The Exchequer Reports; Reports of Cases Argued and Determined in the Courts of Exchequer & Exchequer Chamber Easter Term, 19 Vict., [1856] to [Hilary Vacation, 25 Vict 1862] Both Inclusive

The Exchequer Reports; Reports of Cases Argued and Determined in the Courts of Exchequer & Exchequer Chamber Easter Term, 19 Vict., [1856] to [Hilary Vacation, 25 Vict 1862] Both Inclusive

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1862 edition. Excerpt: ...filed against him on the 22nd January, 1858, and he had been thereunder adjudicated bankrupt, &c., shall be administered as nearly as circumstances will admit, having regard to the provisions hereof upon the principles and according to the rules and practice of the bankrupt law in England, and as if such petition for adjudication of bankruptcy had been filed, and such adjudication made as aforesaid." Then, does the statute render it essential that the whole assets of the debtor should be distributed, without any exception of such allowances and payments of effects or monies of the debtor as the inspectors may in their discretion authorize and direct, but not exceeding in quantity or amount the allowances which might have been made to the debtor out of his estate and effects under the statutes relating to bankrupts. This case differs from Snodin v. Boyce, because here the allowances are in the discretion of the inspectors, and as the intention was that the deed should be valid, it would be their duty to exercise that discretion so as not to violate the power conferred upon them by the Act. By the 194th section the Court may make such allowance to the bankrupt, until he shall have passed his last examination, as shall be necessary for the support of himself and his family. By the 195th section a bankrupt who shall have obtained his certificate shall be allowed a per centage on the net produce of his estate, increasing in proportion to the dividend; and by the 196th section one partner may receive allowance 1801. although the other is not entitled. By the 17 &18 Vict. c. 119, s. 25, a bankrupt is allowed to retain such - articles of household furniture, and tools, implements of DoNtOF., trade, and other like necessaries as he shall...show more

Product details

  • Paperback | 336 pages
  • 189 x 246 x 18mm | 599g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236629884
  • 9781236629883