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Act No. 1956 Section 25

Section 25

SEC. 25. A copy of the order provided for in the last preceding section of this Act shall immediately be published by the clerk service of order of said court in the newspaper designated therein for the number of time and as prescribed by the court or the judge thereof, and upon the filing at any time before the date set for such meeting of the schedule required by said last preceding section, a copy of ' ill be delivered personally or sent by the clerk for there mail, postage prepaid, to all creditors named in said schedule. If said schedule is not filed prior to the day fixed for the election of an assignee, publication of said order as herein required shall be of itself sufficient notice to the creditors of the place appointed for the election of an assignee. No order of adjudication upon creditors petition shall be entered unless ie first deposited, in addition to the cost of commencing said proceedings, a sum of money sufficient to defray the expense of the publication ordered by the court, necessary postage, and ten centavos for each copy to be delivered personally or mailed to the creditors, which last-named sum is hereby constituted the legal fee of the clerk for the personal delivery or mailing required by this section.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER IV. →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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