Where two or more insolvency petitions are presented against the same debtor, or where separate petitions are presented against joint debtors, the Court may consolidate the proceedings or any of them, on such terms as the Court thinks fit.
Section 15: Consolidation of petitions
The Insolvency Act, 1955State Act of Kerala · Act 2 of 1956
Where this provision sits
| Act | The Insolvency Act, 1955 |
|---|---|
| Section | 15 |
| Marginal note | Consolidation of petitions |
| Jurisdiction | State of Kerala |
| Status | In force as published by the source |
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