A person has filed a petition in court under Section 19(2) of the provincial insolvency act, seeking to declare another individual insolvent. The court has scheduled a hearing for this matter.
Under Section 19(2) of the Provincial Insolvency Act, the court will hold a hearing to determine if the individual meets the criteria for insolvency based on the petition filed. The court will assess the individual's financial situation and ability to repay their debts to decide if they should be declared insolvent.
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