Law library · Sierra Leone · The Bankruptcy Act, 2009
Section 9, The Bankruptcy Act, 2009
Status not yet checkedThe Bankruptcy Act, 2009, Sierra Leone
(1) A debtor’s petition shall state that the debtor is unableto pay his debts, and the presentation thereof shall be deemed an act
of bankruptcy without the previous filing by the debtor of any
declaration of inability to pay his debts, and the court shall then
make a receiving order:
Provided that it shall be lawful for the court in its discretion to
refuse the order if the court considers for sufficient cause that no
order ought to be made.
(2) In this section “sufficient cause” includes-
(a) the non-attendance of the debtor, or in the
case of a firm, of at least one of the partners
thereof, on the hearing of the petition;
(b) the absence of a material book of account, of
any fraud or misconduct not amounting to
fraud by the debtor in relation to his affairs,
or
(c) in the case of a firm or person carrying on
business under a foreign firm name, the nonproduction of the partnership book or of the
receipt used in connection with the business.
(3) A debtor’s petition shall not, after presentation be
withdrawn without the leave of the court.
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