In instances of business financing the fresh new provisions of the Insolvency in addition to case of bankruptcy Password could be applicable
- Attachment away from business of your own moveable or immovable possessions of your defendant.
- Stop of your accused and his awesome detention inside prison.
- Appointing a receiver towards the handling of the latest movable otherwise immovable functions of accused.
Less than Area 26 of your Work it will never be open with the accused in order to dispute through to the Healing Administrator concerning your correctness of your amount given on the certificate granted by the presiding administrator as well as the debtor do not make objection in regard to towards certification towards any surface
The new Tribunal significantly less than Part 19(24) shall be dealt from it expeditiously and you will services is made so you can finally dispose of the program designed to they within one hundred eighty weeks about acknowledgment of one’s app. Your debt Recuperation Appellate Tribunal will together with proceed with the exact same provisions less than Area 20(6) of the Work therefore the desire might be disposed inside six months on go out away from bill out of notice. (more…)