TITLE 9
BANKRUPTCY
543. Interpretation
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In this Title, unless the context otherwise requires—
“available act of bankruptcy” means any act of bankruptcy available for a bankruptcy petition at the date of the presentation of the petition on which the receiving order is made;
“debt provable in bankruptcy” or “provable debt” includes any debt or liability hereby made provable in bankruptcy;
“debtor” includes any person who at the time when any act of bankruptcy was done or suffered by him or her—
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(a) was personally present in Saint Lucia;
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(b) ordinarily resided or had a place of residence in Saint Lucia;
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(c) was carrying on business in Saint Lucia, personally, or by means of an agent or manager;
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(d) was a member of a partnership firm which carried on business in Saint Lucia;
“ordinary resolution” means a resolution decided by a majority in value of the creditors present, personally or by proxy at a meeting of creditors and voting on the resolution;
“Registrar” means the Registrar of the Supreme Court;
“special resolution” means a resolution decided by a majority in number and ¾ in value of such creditors as aforesaid;
“secured creditor” means a person holding a mortgage charge or lien on property of the debtor or any part thereof as a security for a debt due to him or her from the debtor;
“Sheriff” includes any officer charged with the execution of a writ or other process;
“Trustee” means the trustee in bankruptcy of a debtor's estate.