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Court to make adjudication, &c., upon certain proofs. 127. The Court under a petition filed by a creditor, shall, upon proof of the petitioning creditor's debt, and of the ... act of bankruptcy of the person against whom such petition is filed, adjudge such [person] bankrupt; or if, in case of the failure of the petitioning creditor to proceed and obtain adjudication within five days after his petition shall have been filed, or within such extended time as may be allowed by the Court, another creditor shall apply for adjudication upon such petition, then upon such application, and proof of such creditor's debt, and of the ... act of bankruptcy of the person against whom such petition is filed, the Court shall adjudge such [person] bankrupt; and under a petition filed by a [debtor], the Court, ... shall adjudge such [debtor] bankrupt; and any such petition not effectually prosecuted to an adjudication within fourteen clear days after its date shall be dismissed, unless the Court shall enlarge the time for proceeding thereunder.
© 1857 Crown Copyright
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URL: http://www.bailii.org/nie/legis/num_act/ibaia1857311/s127.html