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Northern Irish Legislation

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IRISH BANKRUPT AND INSOLVENT ACT 1857 - SECT 290

Final dividend within eighteen months, except where suits depending or estates not sold, &c.

290. If the estate shall not have been wholly divided upon the first dividend,
the Court shall, within eighteen months after the filing of the petition,
appoint a public sitting to make a second dividend, of which such notice shall
be given as the Court shall by any general or special order direct, and at
such sitting shall order the balance in hand to be forthwith divided; and such
second dividend shall be final, unless any suit be depending, or any part of
the estate be not sold or disposed of, or unless some other estate or effects
shall afterwards come to the assignees, in which case they shall as soon as
may be convert such estate and effects into money; and within two months after
the same shall be so converted the same shall also be divided in manner
aforesaid.]


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