A person (the stakeholder ) may apply to the Court for relief by way of interpleader if:
(a) the stakeholder is liable for a debt or personal property in the stakeholder's possession (the property in dispute ); and
(b) the stakeholder:
(i) does not know the identity of the person to whom the property in dispute is owed or belongs; or
(ii) has received competing claims about the property in dispute; or
(iii) expects to be sued in the Court for the property in dispute by 2 or more persons making adverse claims.
Note: Interpleader is a special procedure available to a person who is faced with 2 or more claims about the same debt or personal property. The procedure enables the competing claimants to litigate their difference while the stakeholder abides by the result.