The Final Examination Guide to Bankruptcy

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Stevens, 1873 - Bankruptcy - 84 pages
 

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Page 31 - All goods and chattels being at the commencement of the bankruptcy in the possession, order, or disposition of the bankrupt, being a trader, by the consent and permission of the true owner, of which goods and chattels the bankrupt is reputed owner, or of which he has taken upon himself the sale or disposition as owner,
Page 30 - Property" means and includes money, goods, things in action, land, and every description of property whether real or personal, also obligations, easements, and every description of estate, interest and profit, present or future, vested or contingent, arising out of or incident to property as above defined (s. 4).
Page 40 - it is provided that every conveyance or transfer of property or charge thereon made, every payment made, every obligation incurred, and every judicial proceeding taken or suffered by any person unable to pay his debts as they become due from his
Page 16 - shall be paid in priority to all other debts. Between themselves such debts shall rank equally and shall be paid in full, unless the property of the bankrupt is insufficient to meet them, in which case they shall abate in equal proportions between themselves:— (i.)
Page 37 - against such trustee, unless the parties claiming thereunder can prove that the settlor was at the time of making the settlement able to pay all his debts without the aid of the property comprised in such settlement
Page 30 - order of the Court releasing the trustee shall discharge him from all liability in respect of any act done or default made by him in the administration of the affairs of the bankrupt, or otherwise in relation to his conduct as trustee. But such order may be revoked by the Court on proof that it was obtained by fraud
Page 9 - in bankruptcy ? Demands in the nature of unliquidated damages arising otherwise than by reason of a contract or promise shall not be provable in bankruptcy, and no person having notice of any act of bankruptcy available for adjudication against the bankrupt, shall prove for any debt or liability contracted by the bankrupt subsequently to the date of his so having notice
Page 37 - application of the trustee, shall from time to time make such order as it thinks just for the payment of such salary or income, or of any part thereof, to the trustee during the bankruptcy, and to the registrar, if necessary, after the close of the bankruptcy, to be applied by him in such manner as the Court may
Page 41 - own moneys in favour of any creditor, or any person in trust for any creditor, with a view of giving such creditor a preference over the other creditors, shall, if the person making, taking, or paying,
Page 38 - unless the parties claiming thereunder can prove that the settlor was at the time of making the settlement able to pay all his debts without the aid of the property comprised in such settlement,

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