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IRISH BANKRUPT AND INSOLVENT ACT 1857 - SECT 344

Court to appoint private sitting, and estate to be possessed by official assignees, &c.

344. Forthwith after the granting of any order for protection, the Court shall
appoint a private sitting to be held at such time as it may name, and upon
sufficient cause shown may, if it shall think fit, direct that the estate and
effects of the petitioner or any part thereof shall be possessed and received
by the official [assignees or be taken possession of by the messenger of
the Court, and that all stock, monies, and other effects of the petitioner
shall be transferred, delivered, and paid by the official assignees into the
Bank of Ireland to the credit of such official assignees] [assignee], to be
subject to the like [rules and regulations] [statutory provisions] as in
bankruptcy; and the Court shall have power to examine on oath such petitioner
or any witness produced by him, or any creditor or person claiming to be a
creditor of such petitioner, and to adjourn such private sitting from time to
time as it shall think fit; and notice of such private sitting shall be given
to the creditors at such time and in such manner as the Court [shall by any
general or special order direct] [may order or as may be prescribed by
bankruptcy rules].[

© 1857 Crown Copyright

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