Notice calling upon creditors to submit statements of debts

(I) On [he date fixed the board shall publish in such manner as may be prescribed, a notice, calling upon every creditor of the debtor to submit a statement of debts owed to such creditor by the debtor. Such statement shd be submitted to the board in writing within two months from the date of publication, of the notice : Provided that, if the board is satisfied that any creditor was for good and sufficient cause, unable to comply with such direction '[or to produce the documents required under sub-section (I) of section 141 within the lime fixed, it may extend the period for the submission of his statement of the debts owed to him =[or for the production of such documents]. [(Z) Every debt owed to a single creditor of which no such statement has been submitted to the board in compliance with the provisions of sub-section (1) shall be deemed to be duIy discharged for all purposes and all occasions against such creditor ; and every debt owed to two or more creditors jointly, of which such a statement or statements signed by all such creditors or theu recognized agents has or have not been so submitted, shall be deemed to be so discharged against such creditors as have failed to submit the said statement or statements, but only to the extent of their respective shares in the said debt : Provided that no such debts shall be deemed to be discharged against any creditors whose names have not been included in the application made under section 9. (3) If the creditor or any of the joint creditors fails without sufficient kuse to be present in person or by his recognized agent or legal pactitioner in accordance with the provisions of section24 at any of the heirhgs.fixed by the board, or fails to produce full particulars and documents as required under sub-section (I) of section 14, the debt due to hh or to ?hc;oint creditors, as thc casc may be, shall bc d~emed for all purposes and all occasions to have been fdly discharged. (4) If any creditor proves to the satisfaction of the board, or if no board is vested with jurisdiciion by the '[State] Govenunent, io the satisfaction of civil court, that the notice was not served on him and !hat he had no howledge of its publication or that he was unavoidably absent at any of the hearings fixed by the board, the board or,the court, as thc casemaybe, mayrevive that debt.]