Regulation 74
Bankruptcy application based on section 312(b) of Act
of Insolvency, Restructuring and Dissolution (Personal Insolvency) Rules 2020
Subregulation 1
Where a creditor’s bankruptcy application is based on section 312(b) of the Act, the affidavit supporting the application must give details of the following matters:
the judgment or order from which the judgment debt arises;
the court which issued the enforcement against the debtor;
the mode of enforcement; (d)the extent (if any) to which the judgment debt has been satisfied as a result of the enforcement.
Subregulation 2
No application based on section 312(b) of the Act may be made if more than 4 months have elapsed since the date on which the enforcement in question was completed.