Bankruptcy Act 1966

PART IV - PROCEEDINGS IN CONNEXION WITH BANKRUPTCY  

Division 2 - Creditors ' petitions  

SECTION 46   PETITION AGAINST 2 OR MORE JOINT DEBTORS  

46(1)   [Whether partners or not]  

A creditor ' s petition may be presented against 2 or more joint debtors, whether partners or not.

46(2)   [Sequestration order against some only]  

Where there are 2 or more respondents to a creditor ' s petition, the Court may make a sequestration order against one or more of them and dismiss the petition in so far as it relates to the other or others.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.