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" In all cases of mutual debts or mutual credits between the estate of a bankrupt and a creditor the account shall be stated and one debt shall be set off against the other, and the balance only shall be allowed or paid. "
Business Law for Business Men, State of California: A Reference Book Showing ... - Σελίδα 883
των Anthony Jennings Bledsoe - 1912 - 3 σελίδες
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A Treatise on the Law of Fire Insurance, and Insurance on Inland Waters: In ...

Elisha Hammond - 1840 - 206 σελίδες
...credit given by the debtor and any other person, or mutual debts between them, the account between them shall be stated, and one debt shall be set off against the other, and the balance of such account and no more shall be allowed or paid on either side respectively." We have seen, p....

The Provincial Statutes of Canada

Canada - 1842 - 662 σελίδες
...given by the bankrupt and any other person, or mutual debts between them, the account between them shall be stated, and one debt shall be set off against the other, and the balance of such account, and no more, shall be allowed and paid on either side respectively ; and when any...

Supplements to the Revised Statutes: General Laws of the ..., Τόμος 1

Massachusetts - 1844 - 416 σελίδες
...en Dy t he debtor and any other person, or mutual debts between debt. them, the account between them shall be stated, and one debt shall be set off against the other, and the balance of such account and no more shall be allowed or paid on either side respectively. Provision in case...

Reports of Cases at Law and in Chancery Argued and Determined in ..., Τόμος 269

Illinois. Supreme Court - 1916 - 710 σελίδες
...governed by different principles of law. Section 68 of the Bankruptcy act provides as follows: "(a) In all cases of mutual debts or mutual credits between...other and the balance, only, shall be allowed or paid. (b) A set-off or counter-claim shall not be allowed in favor of any debtor of the bankrupt which (1)...

Cases Decided in the United States Court of Claims ... with ..., Τόμος 138

United States. Court of Claims, Audrey Bernhardt - 1958 - 966 σελίδες
...the Bankruptcy Act, it may not now assert it as a counterclaim because 11 USC 108 (b) provides: * * * A set-off or counterclaim shall not be allowed in...bankrupt which (1) is not provable against the estate and allowable under subdivision (g) of section 93 of this title; * * * The Government admits that at...

Cases Argued and Determined in the Circuit and District Courts of ..., Τόμος 3

United States. Circuit Court (7th Circuit), Josiah Hooker Bissell - 1874 - 590 σελίδες
...between the parties to this suit, which upon an account between them being stated, one debt shall or may be set off against the other, and the balance only shall be allowed or paid. In Globe Insurance Company, 2 Edwards' Chancery, 625, as respects this doctrine of the mutual right...

The National Bankruptcy Register Reports: Containing All the ..., Τόμος 4

1874 - 802 σελίδες
...between the parties to this suit, which, upon an account between them being stated, one debt shall or may be set off against the other, and the balance only shall be allowed or paid. In Globe Insurance Company, 2 Edwards' Chancery, 625, aa respects this doctrine of the mutual right...

The Federal Reporter, Τόμος 176

1910 - 1052 σελίδες
...541, 5 68a, 30 Stat. 544 (US Comp. St. 1901, p. 3450), providing that, in all cases of mutual debts or credits between the estate of a bankrupt and a creditor,...other, and the balance only shall be allowed or paid, a claim from promissory notes of a partner cannot be set off against a Judgment on behalf of the firm...

The Federal Reporter: Cases Argued and Determined in the ..., Τόμοι 243-244

1917 - 2042 σελίδες
...credits, the account shall be stated, and one debt set off against the other. Section 68b provides that a set-off or counterclaim shall not be allowed In favor of any debtor of the bankrupt which Is not provable against the estate. Section 17 (Comp. St. 1916, § 9601) provides that n discharge...

The Federal Reporter, Τόμος 203

1913 - 1050 σελίδες
...with the rule in the Gates Case, would admit of the set-off claimed here ; for section 68a extends to "all cases of mutual debts or mutual credits between the estate of a bankrupt and a creditor," and, as stated, the Ohio rule treats such liability as a debt due to the corporation. However we think...




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