Insolvency Act

19. Expedited creditor's application

Edition: 2022-12-31 · In force

19. Expedited creditor's application

If a creditor's application is made wholly or partly in respect of a debt that is the subject of a statutory demand, the application may be made before the end of the twenty-one day period referred to in section 17 if—

(a)there is a serious possibility that the debtor's property, or the value of any of that property, will be significantly reduced during that period; and

(b)the application contains a statement to that effect.

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Source: Kenya Law