Bankruptcy Act
ZambiaAct of Parliament
The Bankruptcy Act is an Act of the Parliament of Zambia. It contains 173 sections. Read its sections below, or ask Levy any question about the Bankruptcy Act and get an answer grounded in the Act with citations.
Sections of the Bankruptcy Act
- S. 1S hort title
- S. 2I nterpretati on
- S. 3A cts of bankruptcy
- S. 4B ankruptcy notices
- S. 5J urisdicti on to make receiving order
- S. 6C onditions on which credit or may petiti on
- S. 7P roceedings and order on credit or's petiti on
- S. 8D ebt or's petiti on and order there on
- S. 9E ffect of receiving order
- S. 10P ower to appoint interim receiver
- S. 11P ower to stay pending proceedings
- S. 12P ower to appoint special manager
- S. 13A dvertisement of receiving order
- S. 14P ower to rescind receiving order in certa in cases
- S. 15F irst and other meetings of creditors
- S. 16D ebt or's statement of affairs
- S. 17P ublic examinati on of debt or
- S. 18C ompositions and schemes of arrangement
- S. 19E ffect of compositi on or scheme
- S. 20A djudicati on of bankruptcy
- S. 21A ppointment of trustee
- S. 22C ommittee of inspecti on
- S. 23D uties of debt or as to discovery and realisati on of property
- S. 24A ddress and certa in particulars to be furnished
- S. 25A rrest of debt or under certa in circumstances
- S. 26R e-directi on of debt or's letters
- S. 27I nquiry as to debt or's conduct, dealings and property
- S. 28D ischarge of bankrupt
- S. 29F raudulent settlements
- S. 30E ffect of order of discharge
- S. 31P ower f or court to annul adjudicati on in certa in cases
- S. 32(1) A bankrupt sh all not- Bankrupt not to act as
- S. 33D escripti on of debts provable in bankruptcy
- S. 34M utual credit and set-off
- S. 35R ules as to pro of of debts
- S. 36P riority of debts
- S. 37P referential claim in case of apprenticeship
- S. 38L andlord's power of distress in case of bankruptcy
- S. 39P ostponement of claims
- S. 40R elati on back of trustee's title
- S. 41D escripti on of bankrupt's property divisible amongst creditors
- S. 42P rovisions as to second bankruptcy
- S. 43R estricti on of rights of credit or under executi on or attachment
- S. 44D uties of sheriff as to goods taken in executi on
- S. 45A voidance of certa in settlements
- S. 46A voidance of general assignments of book debts unless registered
- S. 47A voidance of preference in certa in cases
- S. 48P rotecti on of bona fide transactions without notice
- S. 49V alidity of certa in payments to bankrupt and assignee
- S. 50R ecovery of property transferred without knowledge of receiving order
- S. 51D ealings with undischarged bankrupt
- S. 52P ossessi on of property by trustee
- S. 53S eizure of property of bankrupt
- S. 54A ppropriati on of porti on of salary or wages to creditors
- S. 55V esting and transfer of property
- S. 56D isclaimer of onerous property
- S. 57P owers of trustee to deal with property
- S. 58P owers exercisable by trustee with permissi on of committee of inspecti on
- S. 59P ower to allow bankrupt to manage property
- S. 60A llowance to bankrupt f or maintenance or service
- S. 61R ight of trustee to inspect goods pawned, etc.
- S. 62L imitati on of trustee's powers in relati on to copyright
- S. 63P rotecti on of official receiver and trustees from personal liability in certa in
- S. 64D eclarati on and distributi on of dividends
- S. 65(1) In the case of partners the joint estate sh all be applicable in the first Joint and separate
- S. 66(1) In the calculati on and distributi on of a dividend the trustee sh all make Provisi on f or creditors
- S. 67Any credit or who h as not proved h is debt by the latest date f or lodging proofs Right of credit or who
- S. 68(1) Where a debt h as been proved, and the debt includes interest, or any Interest on debts
- S. 69No acti on f or a dividend sh all lie against the trustee, but, if the trustee refuses No acti on f or dividend
- S. 70The bankrupt sh all be entitled to any surplus remaining after payment in full of Right of bankrupt to
- S. 71A ppointment of official receiver and assistant official receivers
- S. 72A ppointment of acting and deputy official receiver
- S. 73S tatus of official receiver
- S. 74D uties of official receiver as regards debt or's conduct
- S. 75D uties of official receiver as regards debt or's estate
- S. 76O fficial name of trustee
- S. 77P ower to appoint joint or successive trustees
- S. 78P roceedings in case of vacancy in office of trustee
- S. 79D iscretionary powers of trustee and control there of
- S. 80A ppeal to court against trustee or official receiver
- S. 81C ontrol of official receiver over trustees
- S. 82R emunerati on of trustee
- S. 83A llowance and taxati on of costs
- S. 84T rustee to furnish list of creditors
- S. 85T rustee to furnish statement of accounts
- S. 86B ooks to be kept by trustee
- S. 87A nnual statement of proceedings
- S. 88T rustee not to pay in to private account
- S. 89B ankruptcy Estates Account
- S. 90I nvestment of surplus funds
- S. 91A udit of trustee's accounts
- S. 92R elease of trustee
- S. 93O ffice of trustee vacated by insolvency
- S. 94R emoval of trustee
- S. 95J urisdicti on in bankruptcy
- S. 96J udge may exercise h is powers in chambers
- S. 97J urisdicti on in bankruptcy of registrar
- S. 98G eneral powers of bankruptcy courts
- S. 99P ower to make receiving order in lieu of committal order
- S. 100A ppeals in bankruptcy
- S. 101D iscretionary powers of court
- S. 102C onsolidati on of petitions
- S. 103P ower to change carriage of proceedings
- S. 104C ontinuance of proceedings on death of debt or
- S. 105P ower to stay proceedings
- S. 106P ower to present petiti on against one partner
- S. 107P ower to dismiss petiti on against some respondents only
- S. 108P roperty of partners to vest in same trustee
- S. 109A ctions by trustee and bankrupt's partners
- S. 110A ctions on joint contracts
- S. 111P roceedings in partnership name
- S. 112C ourts to be auxiliary to other Commonwealth courts
- S. 113C ommitment to pris on
- S. 114E xclusions of companies
- S. 115L imited partnerships
- S. 116P rivilege of Parliament
- S. 117S m all estates
- S. 118A dministrati on in bankruptcy of estate of pers on dying insolvent
- S. 119P ower to make general rules
- S. 120F ees and percentages
- S. 121R emunerati on
- S. 122A udit of accounts of official receiver
- S. 123G azette to be evidence
- S. 124E vidence of proceedings at meetings of creditors
- S. 125E vidence of proceedings in bankruptcy
- S. 126S wearing of affidav its
- S. 127D eath of debt or or witness
- S. 128C ertificate of appointment of trustee
- S. 129C ertificate of acts of official receiver
- S. 130C omputati on of time
- S. 131S ervice of notices
- S. 132F ormal defects not to invalidate proceedings
- S. 133R epealed by Act No. 17 of 1994
- S. 134A cting of corporations, partners, etc.
- S. 135C erta in provisions to bind the State
- S. 136U nclaimed and undistributed dividends or funds
- S. 137I ndivisible balances
- S. 138F raudulent debtors
- S. 139U ndischarged bankrupt obtaining credit
- S. 140F rauds by bankrupts, etc.
- S. 141B ankrupt guilty of gambling, etc.
- S. 142B ankrupt failing to keep proper accounts
- S. 143B ankrupt absconding with property
- S. 144F alse claim, etc.
- S. 145C riminal liability after discharge or compositi on
- S. 146G eneral penalty
- S. 147F orm of charge
- S. 148E vidence as to frauds by directors and officers of corporations or companies
- S. 149D eclarati on of reciprocating countries and courts
- S. 150E ffect of receiving order, etc., made by reciprocating court against debt or with
- S. 151V esting of bankruptcy's property in trustee appointed in reciprocating country
- S. 152P owers of official receiver, etc., appointed in reciprocating country
- S. 153O fficial receiver to act as agent of official receiver, etc., of reciprocating country
- S. 154M ode of requesting official receiver to act as agent
- S. 155D uties of official receiver acting as agent
- S. 156T ransmissi on of proofs of debt
- S. 157P ower of court to make orders under sections 11 and 25
- S. 158E nforcement of warrants of reciprocating court
- S. 159L imitati on on powers of court to enterta in proceedings
- S. 160C oncurrent bankruptcies
- S. 161P ower of official receiver, etc., to require official receiver in reciprocating
- S. 162P ower to make rules under Part IX
- S. 163R epeals and savings
- S. IPRELIMINARYPART I
- S. IIPROCEEDINGS FROM ACT OF BANKRUPTCY TO DISCHARGEPART II
- S. IIIADMINISTRATION OF PROPERTYPART III
- S. IVOFFICIAL RECEIVER AND STAFFPART IV
- S. IXPROVISIONS FOR RECIPROCITY WITH OTHER COUNTRIESPART IX
- S. VTRUSTEES IN BANKRUPTCYPART V
- S. VICONSTITUTION, PROCEDURE AND POWERS OF COURTPART VI
- S. VIISUPPLEMENT PROVISIONSPART VII
- S. VIIIBANKRUPTCY OFFENCESPART VIII
- S. XREPEALSPART X