Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 46

Petition against 2 or more joint debtors

  (1)   A creditor's petition may be presented against 2 or more joint debtors, whether partners or not.

  (2)   Where there are 2 or more respondents to a creditor's petition, the Court may make a sequestration order against one or more of them and dismiss the petition in so far as it relates to the other or others.


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