PROPOSED AMENDMENT OF THE BANKRUPTCY LAWS.
[By Tjelegiuph.] " Wellington, June 27. The delegates of the Chamber of Commerce have submitted to the Minister of Justice the proposals for amendments which are deemed necessary in the bankruptcy laws. The chief points are these : To vest the administration of bankrupt estates in an official assignee ; to withhold a discharge from any debtor whose estate docs not pay a dividend of at least 10s in ttie £, unless the debtor can show sufficient cause for his failure, the burden of proof being placed on him ; to render the law so far as possible deterrent of insolvency as to vest bankruptcy jurisdiction in two Judges specially appointed for that duty. The Joint Committee of the House promised to consider these suggestions.
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South Canterbury Times, Issue 2888, 28 June 1882, Page 2
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126PROPOSED AMENDMENT OF THE BANKRUPTCY LAWS. South Canterbury Times, Issue 2888, 28 June 1882, Page 2
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