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Section 22 – The Presidency – Towns Insolvency Act,1909

The Presidency – Towns Insolvency Act,1909

Section 22. Concurrent proceedings in Courts in India

Where it is proved to the satisfaction of the Court that insolvency proceedings are pending in any other 1[Court in India] whether within or without the States against the same debtor and that the property of the debtor can be more conveniently distributed by such other Court, the Court may annul the adjudication or may stay all proceedings thereon.

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1. Subs. by the A.O.1950 for “British Court”

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The Presidency – Towns Insolvency Act,1909

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