BANKRUPTCY ACT
AN ANOMALY THAT NEEDS ATTENTION The Official Assignee (Mr. S. R. Tansley) referred to an anomaly in the Bankruptcy Act when presiding over a meeting of creditors yesterday morning. At present, he said, a man could come before his creditors witli a statement of his assets and liabilities “as near as he could guess them.” As it was necessary to have an accountant’s certificate before the matter could be handed to the Crown Prosecutor, the cost of this, in the event of the creditors being dissatisfied with the statement and books of the bankrupt, was to be borne by the creditors desiring to take the matter < to Court, There was great need of an amendment to cover this anomaly.
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Dominion, Volume 18, Issue 105, 29 January 1924, Page 6
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121BANKRUPTCY ACT Dominion, Volume 18, Issue 105, 29 January 1924, Page 6
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