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10.17.—(1) This rule applies where the debt is a liquidated sum payable at some future time, it being claimed in the petition that the debtor appears to have no reasonable prospect of being able to pay it.
(2) The debtor may apply for an order that the petitioning creditor give security for the debtor’s costs.
(3) The nature and amount of the security to be ordered is in the court’s discretion.
(4) If an order for security is made then the petition may not be heard until the whole amount of the security has been given.
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