- Flynote
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Insolvency - Costs - Compulsory Sequestration - Concurrent
Applications - Law 13 of 1895.
- Case summary
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When two creditors each presented a petition on the same day for the sequestration of the same debtor's estate and, at the time of drawing up their petitions, neither had notice of the other's petition:
Held, that the petition first filed should be granted, but that the costs of the other petitioner should be paid out of the debtor's estate.
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