Re J. (A Debtor) - [1967] NZLR 763

Bankruptcy and insolvency — Act of bankruptcy — Creditor's petition — Payment of debt accepted by petitioning creditor — Petitioning creditor failing to proceed with due diligence on petition — Other creditors applying to be substituted as petitioners — Application for substitution not made until after a peirod of three months from the act of bankruptcy alleged in the petition — Bankruptcy Act 1908, ss. 34 (b), 46, 55.