Dictionary

  • Setting aside of bankruptcy notice

    A debtor has 21 days from the date of being served with a Bankruptcy Notice to apply to the Court for it to be set aside. A Court can “set aside” a Bankrupty Notice when a debtor has filed an application to set aside a Bankruptcy Notice on one or more grounds.A debtor may apply to the Court to set aside the Bankrupty Notice multiple grounds as set out in the Bankruptcy Act 1966 (Cth), such as sections 41(6A)(a), 41(6A)(b), 41(6C), 40(1)(g) and 41(7).

made by avanavo.com

×