In force · As amended up to 2026-08
22. Concurrent proceedings in Courts in India.-- Where it is proved to the satisfaction of the Court that insolvency proceedings are pending in any other[5] [Court in India] whether within or without the States against the same debtor and that the property of the debtor can be more conveniently distributed by such other Court, the Court may annul the adjudication or may stay all proceedings thereon.
1. Ins. by Act 10 of 1930, s.3.
2. The words "in the Gazette of India and" rep. by the A.O.1937.
3. Subs. by Act 3 of 1950, s.3, for "the Court may, on the application of any person interested".
4. Ins. by Act 11 of 1927, s.3.
5. Subs. by the A.O.1950 for "British Court".
22. Minute of proceedings.-- The official assignee shall draw up a minute of the proceeding at the meeting and shall sign the same.
THE SECOND SCHEDULE
( See section 48)
PROOF OF DEBTS Proofs in ordinary cases
22. Periodical payments.-- When any rent or other payment falls due at stated periods, and the order of adjudication is made at any time other than one of those periods, the person entitled to the rent or payment may prove for a proportionate part thereof up to the date of the order as if the rent or payment due grew from day to day.
Interest
Source: India Code