankruptcy petition and before a receiving order is made, appoint the Official Receiver to be interim receiver of the property of the debtor or of any part thereof, and direct him to take immediate possession thereof or of any part thereof, including all books of account and other papers and documents belonging to the debtor and relating to his business.At any time after the presentation of a bankruptcy petition, the Court may, in its discretion, stay any action, execution, or other legal process against the property or person of the debtor or allow it to continue on such terms as it may think just.c. 52 s. 10.12.(1) In any case where it is desirable that the debtor's business should be temporarily carried on and it is inconvenient for the Official Receiver to carry it on, the Court may appoint a special manager for the purpose under the direction of the Official Receiver until the appointment of the Trustee.The Court may also, if necessary, appoint an interim receiver for the protection of the estate to act under the direction of the Official Receiver.
Baseline (Original)
BANKRUPTCY.[No. 7.19debtor is indebted in respect or any debt provable in bankruptcy shall have any remedy against the property or person of the debtor in respect of the debt or shall commence or continue any action or other legal proceedings, except with the leave of the Court and on Buch terms as the Court may impose. On making the receiving order, the Court may, if it thinks fit, direct that no execution against the person of the debtor shall be stayed until the debtor finds sufficient security to appear and abide by all orders of the Court in relation to the bankruptcy proceedings or until further order, and in such case any creditor may, in the meantime, proceed to execution against. the person of the debtor in the same way as if no receiving order had been made.(2) Nothing in sub-section (1.) of this section shall affect the power of any secured creditor to realize or otherwise deal with his security in the same manner as he would have been entitled to realize or deal with it if this section had not been passed.(3.) If, at the date of the receiving order, the debtor is a prisoner under an execution for a civil debt, he shall not be entitled to his release except by order of the Court, but the Court may, in its discretion, order his release either unconditionally or subject to such conditions as it may deem fit to secure the debtor's presence at the subsequent proceedings or otherwise.order for11(1.) The Court, if it thinks fit, if it is shown to be necessary forMaking of the protection of the estate, may, at any time after the presentation of immediate @bankruptcy petition and before a receiving order is made, appoint the possession ofbankrupt', Offcial Receiver to be interim receiver of the property of the debtorproperty after or of any part thereof, and direct him to take immediate possessionpetition. thereof or of any part thereof, including all books of account and other46 & 47 Vict.. papers and documents belonging to the debtor and relating to his business.At any time after the presentation of a bankruptcy petition, the Court may, in its discretion, stay any action, execution, or other legal process against the property or person of the debtor or allow it to mue on such terms as it may think just.c. 52 s. 10.12.(1) In any case where it is desirable that the debtor's business Appointment porarily carried on and it is inconvenient for the Official Receiver Carry it on, the Court may appoint a special manager for the purposereceiver. Cas under the direction of the Official Receiver until the appointment of the Trustee.of manager or interimIb. 8. 12:The Court may also, if necessary, appoint an interim receiver for otection of the estate to act under the direction of the Official ver
2026-05-02 19:36:16 · Baseline
View content

AD. 1891.]

BANKRUPTCY.

[No. 7.

19

debtor is indebted in respect or any debt provable in bankruptcy shall have any remedy against the property or person of the debtor in respect of the debt or shall commence or continue any action or other legal proceedings, except with the leave of the Court and on Buch terms as the Court may impose. On making the receiving order, the Court may, if it thinks fit, direct that no execution against the person of the debtor shall be stayed until the debtor finds sufficient security to appear and abide by all orders of the Court in relation to the bankruptcy proceedings or until further order, and in such case any creditor may, in the meantime, proceed to execution against. the person of the debtor in the same way as if no receiving order had

been made.

(2) Nothing in sub-section (1.) of this section shall affect the power of any secured creditor to realize or otherwise deal with his security in the same manner as he would have been entitled to realize or deal with it if this section had not been passed.

(3.) If, at the date of the receiving order, the debtor is a prisoner under an execution for a civil debt, he shall not be entitled to his release except by order of the Court, but the Court may, in its discretion, order his release either unconditionally or subject to such conditions as it may deem fit to secure the debtor's presence at the subsequent proceedings or otherwise.

order for

11(1.) The Court, if it thinks fit, if it is shown to be necessary for Making of the protection of the estate, may, at any time after the presentation of immediate @bankruptcy petition and before a receiving order is made, appoint the possession of

bankrupt', Offcial Receiver to be interim receiver of the property of the debtor property after or of any part thereof, and direct him to take immediate possession petition. thereof or of any part thereof, including all books of account and other 46 & 47 Vict.. papers and documents belonging to the debtor and relating to his

business.

At any time after the presentation of a bankruptcy petition, the Court may, in its discretion, stay any action, execution, or other legal process against the property or person of the debtor or allow it to

mue on such terms as it may think just.

c. 52 s. 10.

12.

(1) In any case where it is desirable that the debtor's business Appointment porarily carried on and it is inconvenient for the Official Receiver Carry it on, the Court may appoint a special manager for the purpose receiver. Cas under the direction of the Official Receiver until the appointment of the Trustee.

of manager or interim

Ib. 8. 12:

The Court may also, if necessary, appoint

an interim receiver for

otection of the estate to act under the direction of the Official

ver

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.