GK
IMPORTANT ACTS OF THE PARLIAMENT OF INDIA
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Question
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Presidency-towns Insolvency Act____
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1907
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1908
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1909
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1910
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Explanation:
Detailed explanation-1: –Subject to the conditions specified in this Act, if a debtor commits an act of insolvency, an insolvency petition may be presented either by a creditor or by the debtor, and the Court may on such petition make an order (hereafter called an order of adjudication) adjudging him an insolvent.
Detailed explanation-2: -(THE PRESLDENCY-TOWNS INSOLVENCY ACT, 1909.) 1. Short itlc and commencement. 2.
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