Mutesi In Re-a debtor
Mutesi In Re-a debtor (Bankruptcy Petition No. 5 of 2011) [2012] UGCommC 180 (28 February 2012)
The petitioner, Maria K Mutesi, committed an act of bankruptcy by presenting a bankruptcy petition and declaring her inability to pay debts. Arrest and detention in civil prison do not constitute completed execution under the Bankruptcy Act; therefore, the judgment creditor does not gain priority over other creditors. The High Court has the power to stay execution proceedings upon presentation of a bankruptcy petition, but the order of discharge under the Civil Procedure Act can only be granted by the court executing the decree, not the bankruptcy court. The petitioner's application for disch…
Source excerpt
- Bankruptcy Proceedings
- Receiving Order
- Acts Of Bankruptcy
- Stay Of Execution
- Creditor Priority