Definition of bankruptcy order in English:
An order of the court declaring a person bankrupt and placing their affairs under the control of a receiver or trustee. Compare with receiving order.
- That was the debt on which the court made the bankruptcy order.
- This is an involuntary effect of the law relating to bankruptcy which transfers the bankrupt's interest to his trustee in bankruptcy when a bankruptcy order is made.
- He presented his own petition for bankruptcy; and a bankruptcy order was made on that petition on 8 June 1994.