With respect to a chapter XI debtor's redemption right, the court held that the 60-day extension period in Bankruptcy Act § 11(e) begins to run on the date debtor is adjudicated a bankrupt, not on the date of filing the chapter XI petition, despite Bankruptcy Act § 378(a)(2) and Bankruptcy Rule 122, which require that, upon adjudication, a case be treated "as far as possible" as if adjudication took place on the date the chapter XI proceeding was commenced.