New Zealand Legislation: Acts

10 Adjudication

• (1) Adjudication occurs when a debtor is adjudicated bankrupt.

  (2) A debtor is adjudicated bankrupt if either—

  • (a) a creditor of the debtor applies to the court for an order of adjudication, and the court makes the order; or

  • (b) the debtor files an application with the Assignee for adjudication.