Section 74. Summary administration

PART V SUMMARY ADMINISTRATION 74. Summary administration. —When a petition is presented by or against a debtor, if the Court is satisfied by affidavit or otherwise that the property of the debtor is not likely to exceed in value five hundred rupees[3] the Court may make an order that the debtor's estate be administered in a summary manner, and thereupon the provisions of this Act shall be subject to the following modifications, namely:— 1. The words "by the Court" rep by Act 12 of 1927, s. 2 and Schedule. 2. Subs. by Act 9 of 1926, s. 11, as amended by Act 10 of 1927, s. 3 and Schedule II, for the original section.