Amendment status not verified — confirm the current text below against the official source.
(1) When all the claims have been confirmed under section 39, the 50[Collector] shall submit to the Government through the Court, a schedule of the debts and liabilities of the ward, and the Government may, where the property appears to be involved in debts beyond any hope of extrication, or for any other sufficient cause, by order published in the 51[Official Gazette] direct that on a date to be specified, the superintendence of the property of the ward shall be withdrawn. From the said date,- (a) the superintendence shall terminate, (b) the possession of the property under superintendence shall be delivered to the owner thereof, (c) the contracts entered into by the Court for the preservation and benefit of the property shall be binding upon the owner, and (d) the claims referred to in sub-section (3) of section 35 shall revive.