Section 37:
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
37. (1) This paragraph applies if a person (“A”)—
(a) is, at the time of adjudication or commencement of the winding up,
surety or liable for a debt or liability of the debtor; and
(b) discharges the debt or liability, even after adjudication or commencement of the winding up.
(2) A has the benefit of the rules in subparagraphs (3) and (4).
(3) If the creditor in question has submitted a proof of debt for the debt or
liability, A may stand in the creditor’s place in respect of the proof.
(4) If the creditor in question has not submitted a proof of debt for the debt
or liability, A may—
(a) prove for the payment that A has made as if the payment were a
debt, without undoing dividends already paid to the creditor in the
bankruptcy or winding up; and
(b) receive dividends paid subsequently.
THIRD SCHEDULE
[Section 52]
BANKRUPT’S PUBLIC EXAMINATION