Bankruptcy.
FORM 69.
the
the
NOTICE TO OFFICIAL RECEIVER OF APPLICATION TO COURT BY DEBTOR TO APPROVE COMPOSITION OR SCHEME.
(Title.)
"
,
Take notice that application will be made to the court on
day of
19
at
o'clock in noon, to approve the composition [or scheme] accepted on the
day of
19
by the statutory majority of creditors.
Dated this
day of
19
•
Debtor.
[s. 20 (12); rule 12.]
FORM 70.
ORDER ON APPLICATION TO APPROVE COMPOSITION OR SCHEME.
On the application of
(Title.)
the report of the Official Receiver filed on the
of
•
and on reading
day and hearing the Official Receiver and
and the court being satisfied that the creditors in the above matter have duly accepted a composition [or scheme] in the following terms, namely [here insert terms if short; if not, insert in the terms contained in the paper writing marked "A", annexed hereto]* and being satisfied that the said terms are reasonable and calculated to benefit the general body of creditors and that the case is not one in which the court would be required, if the debtor were adjudged bankrupt, to refuse an order of discharge.
[and as the case may be.]
And being satisfied-
(a) that no facts have been proved which would justify the court in refusing, qualifying or suspending an order of discharge;
or
(b) that facts have been proved which would justify the court in refusing, qualifying or suspending an order of discharge, but that having regard to the nature of such facts, and the composition [or scheme] providing reasonable security for payment of not less than twenty-five per cent on all the unsecured debts provable against the debtor's estate, the said composition [or scheme] is hereby approved, and it is ordered-
(a) That the receiving order made against the said
on the
day of
is hereby discharged,
or
19
}
(b) That the order of adjudication made against the said
on the
day of
be and the same is hereby annulled.
19
9
•
461
[CAP. 6
Bankruptcy.
FORM 69.
the
the
NOTICE TO OFFICIAL RECEIVER OF APPLICATION TO COURT BY
DEBTOR TO APPROVE COMPOSITION OR SCHEME.
(Title.)
"
,
Take notice that application will be made to the court on
day of
19
at
o'clock in noon, to approve the composition [or scheme] accepted on the
day of
19 statutory majority of creditors.
>
by the
Dated this
day of
FORM 70.
19
•
Debtor.
[s. 20 (12); rule 12.]
ORDER ON APPLICATION TO APPROVE COMPOSITION OR SCHEME.
On the application of
(Title.)
the report of the Official Receiver filed on the of
•
and on reading day and hearing the Official Receiver and and the court being satisfied that the creditors in the above matter have duly accepted a composition [or scheme] in the following terms, namely [here insert terms if short; if not, insert in the terms contained in the paper writing marked "A", annexed hereto]* and being satisfied that the said terms reasonable and calculated to benefit the general body of creditorst and that the case is not one in which the court would be required, if the debtor were adjudged bankrupt, to refuse an order of discharge.
[and as the case may be.]
And being satisfied-
are
(a) that no facts have been proved which would justify the court in refusing, qualifying or suspending an order of discharge;
or
(b) that facts have been proved which would justify the court in refusing, qualifying or suspending an order of discharge, but that having regard to the nature of such facts, and the composition [or scheme] providing reasonable security for payment of not less than twenty-five per cent on all the unsecured debts provable against the debtor's estate, the said composition [or scheme] is hereby approved, and it is ordered-
(a) That the receiving order made against the said on the
day of is hereby discharged,
or
19
}
be and the same
>
(b) That the order of adjudication made against the said
on the
day of
be and the same is hereby annulled.
19
9
•
461
[CAP. 6
No comments yet.
Private notes are available after approval.