s.170Power to revoke orders, etc., effect thereof
170
Section 170Part 28Annulling or Revoking of Orders in Bankruptcy

Power to revoke orders, etc., effect thereof

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The Court may, at any time, for sufficient reason, revoke a provisional order for bankruptcy or annul an adjudication; but in such case all sales and dispositions of property and payments duly made, and all acts theretofore done by the Trustee, any person acting under the Trustee’s authority or the Court, shall be valid, but the property of the debtor shall, in such case, vest in such person as the Court may appoint, or in default of any such appointment revert to the debtor for all the debtor’s estate or interest therein, upon such terms and subject to such conditions, if any, as the Court may declare by order.
A copy of the order of revocation or annulment, unless such order has been made on cause shown by the debtor in the first instance, may be forthwith published in the Gazette, and advertised locally in the prescribed manner, and the production of a copy of the Gazette containing such order of revocation or annulment shall be conclusive evidence of the fact of such revocation or annulment, and of the terms of the order.