Upon the application of any person interested, the Court of Chancery may direct the bond provided under § 7383 of this title to be proceeded on if it deems it necessary and proper for the protection of such interested party.

15 Del. Laws, c. 187, § ?4; Code 1915, § ?4654; Code 1935, § ?5112; 10 Del. C. 1953, § ?7384;