Claim

Claim, Claimant. In administration proceedings, windings-up, and similar practice in the Chancery Division of the High Court, persons who consider themselves to have rights against the assets in course of administration must send in their claims in the shape of formal notice to the executor, liquidator, etc. In bankruptcy, a creditor must prove his debt before he can receive a dividend from the estate, but where he is unable to perfect, his proof he is allowed to enter his claim pro tanto, and the dividends thereon will be reserved for a reasonable time to enable proof of debt to be made.