...insolvent «state." The description of a debt provable in insolvency is very wide. With the exception of demands in the nature of unliquidated damages arising...otherwise than by reason of a contract or promise, it includes all debts and liabilities present or future, certain or contingent, to which the insolvent...

...obtained bid at the sale of any mortgaged property. Proof of Debts and Distribution of Asseis. 140. Demands in the nature of unliquidated damages arising...otherwise than by reason of a contract or promise shall not be provable in insolvency and no person having notice of any act of insolvency available...

...following debts are not provable under both Acts: (i) debts incapable of being fairly estimated; (ii) demands in the nature of unliquidated damages arising otherwise than by reason of a contract or breach of trust. In addition to these two debts, according to Sec. 46 (I) of Pre-t. Act, debts or liabilities...

...insolvency : (1) Contingent debts and liabilities, the value of which cannot be fairly estimated. (2) Demands in the nature of unliquidated damages arising otherwise than by reason of a contract or breach of trust. (3) Time-barred debts at the commencement of insolvency. (4) Debts contracted after...

...then they are issuing shares (1) By the Bankruptcy Act, 1883, s. 37, it is enacted (sub-section 1) : "Demands in the nature of unliquidated damages arising otherwise than by reason of a contract, promise, or breach of trust, shall not be provable in bankruptcy." (Sub-section 3) : "Save as aforesaid,...

...considered as paid in full if paid into court. PART III. ADMINISTRATION or PROPERTY. PROOF OF DEBTS. 37. (1) Demands in the nature of unliquidated damages arising otherwise than by reason of a contract, promise, or breach of trust, shall not be provable in bankruptcy. (2) A person having notice of any...