Which of the following must have occurred before an Official Receiverwould accept a Debtor's Petition?

You must provide a justification for your answer, referring to relevant case law or legislation to obtain full marks.

A. The court must have made a sequestration order against the estate of the debtor.
B. The debtor must have shown that he or she committed an act of bankruptcy
C. The debtor must have attached to the Debtor's Petition a statement of his/her financial affairs.
D. The debtor must have shown that he or she committed an act of bankruptcy and have attached to the Debtor's Petition a statement of his/her financial affairs

Answer rating: 100% (QA)

Answer is D According to The Provincial Insolvency Act1920 ... View the full answer