1950_PROOF_OF_DEBTS_RULES — Page 6

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Bankruptcy.

after notice to the creditor who made the proof, expunge the proof or reduce its amount.

24. If a creditor is dissatisfied with the decision of the trustee in respect of a proof the court may, on the application of the creditor, reverse or vary the decision. Official Receiver or trustee shall not be personally liable for any costs in respect of the rejection by him in whole or in part of any proof unless it is proved to the satisfaction of the court that he has acted mala fide or with gross negligence.

25. The court may also expunge or reduce a proof upon the application of a creditor if the trustee declines to interfere in the matter, or in the case of a composition or scheme, upon the application of the debtor.

26. The Official Receiver before the appointment of a trustee shall have all the powers of a trustee with respect to the examination, admission and rejection of proofs, and any act or decision of his in relation thereto shall be subject to the like appeal.

27. These rules may be cited as the Proof of Debts Rules.

[CAP. 6

BANKRUPTCY RULES.

(Cap. 6, section 113).

(Ordinance No. 10 of 1931).

[18th November, 1932.]

(The marginal references, e.g., "R1.", are to the English

Bankruptcy Rules, 1915.)

PART I.

PRELIMINARY.

Regulations--- Fraser, vol. 3, p. 1146.

1. These rules may be cited as the Bankruptcy Rules. Short title.

R1.

Page 361

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Bankruptcy. after notice to the creditor who made the proof, expunge the proof or reduce its amount. 24. If a creditor is dissatisfied with the decision of the trustee in respect of a proof the court may, on the application of the creditor, reverse or vary the decision. Official Receiver or trustee shall not be personally liable for any costs in respect of the rejection by him in whole or in part of any proof unless it is proved to the satisfaction of the court that he has acted mala fide or with gross negligence. 25. The court may also expunge or reduce a proof upon the application of a creditor if the trustee declines to interfere in the matter, or in the case of a composition or scheme, upon the application of the debtor. 26. The Official Receiver before the appointment of a trustee shall have all the powers of a trustee with respect to the examination, admission and rejection of proofs, and any act or decision of his in relation thereto shall be subject to the like appeal. 27. These rules may be cited as the Proof of Debts Rules. [CAP. 6 BANKRUPTCY RULES. (Cap. 6, section 113). (Ordinance No. 10 of 1931). [18th November, 1932.] (The marginal references, e.g., "R1.", are to the English Bankruptcy Rules, 1915.) PART I. PRELIMINARY. Regulations--- Fraser, vol. 3, p. 1146. 1. These rules may be cited as the Bankruptcy Rules. Short title. R1. Page 361
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Bankruptcy. after notice to the creditor who made the proof, expunge the proof or reduce its amount. 24. If a creditor is dissatisfied with the decision of the trustee in respect of a proof the court may, on the applica- The tion of the creditor, reverse or vary the decision. Official Receiver or trustee shall not be personally liable for any costs in respect of the rejection by him in whole or in part of any proof unless it is proved to the satisfaction of the court that he has acted mala fide or with gross negligence. 25. The court may also expunge or reduce a proof upon the application of a creditor if the trustee declines to interfere in the matter, or in the case of a composition or scheme, upon the application of the debtor. 26. The Official Receiver before the appointment of a trustee shall have all the powers of a trustee with respect to the examination, admission and rejection of proofs, and any act or decision of his in relation thereto shall be sub- ject to the like appeal. 27. These rules may be cited as the Proof of Debts Rules. [CAP. 6 BANKRUPTCY RULES. (Cap. 6, section 113). (Ordinance No. 10 of 1931). [18th November, 1932.] (The marginal references, e.g., "RI.", are to the English Bankruptcy Rules, 1915.) PART I. PRELIMINARY. Regulations--- Fraser, vol. 3, p. 1146. 1. These rules may be cited as the Bankruptcy Rules. Short title. R1. S 361 --
2026-05-03 23:57:02 · Baseline
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Bankruptcy.

after notice to the creditor who made the proof, expunge the proof or reduce its amount.

24. If a creditor is dissatisfied with the decision of the trustee in respect of a proof the court may, on the applica- The tion of the creditor, reverse or vary the decision. Official Receiver or trustee shall not be personally liable for any costs in respect of the rejection by him in whole or in part of any proof unless it is proved to the satisfaction of the court that he has acted mala fide or with gross negligence.

25. The court may also expunge or reduce a proof upon the application of a creditor if the trustee declines to interfere in the matter, or in the case of a composition or scheme, upon the application of the debtor.

26. The Official Receiver before the appointment of a trustee shall have all the powers of a trustee with respect to the examination, admission and rejection of proofs, and any act or decision of his in relation thereto shall be sub- ject to the like appeal.

27. These rules may be cited as the Proof of Debts Rules.

[CAP. 6

BANKRUPTCY RULES.

(Cap. 6, section 113).

(Ordinance No. 10 of 1931).

[18th November, 1932.]

(The marginal references, e.g., "RI.", are to the English

Bankruptcy Rules, 1915.)

PART I.

PRELIMINARY.

Regulations--- Fraser, vol. 3, p. 1146.

1. These rules may be cited as the Bankruptcy Rules. Short title.

R1.

S

361

--

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