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Section 341 of Insolvency Act CAP 53: Consequences of default by debtor to pay amount due under summary instalment order

    

(1) A debtor who fails to pay an amount due under a summary instalment order is presumed, unless the contrary is proved—
(a) to have been able to pay the amount from the date of the order; and (b) to have refused or neglected to pay it.
(2) If the debtor fails to make a payment in accordance with the order—
(a) proceedings that have been stayed under section 335 may begin or continue;
(b) any period during which a proceeding was stayed under that section are to be added to any period of limitation that applies to the proceeding.
(3) Subsection (2) is subject to any order of the Court to the contrary.
(4) As soon as practicable after a debtor fails to make a payment in accordance with a summary instalment order, the supervisor shall give notice of the failure to the Official Receiver.

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

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