Section 67 of Insolvency Act CAP 53: Bankruptcy trustee may assign right to sue under this Act

    

(1) A bankruptcy trustee may, if the Court has first approved it, assign a right to sue that is conferred on the bankruptcy trustee by this Act.
(2) An application for such an approval may—
(a) be made only by the bankruptcy trustee or the person to whom it is proposed to assign the right to sue; and
(b) be opposed only by a person who is a defendant to the bankruptcy trustee's action, if already begun, or a proposed defendant.


Disclaimer: This document is not to be taken as legal advise.

Enhance Your Research with Bookmarks and Annotations

Here's how you can use these features:

  • To bookmark this page, click the "Bookmark this Page" button below the document title.
  • To add an annotation, highlight text in the document and select "Add Annotation" from the toolbar that appears.
  • These features are great for organizing your research and keeping track of key information.
  • You can view and manage your bookmarks and annotations on your Bookmarks and Annotations page.

Cited By:



More Sections