1977 Ed.]
Bankruptcy Rules
[CAP. 6
A 39
[Subsidiary]
(b) the Official Receiver reports to the court that—
(i) the debtor has absconded; or
(ii) the debtor does not intend to propose a composition or scheme; or
(iii) the composition or scheme proposed is not reasonable or not calculated to benefit the general body of creditors,
the court may forthwith adjudge the debtor bankrupt.
required, the
(5) The first meeting of creditors may be held on any day fixed by the Official Receiver, and if a quorum of creditors is not present, it shall not be necessary to adjourn the meeting.
(6) On an application by the bankrupt for his discharge, the certificate of the Official Receiver referred to in rule 88(1)(b) shall not include creditors whose debts do not exceed $100, and notice of the appointment by the court of the day for the hearing of the application shall not be sent to such creditors.
(7) Notices of meetings other than first meetings shall not be sent to creditors whose debts do not exceed $100
&
(8) The fees and charges payable to any person under and within the prescribed scale may, unless the Official Receiver otherwise requires, be paid and allowed without reduction or taxation.
12345
IN143/5
PART IV
OFFICIAL RECEIVER, TRUSTEES, SPECIAL MANAGERS, SECURITY BY
TRUSTEE OR SPECIAL MANAGER, GAZETTING, ACCOUNTS
AND AUDIT, UNCLAIMED FUNDS
Official Receivers
150. (1) As soon as the Official Receiver has been appointed to the receivership of an estate, he shall furnish the debtor with a form for the preparation of his statement of affairs.
(2) The Official Receiver or some person deputed by him shall also forthwith hold a personal interview with the debtor for the purpose of investigating his affairs.
(3) It shall be the duty of the debtor to attend at such times and places as the Official Receiver may appoint.
151. Subject to any general or special directions which the court may give, the Official Receiver, while in the possession of the property of a debtor, may make him such allowance out of his property for the support of himself and his family as may be just. In fixing the amount of such allowance, the assistance rendered by the debtor in the management of his business or affairs may be taken into account.
debtor's statement of affairs. R311. Form 28.
Subsistence allowance to debtor. R312.
1977 Ed.]
Bankruptcy Rules
[CAP. 6
A 39
[Subsidiary]
(b) the Official Receiver reports to the court that—
(i) the debtor has absconded; or
(ii) the debtor does not intend to propose a composition or scheme; or
(iii) the composition or scheme proposed is not reason- able or not calculated to benefit the general body of creditors,
the court may forthwith adjudge the debtor bankrupt.
required, the
(5) The first meeting of creditors may be held on any day fixed by the Official Receiver, and if a quorum of creditors is not present, it shall not be necessary to adjourn the meeting.
(6) On an application by the bankrupt for his discharge, the certificate of the Official Receiver referred to in rule, 88(1)(b) shall not include creditors whose debts do not exceed $100, and notice of the appointment by the court of the day for the hearing of the application shall not be sent to such creditors.
(7) Notices of meetings other than first meetings shall not be sent to creditors whose debts do not exceed $100
&
(8) The fees and charges payable to any person under and within the prescribed scale may, unless the Official Receiver other- wise requires, be paid and allowed without reduction or taxation.
12345
IN 143/5
PART IV
OFFICIAL RECEIVER, TRUSTEES, SPECIAL MANAGERS, SECURITY BY
TRUSTEE OR SPECIAL MANAGER, GAZETTING, ACCOUNTS
AND AUDIT, UNCLAIMED FUNDS
Official Receivers
150. (1) As soon as the Official Receiver has been appointed Duties as to to the receivership of an estate, he shall furnish the debtor with a form for the preparation of his statement of affairs.
(2) The Official Receiver or some person deputed by him shall also forthwith hold a personal interview with the debtor for the purpose of investigating his affairs.
(3) It shall be the duty of the debtor to attend at such times and places as the Official Receiver may appoint.
151. Subject to any general or special directions which the court may give, the Official Receiver, while in the possession of the property of a debtor, may make him such allowance out of his property for the support of himself and his family as may be just. In fixing the amount of such allowance, the assistance rendered by the debtor in the management of his business or affairs may be taken into account.
debtor's state- ment of affairs. R311. Form 28.
Subsistence allowance to debtor.
R312.
1
!
No comments yet.
Private notes are available after approval.