https://www.taxtmi.com/caselaws?id=469821 The Official Assignee under the Presidency-towns Insolvency Act, 1909 may scrutinise a proof of debt by calling for vouchers, examining the grounds of the claim, requiring further evidence, and, where necessary, receiving evidence on oath. The scheme distinguishes this function from the Insolvency Court and permits a limited inquiry to ensure that only genuine debts are admitted and that collusive or untenable claims do not reduce the estate available for distribution. That inquiry must remain summary and businesslike, and should not be expanded into a full trial with unnecessary cross-examination or prolonged hearings. en-us Thu, 09 Sep 1965 00:00:00 +0530 Mon, 06 Jul 2026 12:11:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469821 The Official Assignee under the Presidency-towns Insolvency Act, 1909 may scrutinise a proof of debt by calling for vouchers, examining the grounds of the claim, requiring further evidence, and, where necessary, receiving evidence on oath. The scheme distinguishes this function from the Insolvency Court and permits a limited inquiry to ensure that only genuine debts are admitted and that collusive or untenable claims do not reduce the estate available for distribution. That inquiry must remain summary and businesslike, and should not be expanded into a full trial with unnecessary cross-examination or prolonged hearings. Case-Laws IBC Thu, 09 Sep 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469821