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[Cites 0, Cited by 0] [Section 21] [Entire Act]

Bengal Presidency - Subsection

Section 21(1) in Presidency-Towns Insolvency Act, 1909

(1)Where, in the opinion of the Court, a debtor ought not to have been adjudged insolvent, or where it is proved to the satisfaction of the Court that the debts of the insolvent are paid in full, 2 the Court shall, on the application of any person interested,] by order annul the adjudication 3 and the Court may, of its own motion or on application made by the official assignee or any creditor, annul any adjudication made on the petition of a debtor who was, by reason of the provisions of sub- section (2) of section 14, not entitled to present such petition].