Section 49: Bankruptcy or insolvency
consolidated text (as at 2011, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
49. Bankruptcy or insolvency
(1) In case of the bankruptcy or insolvency of the contractor, the Bankruptcy Court may order that all sums due or thereafter becoming due in
respect of such contract be attached and applied to the payment of the
debts of the bankrupt or insolvent.
(2) An order under subsection (1) shall be directed to the AccountantGeneral or the Chief Executive, as the case may be, and shall specify the
name of the bankrupt or insolvent, the nature and date of the contract and
the person to whom payment is to be made.
(3) The order shall be served by an usher, and all sums due at the time of
such service or thereafter becoming due to the contractor in respect of such
contract, shall be paid to the person specified in the order, who shall give a
receipt in writing and the receipt shall be a valid discharge and release in
respect of all sums paid in accordance with such order and before due service of notice of revocation under subsection (4).
(4) The Court may revoke or amend such order, and notice of revocation
or amendment shall be served by an usher upon the person upon whom the
original order was served or his successor in office.
[S. 49 amended by s. 165 (5) (c) of Act 36 of 2011 w.e.f. 15 December 2011.]
[Issue 4] C55 – 6
Revised Laws of Mauritius