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Section 23: Release of debtors

The Travancore-Cochin Insolvency Act, 1956 (No.2 of 1956)State Act of Kerala · Act 2 of 1956

(1) At the time of making an order admitting the petition or at any subsequent time before adjudi­ cation, the Court may, if the debtor is under arrest or impri­ sonment in execution of the decree of any Court for the payment of money, order his release on such terms as to security as may be reasonable and necessary.

~ I ..l}, Ji ' 23 / The Court may at any time order any person who has ~een released under this section to be re-arrested and recommitted to the custody from which he was released.

( 3) At the time of making any order under this section, the Court shall record in writini its reasons therefor.

Where this provision sits

ActThe Travancore-Cochin Insolvency Act, 1956 (No.2 of 1956)
Section23
Marginal noteRelease of debtors
JurisdictionState of Kerala
StatusIn force as published by the source

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