Court of Appeals for the Seventh Circuit March 9, 1982, 81-1309 (In Re Bailey's Beauticians Supply Company, Debtor-Appellant)

PELL, Circuit Judge.

Bailey’s Beauticians Supply Co. (Bailey’s) appeals from a district court decision in which the judge concluded that a bankruptcy court had no power, pursuant to the Bankruptcy Act of 1898, 30 Stat. 544 (1898) (repealed 1978), to dismiss an involuntary petition that meets jurisdictional requirements.