The Provincial Insolvency Act, 1920
Central · 1920
- S. 1Short title and extent.
- S. 2Definitions.
- S. 3Insolvency jurisdiction.
- S. 4Power of Court to decide all questions arising in insolvency.
- S. 5General powers of Courts.
- S. 6Act of insolvency.
- S. 7Petition and adjudication.
- S. 8Exemption of corporation, etc., from insolvency proceedings.
- S. 9Conditions on which creditor may petition.
- S. 10Conditions on which debtor may petition.
- S. 11Court to which petition shall be presented.
- S. 12Verification of petition.
- S. 13Contents of petition.
- S. 14Withdrawal of petitions.
- S. 15Consolidation of petitions.
- S. 16Power to change carriage of proceedings.
- S. 17Continuance of proceedings on death of debtor.
- S. 18Procedure for administration of petition.
- S. 19Procedure on admission of petition.
- S. 20Appointment of interim receiver.
- S. 21Interim proceedings against debtor.
- S. 22Duties of debtors.
- S. 23Release of debtor.
- S. 24Procedure at hearing.
- S. 25Dismissal of petition.
- S. 26Award of compensation.
- S. 27Order of adjudication.
- S. 28Effect of an order of adjudication.
- S. 28AInsolvent's property to comprise certain capacity.
- S. 29Stay of pending proceeding.
- S. 30Publication of order of adjudication.
- S. 31Protection of order.
- S. 32Power to arrest after adjudication.
- S. 33Schedule of creditors.
- S. 34Debts provable under the Act.
- S. 35Power to annul adjudication of insolvency.
- S. 36Power to cancel one of concurrent orders of adjudication.
- S. 37Proceedings on annulment.
- S. 38Compositions and schemes of arrangement.
- S. 39Order on approval.
- S. 40Power to re-adjudge debtor insolvent.
- S. 41Discharge.
- S. 42Cases in which Court must refuse an absolute discharge.
- S. 43Adjudication to be annulled on failure to apply for discharge.
- S. 44Effect of order of discharge.
- S. 45Debt payable at a future time.
- S. 46Mutual dealings and setoff.
- S. 47Secured creditors.
- S. 48Interest.
- S. 49Mode of proof.
- S. 50Disallowance and reduction of entries in schedule.
- S. 51Restriction of rights of creditor under execution.
- S. 52Duties of Court executing decree as to property taken in execution.
- S. 53Avoidance of voluntary transfer.
- S. 54Avoidance of preference in certain cases.
- S. 54ABy whom petitions for annulment may be made.
- S. 55Protection of bona fide transactions.
- S. 56Appointment of Receiver.
- S. 57Power to appoint Official Receivers.
- S. 58Powers of Court if no receiver appointed.
- S. 59Duties and powers of receiver.
- S. 59APower to require information regarding insolvent's property.
- S. 60Special provisions in regard to immovable property.
- S. 61Priority of debts.
- S. 62Calculation of dividends.
- S. 63Right of creditor who has not proved debt before declaration of a dividend.
- S. 64Final dividend.
- S. 65No suit for dividend.
- S. 66Management by and allowance to insolvent.
- S. 67Right of insolvent to surplus.
- S. 67ACommittee of inspection.
- S. 68Appeal to Court against receiver.
- S. 69Offences by debtors.
- S. 70Procedure on charge under section 69.
- S. 71Criminal liability after discharge or composition.
- S. 72Undischarged insolvent obtaining credit.
- S. 73Disqualifications of insolvent.
- S. 74Summary administration.
- S. 75Appeals.
- S. 76Costs.
- S. 77Courts to be auxiliary to each other.
- S. 78Limitation.
- S. 79Power to make rules Power to make rules.
- S. 80Delegation of powers to Official Receivers.
- S. 81Power of State Government to bar application of certain provisions to certain Courts.
- S. 82Savings.
- S. 83Repeals.