PART 1

Application or petition for sequestration

Applications and petitions

Death or withdrawal
10
1
Where, after a petition for sequestration is presented but before the sequestration is awarded, the debtor dies then, if the petitioner is a creditor, the proceedings are to continue in accordance with this Act so far as circumstances will permit.
2
Where, after a debtor application is made but before the sequestration is awarded, the debtor dies then the application falls.
3
Where, after a petition for sequestration is presented but before the sequestration is awarded, a creditor who is the petitioner withdraws or dies, there may be sisted in the place of that creditor any creditor who both was a qualified creditor at the date when the petition was presented and is a qualified creditor at the date of the sist.
4
Where, after a petition for sequestration is presented but before the sequestration is awarded, a creditor who has lodged answers to the petition withdraws or dies, there may be sisted in the place of that creditor any other creditor.
5
Where, after a debtor application is made but before the sequestration is awarded, a creditor who concurs in the application withdraws or dies, any other creditor may, if the conditions mentioned in subsection (6) are met, notify AiB that the other creditor concurs in the application in place of the creditor who has withdrawn or died.
6
The conditions are that the other creditor—
a
was a qualified creditor at the date when the debtor application was made, and
b
is a qualified creditor at the date of the notification.
S. 10 in force at 30.11.2016 by S.S.I. 2016/294, reg. 2