Definitions and the Applications

Section 10

Provisional sequestration

If the court to which the petition for the sequestration of the estate of a debtor has been presented is of the opinion that prima facie—

(a)    the petitioning creditor has established against the debtor a claim such as is mentioned in subsection (1) of section nine; and
(b)    the debtor has committed an act of insolvency or is insolvent; and
(c)    there is reason to believe that it will be to the advantage of creditors of the debtor if his estate is sequestrated,

it may make an order sequestrating the estate of the debtor provisionally.