Definitions and the Applications

Section 15

Compensation to debtor if petition is an abuse of court’s procedure or malicious or vexatious

Whenever the court is satisfied that a petition for the sequestration of a debtor’s estate is an abuse of the court’s procedure or is malicious or vexatious, the court may allow the debtor forthwith to prove any damage which he or she may have sustained by reason of the presentation of the petition and award him or her such compensation as it may deem fit.

[S. 15 substituted by s. 4 of Act No. 69 of 2002.]