Section 17Part 4 — Proceedings on a Bankruptcy Petition
Debtor’s petition, what statement to accompany same
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Every petition presented by a debtor shall be accompanied by a statement verified in the prescribed manner of the debtor’s property, the debtor’s debts and liabilities, the debtor’s creditors, and of the value and dates of the securities held by them, and of the dates when such securities were actually given, together with a general statement of the profits, losses and expenses of any business in which the debtor may have been engaged during the twelve months preceding the presentation of the petition, and a memorandum explanatory of the causes of the debtor’s insolvency.
No petition by a debtor against themself shall be received unless accompanied by the statement required by subsection (1), nor shall any order be made on any such petition unless a copy thereof shall have been served on the Trustee, and the Trustee, admitting such service, shall apply for such order. Any order made on such petition shall be an absolute order.
Referenced By
- Section 32 — Order for debtor to file statement of the debtor’s affairs, and service thereof
containing the particulars specified in section 17