A 'bankruptcy notice' is:
A) an order of the court declaring a person to be bankrupt.
B) a notice by the trustee in bankruptcy calling upon creditors to lodge a proof of debt
C) a notice to customers of the bankrupt person informing them of the bankruptcy.
D) a demand for repayment of a debt in the prescribed format, a failure to comply with which will be an act of bankruptcy.
Correct Answer:
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Q6: After a sequestration order has been made
Q7: The bankruptcy process is initiated by means
Q8: A 'sequestration order' is an order of
Q9: The Official Receiver of a bankruptcy district
Q10: Which of the following documents need not
Q12: Bankruptcy proceedings are heard by:
A)the District Court.
B)the
Q13: On being made bankrupt, all the bankrupt
Q14: Which of the following categories of persons
Q15: What is the role of the trustee
Q16: The idea that a bankruptcy is deemed
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