✨ Continuation of Legal Rules
THE NEW ZEALAND GAZETTE.
805
disposed of in open Court, or all the contending | or he shall think sufficient to state the matter of appeal.
parties shall require any matter to be so heard and
disposed of, such matter shall be so heard and dis-
posed of, or, if part heard, shall be adjourned for
the purpose of being further heard and disposed of
in open Court.
PROCEEDINGS.
-
All notices gazetted in any liquidation under
the Act, shall be headed by the Royal Arms, and by the
words "Liquidation of Estate under 'The Debtors
and Creditors Act, 1875,'" in letters larger than those
adopted in the body of the notice so gazetted; but
one heading shall be sufficient for a column of notices
if they all relate to estates in liquidation under the
Act. -
All proceedings in the Court whatsoever, taken
under or by virtue of the Act or of these rules, in
respect of which no specific provision is made to the
contrary by the Act, shall be subject to the General
Rules of the Court for the time being in force in
relation to other proceedings in the Court of a like or
similar nature. -
In matters under the Act the proceedings may
be in the several forms set forth in the schedule
attached to these rules, or as near thereto as possible;
and, where forms for any proceeding in such matters
are not provided in the schedule, the forms required
may be framed by the parties, using as guides those
so provided as far as they are applicable. -
All summouses, notices, orders, warrants, and
other processes issued by the Court shall be sealed.
All office copies of proceedings, books, papers,
and writings, or any parts thereof, required by any
trustee or by any debtor or creditor, or his or their
solicitor, in any liquidation under the Act, shall be
provided by the Registrar, and shall, except as to
figures, be fairly written at length, and be sealed with
the seal of the Court, and delivered out without any
unnecessary delay and in the order in which they shall
have been bespoken, and be charged and paid for at
the rate of fourpence per folio of seventy-two words.
APPEALS.
-
Where any person desires to appeal in any liqui-
dation from any resolution passed at a meeting of
creditors, he shall; within fourteen days from the
passing of the resolution, or from the date of the reso-
lution to be appealed from, deliver to the Chairman
of the meeting at which the resolution was passed
a statement in writing, signed by himself or his
solicitor, containing the grounds of his objection
to the passing of the resolution, and notice of
his intention to appeal against the same; and shall
also within three days thereafter cause notice of such
appeal to be served upon the trustee (if there shall
be a trustee), and upon such other persons as the
Court or a Judge thereof may direct, upon applica-
tion made by either the party appellant, or the
respondent, or by the trustee; and shall also, unless
the Court or a Judge thereof on the ex parte
application of the debtor otherwise order give
security, with sufficient sureties to be approved by
the Registrar, for the costs of the appeal and for
the due prosecution thereof. After the service of
such notice upon the chairman or trustee, no further
step shall be taken in respect of the subject-matter
of such resolution, so far as it shall or may affect the
appeal. -
The appeal shall be in the form of a case to be
agreed on by the party appellant and the chairman
of the meeting at which the resolution appealed from
was passed, or by their solicitors; and if they cannot
agree, the parties may apply to the Court or a Judge
thereof, who shall have power to hear the parties in a
summary way and settle the case in such form as it -
If there shall be a trustee at the time of the
passing of the resolution appealed against, he shall
be and be deemed to be the respondent; and if there
be no such trustee, then the chairman of the meeting
at which the resolution was passed shall be the
respondent. But no such trustee or chairman shall
be personally liable for the costs of any appeal, or of
the proceedings in consequence thereof. -
The appeal shall be set down for hearing, and
shall be heard and determined before the Court to
which such appeal is made, at such times and in like
manner as appeals in ordinary cases to such Court
are heard and determined. -
When the Court to which the appeal has been
made has pronounced judgment, the original order
of such Court shall be deposited with the Registrar
of the Court, and be by him filed with the proceedings
in the said liquidation; and within forty-eight hours
from the time of such deposit the party in whose
favour such order is made shall serve or transmit a
notice thereof upon or to the opposite party or
trustee, and such proceedings as may be necessary
shall thereupon be taken by the trustee or the
creditors.
PROCEEDINGS BY DEBTOR TO OBTAIN LIQUIDATION.
-
Any person desiring to summon a first meeting
of his creditors by reason of his being unable to pay
his debts shall, in the first place, file with the Regis-
trar of the Court in which under the provisions of
the Act the liquidation resolution would be filed a
statement in the form (No. 1) in the Schedule hereto,
which statement shall be signed by such person in
the presence of and attested by a solicitor or a Justice
of the Peace. -
The Registrar shall forthwith deliver to the
person filing such statement (hereinafter called the
debtor) a certificate in the form (No. 2) in the
Schedule hereto, to the effect that such statement has
been filed, which certificate shall be signed and sealed
by the Registrar, and shall bear date of the day on
which such statement has been filed. The Registrar
shall also state upon the certificate the place at
which the meeting is to be held, such place being
determined in accordance with these rules. -
The debtor shall forthwith give notice in the
Gazette of the filing of such statement, and shall by
such notice summon a first meeting of his creditors.
Such notice shall be in the form (No. 3) in the
Schedule hereto or to the effect thereof. A copy of
such notice shall be sent by the debtor to each of his
creditors, to be left at or addressed by post to the
last-known place of abode of each such creditor. -
The first meeting shall be held at the prescribed
place, and shall be called for a day not later than
three days after the gazetting of the notice in the
last preceding rule mentioned. Should the debtor
fail or neglect to gazette notice calling the meeting
within that time, then all proceedings shall lapse, and
the debtor shall commence de novo.
PROCEEDINGS BY CREDITOR TO OBTAIN LIQUIDATION.
- When a creditor is desirous of summoning a first
meeting under the 20th section of the Act, he shall
file an affidavit with the Registrar of the Court in
which the liquidation resolution would be filed under
the Act, setting forth (a) the number of creditors of
the debtor with their addresses to the best of his
information and belief; (b) the amount of his claim
and the nature thereof, verifying the same; and (c)
some or all of the grounds (as the case may be)
mentioned in the said section upon which he intends
to rely in his application for such order.
He shall also give notice in writing that it is his
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✨ LLM interpretation of page content
⚖️
Continuation of Rules under The Debtors and Creditors Act, 1875
(continued from previous page)
⚖️ Justice & Law Enforcement14 December 1875
Rules, Procedure, Liquidation, Court proceedings, Appeals, Debtor, Creditor, Registrar
NZ Gazette 1875, No 72