Law library · Sierra Leone · The Bankruptcy Act, 2009
Section 103, The Bankruptcy Act, 2009
Status not yet checkedThe Bankruptcy Act, 2009, Sierra Leone
A receiving order shall not be made against any corporation,or against any association or company registered under the
Companies Act, 2009.
104 (1) Any creditor of a deceased debtor whose debt would
have been sufficient to support a bankruptcy petition against the
debtor, had he been alive, may present to the court a petition in the
prescribed form praying for an order for the administration in
bankruptcy of the estate of the deceased debtor.
(2) The petition shall be served on the legal or personal
representative of the deceased debtor, or if there is none in Sierra
Leone, on the Registrar-General, and the court may in the prescribed
manner, (upon proof of the petitioner’s debts unless the court is
satisfied that there is a reasonable probability that the estate will be
sufficient for the payment of the debts owing by the deceased), make
an order for the administration in bankruptcy of the deceased debtor’s
estate or may upon cause shown dismiss the petition with or without
costs.
(3) Upon an order being made for the administration in
bankruptcy of a deceased debtor’s estate, the property of the debtor
shall vest in the official receiver as trustee and he shall forthwith
proceed to realise and distribute it in accordance with this Act but-
(a) the creditors shall have the same powers as
to appointment of trustees and committees
of inspection as they have in other cases
where the estate of a debtor is being
administered or dealt with in bankruptcy;
and;
(b) if no committee of inspection is appointed,
any act or thing or any direction or
permission which might have been done or
given by a committee of inspection may be
done or given by the court.
(4) With the modifications mentioned in this section and,
subject to any modification that may be made in it by subsection (9),
sections 28 and 84 shall, so far as they are applicable, apply to the
case of an administration order under this section in like manner as to
an order of adjudication under this Act, and section 38 shall apply as
if for the reference to an order of adjudication there were substituted
a reference to an administration order under this section.
(5) In the administration of the property of the deceased
debtor under an order of administration, the official receiver or trustee
shall have regard to any claim by the legal or personal representative
of the deceased debtor to payment of the proper funeral and
testamentary expenses incurred by him in and about the debtor’s
Actions on
joint
contracts.
Proceedings
in partnerships.
Disobedience
to order of
court.
Exclusion of
corporations
and
companies.
Administration
in bankruptcy
of estate of
person dying
68 69
Act No. 5 of
2009.
estate, and such claims shall be deemed a preferential debt under the
order and shall, notwithstanding anything to the contrary in this Act
relating to the priority of other debts, be payable in full out of the
debtor’s estate in priority to all other debts.
(6) If, on the administration of a deceased debtor’s estate
any surplus remains in the hands of the official receiver or trustee
after payment in full of all the debts due from the debtor together
with the costs of the administration and interest as provided in this
Act, it shall be paid over to the legal or personal representative of the
deceased debtor’s estate, or failing that to the Administrator-General.
(7) Service, on the legal or personal representative of a
deceased debtor or on the Administrator-General, of a petition under
this section shall, in the event of an order for administration being
made thereon, be deemed to be equivalent to notice of an act of
bankruptcy and after the service, no payment or transfer of property
made by the legal or personal representative shall operate as a
discharge to him as between himself and the official receiver or trustee;
and unless otherwise provided in this Act, nothing in this section
shall invalidate any payment made or any act or thing done in good
faith by the legal or personal representative before the date of the
order for administration.
(8) A petition for the administration of the estate of a
deceased debtor under this section may be presented by the legal or
personal representative of the debtor or by the Administrator-General;
and where a petition is so presented by a representative or by the
Administrator-General, this section shall apply subject to such
modifications as may be prescribed under subsection (9).
(9) Any prescription for carrying this section into effect may
be made in the same manner and to the like effect and extent as in
General Rules
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