Section 73: Disqualifications of insolvent

The Provincial Insolvency Act, 1920Central Act · Act 5 of 1920

(1) Where a debtor is adjudged or re-adjudged insolvent under this Act, he shall, subject to the provisions of this section, be in disqualified from—

(a) being appointed or acting as a Magistrate;

(b) being elected to any office of any local authority where the appointment to such office is by election or holding or exercising any such office to which no salary is attached; and

(2) The disqualifications which an insolvent is subject to under this section shall be removed, and shall cease if—

(a) the order of adjudication is annulled under section 35, or

(b) he obtains from the Court an order of discharge, whether absolute or conditional, with a certificate that his insolvency was caused by misfortune without any misconduct on his part.

(3) The Court may grant or refuse such certificate as it thinks fit, but any order of refusal shall be subject to appeal.

PART V SUMMARY ADMINISTRATION

Where this provision sits

Act	The Provincial Insolvency Act, 1920
Section	73
Marginal note	Disqualifications of insolvent
Jurisdiction	Central
Status	In force as published by the source

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