1964_BANKRUPTCY_ORDINANCE — Page 4

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1986 Ed.]

Bankruptcy

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(2) The continuing members of the committee, provided there be not less than 2 such continuing members, may act notwith- standing any vacancy in their body.

(3) Upon the making of any order for such appointment, removal or filling of a vacancy the provisions of section 24(1), (7), (8) or (9), as the case may be, shall cease to apply to the bankruptcy and any action taken under such provisions in respect of any appoint- ment of a committee of inspection, any removal of any member thereof or the filling of any vacancy therein shall cease to have effect. (Added, 21 of 1965, s. 2)

100F. The court may by order give such directions to the Official Receiver or trustee as it shall think fit for the purpose of keeping creditors informed of any matter relating to the bankruptcy and for ascertaining their wishes, and may require the Official Receiver or trustee to make such reports to the court as it may specify.

(Added, 21 of 1965, s. 2)

100G. (1) The court may order that any creditor wishing to exercise his right to question the debtor on his public examination under section 19(4) shall give notice in writing of such intention to the Official Receiver, and may direct that no creditor may exercise such right unless notice is received by the Official Receiver within such time as may be specified.

(2) For the purpose of this section the court may direct that notice of the public examination of a debtor shall be published in such manner as it may specify, and notice of such examination or of adjourned hearings thereof shall not be required to be sent to creditors individually.

( Added, 21 of 1965, s. 2)

100H. (1) Where the bankrupt was carrying on the business of a bank, any creditor who is a depositor, whether on current, savings, deposit, fixed deposit or other account, shall, unless and until the Official Receiver by notice in writing requires him to make a formal proof of debt, be deemed to have proved his debt-

(a) for voting purposes, for the net balance to his credit in the books of the bank on all his accounts taken together, at the date of the receiving order:

Provided that if the said balance does not exceed $100 he shall not be deemed to have proved his debt for the purposes of sections 20(2) and (4), 25(1) and 100B(4); and

(b) for dividend purposes, for the said balance plus or minus, as the case may be, the net amount of interest accrued due by or to the bank on the said accounts at the date of the receiving order.

(2) Any debt which is deemed to have been proved by virtue of subsection (1) shall be treated as if a proof thereof had been duly

Informing creditors and ascertaining their wishes.

Creditors to give notice of intention to take part in public examination.

Proof of debts in the case of banks.