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COMMONWEALTHAct
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s 49

Change of petitioners

In force
Part IVProceedings in connexion with bankruptcy
Division 2Creditors’ petitions

49 Change of petitioners

Where a creditor’s petition is not prosecuted with due diligence or where for any other reason the Court considers it proper to do so, the Court may permit to be substituted as petitioner or petitioners another creditor or other creditors to whom the debtor is indebted in the amount required by this Act in the case of a petitioning creditor, and the petition may be proceeded with as if the substituted creditor or creditors had been the petitioning creditor.

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