Section 133Part 19 — Distribution of Assets and Dividends
Final dividend, notice thereof
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When all the property of the debtor from which any moneys available for division amongst the creditors can, in the opinion of the Trustee, be reasonably expected to arise has been realised, the Trustee shall declare a final dividend.
Before so doing the Trustee shall give notice in the manner prescribed to the persons whose claims to be creditors of the debtor have been notified to the Trustee, and not established to the Trustee’s satisfaction, that if they do not establish such claims to the satisfaction of the Court within a time to be limited for that purpose by the notice the Trustee will proceed to make final division of the property without regard to such claims.
After the expiration of such time, or if the Court, on application by any such claimant, grants further time to the claimant for establishing the claimant’s claim, then on the expiration of such further time the property of the debtor divisible amongst the creditors shall be divided amongst the creditors who have proved their debts without regard to the claims of any other persons.