bankruptcy order

bankruptcy order

n
(Law) a court order appointing a receiver to manage the property of a debtor or bankrupt. Former name: receiving order
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A statutory demand from the High Court ordered Mulei's company to pay the debt or else the creditor would file a bankruptcy order against it.
That initial bankruptcy order was imposed three years ago after the former Strictly Come Dancing star racked up debts - blamed on a gambling addiction - of more than PS450,000 which he could not pay back.
In August of 2014, Fred's moved to permanently enjoin the proceedings, arguing that a release stipulated by the bankruptcy order absolved them of any products liability claims.
When the bankruptcy order is over you can make a fresh start - in many cases this can be after a year.
FORMER Rangers star Barry Ferguson has had his bankruptcy order over debts of more than PS1million lifted.
His spokesman said in a statement: "Mr Duncan is subject to a bankruptcy order in relation to his private entertainment business.
INSOLVENCY ACT 1986 IN BANKRUPTCY PONTYPRIDD COUNTY COURT NO 6 of 1992 RE: CERI REES Occupation unknown at the time of bankruptcy order 17/2/1992 - NOTICE OF FINAL INTENDED DIVIDEND.
A debtor is not automatically bankrupt despite having ceased to pay its debts; to be made bankrupt a court has to issue a bankruptcy order against the debtor.
A COMPANY director who ran up debts of more than PS500,000 and hid money from creditors has been given a 10-year bankruptcy order.
Let's start with the basics, such as when a bankruptcy order is appealable and how most bankruptcy appeals proceed.