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Section 67 A – The Provincial Insolvency Act,1920

The Provincial Insolvency Act,1920

Section 67 A. Committee of Inspection

(1) The Court may, if it, thinks fit, authorise the creditors who have proved their debts to appoint a committee of inspection for the purpose of superintending the administration of the insolvent’s property by the receiver.

(2) The persons appointed to a committee of inspection shall be creditors who have proved their debts or persons holding general powers of attorney from such creditors.

(3) The committee of inspection shall have such powers of control over the proceeding of the receiver as may be prescribed.

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The Provincial Insolvency Act,1920

Indian Laws – Bare Acts


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