section 8
Insertion of new section
The Presidency-towns Insolvency (Tamil Nadu Amendment) Act, 1943Corporate194312 sections
Statutory text
After section 77 of the said Act, the following new section shall be inserted, namely :- "77-A.
- (1) The official assignee shall be a corporation sole by the name of the Official Assignee of Madras and as such Official Assignee shall have perpetual succession and an official seal and may sue and be sued in his corporate name and may do all acts necessary or expedient to be done in the execution of his office.
- (2) In all suits or proceedings by or against the official assignee, there shall be inserted after his official title the description 'as assignee of the property of an insolvent (naming the particular insolvent)'."
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