ADVOKS GLOBAL · KENYA
Insolvency Act
221. Notice by bankrupt or creditor to bankruptcy trustee to allow or reject creditor's claim
Edition: 2022-12-31 · In force
221. Notice by bankrupt or creditor to bankruptcy trustee to allow or reject creditor's claim
(1)The bankrupt or any creditor may give the bankruptcy trustee notice to allow or reject a creditor's claim.(2)It the bankruptcy trustee has not made a decision allowing or rejecting the creditor's claim within fourteen days after receiving the claim, the creditor or the bankrupt may apply to the Court for an order under subsection (3).(3)On the hearing of an application made under subsection (2), the Court shall—(a)if it finds the claim to be substantiated or partly substantiated, make an order allowing the claim or partly allowing the claim; or(b)if it finds that the claim is wholly or partly unsubstantiated, make an order rejecting or partly it,and in either case may make such other order of an ancillary nature as it considers appropriate.