Law library · Sierra Leone · The Bankruptcy Act, 2009
Section 1: In this Act unless the context otherwise requires -
Status not yet checkedThe Bankruptcy Act, 2009, Sierra Leone
“available act of bankruptcy” means any act of
bankruptcy petition at the date of the presentation
of the petition on which the receiving order is made;
“bailiff” includes any officer charged with the execution
of a writ or other process;
“debtor,” unless the context otherwise implies,
includes any person, whether a Sierra Leonean or
not, who at the time when any act of bankruptcy
was done or suffered by him-
(a) was personally present in Sierra Leone;
(b) ordinarily resided or had a place of residence
in Sierra Leone or was carrying on business
in Sierra Leone personally or by an agent or
manager; or
(c) was a member of a firm or partnership which
carried on business in Sierra Leone;
“ordinary resolution” means a resolution decided by
a majority in value of the creditors present, personally
or by proxy, at a meeting of creditors and voting on
the resolution;
“provable debt” includes any debt or liability made by
this Act to be provable in bankruptcy;
“property” includes money, goods, things-in-action
and every description of property, whether real or
personal and whether situated in Sierra Leone or
elsewhere, obligations, easements and every
description of estate, interest or contingent, arising
out of or incidental to property;
“Registrar” means the Registrar of the court;
“secured creditor” means a person holding a mortgage,
charge or lien on the property of the debtor or any
parts of the property which is valid against creditors
as a security for debt due to him from the debtor,
and includes a judgement creditor;
“special resolution” means a resolution decided by a
majority in number and three-fourths in value of the
creditors present;
“trustee” means the trustee in bankruptcy of a debtor’s
estate.
PART II – PROCEEDINGS FROM ACT OF BANKRUPTCY TO
DISCHARGE
Acts of bankruptcy
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