s 276 Interim order of Court
276.—(1) Subject to subsection (2), any insolvent debtor who intends to make a proposal to the insolvent debtor’s creditors for a composition in satisfaction of the insolvent debtor’s debts or a scheme of arrangement of the insolvent debtor’s affairs (called in this Part a voluntary arrangement) may apply to the Court for an interim order under this Part. (2) No partner in an insolvent firm may apply to the Court for an interim order in respect of the firm unless all or a majority of the partners in the firm join or intend to join in the making of the proposal for a voluntary arrangement. (3) During the period for which an interim order is in force —(a) where the interim order is in respect of an individual debtor —(i) no bankruptcy application may be made or proceeded with against the debtor; and (ii) no other proceedings, enforcement order or other legal process may be issued, continued or executed against the person or property of the debtor without the permission of the Court; and[Act 25 of 2021 wef 01/04/2022] (b) where the interim order is in respect of a firm —(i) no bankruptcy application may be made or proceeded with against the firm or, except with the permission of the Court, any partner in the firm; and[Act 25 of 2021 wef 01/04/2022] (ii) no other proceedings, enforcement order or other legal process may be issued, continued or executed against the firm or its property or against the person or property of any partner in the firm, without the permission of the Court.[Act 25 of 2021 wef 01/04/2022] (4) An interim order ceases to have effect 42 days after the making of that interim order unless the Court otherwise directs.