Section 59Part 10 — Proceedings Under an Order for a Deed of Arrangement
Debt incurred, increased or forborne, by means of fraud
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Where a debtor who has executed a deed of arrangement has incurred or increased a debt or obtained forbearance thereof by fraud, the debtor shall be liable to pay to the defrauded creditor the balance of such debt after deducting any sum or sums which may have been received by such creditor by way of composition or dividend under the deed, provided that such creditor has not assented to the deed in manner provided by this Act.