State Act
48
Section 48. Insolvency proceedings.
THE UNITED PROVINCES ENCUMBERED ESTATES ACT, 1934
In forceUttar Pradesh (State Act)
48. From the date of the application under section 4 up to the date when the Collector has liquidated the debts in full under section1[Section 23-B or section 24] (a) no creditor shall be entitled to present an insolvency petition against the landlord ; and (b)the landlord may present a petition that he be adjudged to be insolvent and, if he does so, no further proceedings shall be taken under this Act, while the insolvency proceedings are pending. (2) 2[ * * * *]