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Start Free TrialPresidency-towns Insolvency Act, 1909 Section 50
Title: Rent Due Before Adjudication
State: Central
Year: 1909
After an order of adjudication has been made no distress for in rent due before such order shall be made upon the goods or effects of the insolvent, unless the order be annulled, but the landlord or part to whom the rent may be due shall be entitled to prove in respect of such rent.
View Complete Act List Judgments citing this sectionPresidency-towns Insolvency Act, 1909 Section 99
Title: Proceedings in Partnership Name
State: Central
Year: 1909
(1) Any two or more persons, being partners, or any person carrying on business under a partnership name, may take proceedings or be proceeded against under this Act in the name of the firm: Provided that in that case the Court may, on application by any person interested, order the names of the persons who are partners in the firm, or the name of the person carrying on business under a partnership name, to be disclosed in such manner and verified on oath or otherwise, as the Court may direct. (2) In the case of a firm in which one partner is an infant, an adjudication order may be made against the firm other than the infant partner.
View Complete Act List Judgments citing this sectionPresidency-towns Insolvency Act, 1909 Section 92
Title: Power to Change Carriage of Petition
State: Central
Year: 1909
Where the petitioner does not proceed with due diligence on his petition, the Court may substitute as petitioner any other creditor , to whom the debtor is indebted in the amount required by this Act in the case of a petitioning creditor.
View Complete Act List Judgments citing this sectionPresidency-towns Insolvency Act, 1909 Section 93
Title: Continuance of Proceedings on Death of Debtor
State: Central
Year: 1909
If a debtor by or against whom an insolvency petition has been presented dies, the proceedings in the matter shall, unless the Court otherwise orders, be continued as if he were alive.
View Complete Act List Judgments citing this sectionPresidency-towns Insolvency Act, 1909 Section 94
Title: Power to Stay Proceedings
State: Central
Year: 1909
The Court may, at any time, for sufficient reason, make an order staying the proceedings under an insolvency petition, either altogether or for a limited time, on such terms and subject to such conditions as the Court thinks just.
View Complete Act List Judgments citing this sectionPresidency-towns Insolvency Act, 1909 Section 95
Title: Power to Present Petition Against a Partner
State: Central
Year: 1909
Any creditor whose debt is sufficient to entitle him to present an insolvency petition against all the partners in a firm may present a petition against any one or more partners in the firm without including the others.
View Complete Act List Judgments citing this sectionPresidency-towns Insolvency Act, 1909 Section 96
Title: Power to Dismiss Petition Against Some Respondents Only
State: Central
Year: 1909
Where there are more respondents than one to a petition, the Court may dismiss the petition as to one or more of them without prejudice to the effect of the petition as against the other or others of them.
View Complete Act List Judgments citing this sectionPresidency-towns Insolvency Act, 1909 Section 97
Title: Separate Insolvency Petitions Against Partners
State: Central
Year: 1909
Where an order of adjudication has been made on an insolvency petition against or by one partner in a firm, any other insolvency petition against or by a partner in the same firm shall be presented in or transferred to the Court in which the first-mentioned petition is in course of prosecution; and such Court may give such directions for consolidating the proceedings under the petitions as it thinks just.
View Complete Act List Judgments citing this sectionPresidency-towns Insolvency Act, 1909 Section 98
Title: Suits by Official Assignee and Insolvents Partners
State: Central
Year: 1909
(1) Where a partner in a firm is adjudged insolvent, the Court may authorize the official assignee to continue or commence and carry on any suit or other proceeding in his name and that of the insolvent's partner; and any release by the partner of the debt or demand to which the proceeding relates shall be void. (2) Where application for authority to continue or commence any suit or any other proceeding has been made under sub-section (1), notice of the application shall be given to the insolvent's partner, and he may show cause against it, and on his application the Court may, if it thinks fit, direct that he shall receive his proper share of the proceeds of the proceeding, and if he does not claim any benefit therefrom he shall be indemnified against costs in respect thereof as the Court directs.
View Complete Act List Judgments citing this sectionPresidency-towns Insolvency Act, 1909 Section 100
Title: Warrants of Insolvency Courts
State: Central
Year: 1909
(1) A warrant of arrest issued by the Court may be executed in the same manner and subject to the same conditions as a warrant of arrest issued under the Code of Criminal Procedure, 1898, may be executed. (2) A warrant to seize any part of the property of an insolvent, issued by the Court under section 59, sub-section (1), shall be in the form prescribed, and sections 77(2), 79, 82, 83, 84 and 102 of the said Code shall, so far as may be, apply to the execution of such warrant. (3) A search-warrant issued by the Court under section 59, subsection (2), may be executed in the same manner and subject to the same conditions as a search-warrant for property supposed to be stolen may be executed under the said Code.
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