BANKRUPTCY CASES.
TOO MANY ADJOURNMENTS. PRONOUNCEMENT BY JUDOE. Some consternation was created among counsel in the Supreme Court yesterday when Mr. Justice Hcrdman intimated that successive adjournments could not b« granted in bankruptcy cases. Tha matter was governed by the regulations of the Bankruptcy Act, he said, and the Court's duty was either to grant au application or to dismiss it, according to the regulations provided. It is stated the practice had crept in of applications in bankruptcy being f.led by creditors with the object of forcing a settlement of debt, applications for adjournment being made from time to time as long as there was any chance of money being obtained by the petitioning creditor. The Supremo Court was thus functioning as a debt-collecting medinm in similar manner to the Magistrate s Court in judgment summons cases. lii several instances yesterday His Honor advised counsel applying for adjournments to study the regulations of iho Act. Thev would then learn that the power of granting adjournments by the Court was strictly limited. It was the function of the Court to decide applications one way or the other.
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New Zealand Herald, Volume LXII, Issue 19031, 30 May 1925, Page 11
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186BANKRUPTCY CASES. New Zealand Herald, Volume LXII, Issue 19031, 30 May 1925, Page 11
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