Amendment status not verified — confirm the current text below against the official source.
Procedure for admission of petition.-The procedure laid down in the Code of Civil Procedure, 1908, with respect to the admission of plaints, shall, so far as it is applicable, be followed in the case of insolvency petitions. ,19. Procedure on admission of petition.-(1) Where an in- solvency petition is admitted, the Court shall make an order fixing a date hearing the petition. (2) Notice of the order under sub-section (1) shall be given to creditors in such manner as may be prescribed. (3) Where the debtor is not the petitioner, notice of the order under sub-section (1) shall be served on him in the manner provided for the service of summons.