Cap. 6Aactiverule

Bankruptcy Rules

破產規則

Full legislation

s.140

Voting on voluntary arrangements

Where proposals for voluntary arrangements are made by a firm, and by the partners
            therein individually, the proposal made to the joint creditors shall be considered and
            voted upon by them apart from every set of separate creditors, and the proposal made to
            each separate set of creditors shall be considered and voted upon by such separate set
            of creditors apart from all other creditors. Such proposals may vary in character and
            amount. Where a voluntary arrangement is approved, the bankruptcy order shall be
            discharged only so far as it relates to the estate the creditors of which have accepted
            the voluntary arrangement.