Section 149 of Insolvency Act CAP 53: Interpretation: Division 15

(1) If required by the bankruptcy trustee to do so, the bankrupt shall pay an amount or periodic amounts during the bankruptcy as a contribution towards payment of the bankrupt's debts. (2) The...

If a bankrupt fails to make a payment required under section 150, the onus is on the bankrupt in any proceedings arising out of the failure to show that the failure was not deliberate.

(1) An undischarged bankrupt shall not, without the consent of the bankruptcy trustee or the Court (either directly or indirectly)— (a) enter into, carry on, or take part in the management or...

(1) The Court may issue a search warrant to the bankruptcy trustee or any other person if it reasonably believes that any relevant property is concealed in a specified place. (2) The warrant may...

(1) If authorised by a warrant issued by the Court, the bankruptcy trustee or (if not the bankruptcy trustee) the Official Receiver, with such assistants as are considered necessary— (a) may seize...

(1) The bankruptcy trustee may require the bankrupt and relatives of the bankrupt to vacate any land or building that is part of the property vested in the bankruptcy trustee under the...

A bankrupt is entitled at any reasonable time to inspect and to take copies of— (a) the bankrupt's accounting records; (b) the bankrupt's answers to questions put to the bankrupt in the course of an...

(1) After the bankruptcy commences, the bankrupt, and any person (other than the bankruptcy trustee) who claims through or under the bankrupt, ceases to be entitled— (a) to recover property that is...

(1) After the bankruptcy has commenced, the bankrupt may not execute a power of appointment, or any other power vested in the bankrupt, if the result would be to defeat or destroy any contingent or...

(1) As soon as practicable after becoming aware or formings reasonable suspicion that a customer is an undischarged bankrupt, a bank shall— (a) notify the bankruptcy trustee of any account that the...

(1) The Official Receiver may, by notice, require a bank to search its account records by comparing the names of its customers with the names (including any aliases) of undischarged bankrupts...

(1) A bankrupt may choose and retain as the bankrupt's own property assets of a description specified in subsection (2) up to a maximum value determined in accordance with subsection (3). (2) The...

A bankrupt may retain necessary tools of trade and necessary household furniture and effects that are worth more than the maximum value fixed in accordance with section 161, if the bankrupts'...

(1) Subject to subsection (2), the retention of an asset by the bankrupt under section 161 or 162 does not affect rights arising under a valid charge, bailment contract or credit purchase transaction...

The fact that the net value of the assets that the bankrupt retains is less than the maximum values specified in section 161 does not give the bankrupt any rights in relation to other assets in the...

If the bankrupt has died, a relative or dependant of the bankrupt, who has been approved for this purpose by the bankruptcy trustee or the Court, may exercise the right to retain assets under section...

The bankruptcy trustee may make an allowance out of the property of the bankrupt to the bankrupt, or to any relative or dependant of the bankrupt, for the support of the bankrupt and the bankrupt's...

(1) The bankruptcy trustee may allow the bankrupt to retain, for the immediate maintenance of the bankrupt and the bankrupt's relatives and dependants, money up to the prescribed limit that the...

(1) The bankruptcy trustee may, at any time before or after a bankrupt's discharge— (a) serve on any of the persons listed in subsection (2) a summons to appear before the bankruptcy trustee or the...

(1) The bankruptcy trustee may examine on oath the persons summoned for examination in accordance with section 168. (2) The bankruptcy trustee shall ensure that the examination is recorded in...

A person who is summoned for examination by the bankruptcy trustee— (a) is entitled to be paid the expenses incurred in attending the examination, not exceeding the amount prescribed by the...

(1) A person who is examined or questioned at an examination by the bankruptcy trustee is entitled to be represented by an advocate. (2) Such a person may be questioned by the bankrupt's advocate,...

A creditor, or the creditor's advocate, is entitled at any reasonable time to inspect the record of the examination of a person conducted in accordance with section 169.

(1) A person shall not, without the approval of the Court, publish a report of— (a) any examination of a person summoned for examination by the bankruptcy trustee; or (b) any matter arising in the...

Sections 168 to 173 also apply when the bankruptcy trustee has been appointed as interim trustee in respect of all or part of a debtor's property under section 36 and, for that purpose, references in...

(1) A person is not entitled as against the bankruptcy trustee to withhold possession of, or claim a lien over— (a) a document that belongs to the bankrupt; or (b) the bankrupt's business...

(1) A person who, without reasonable excuse— (a) fails to comply with a summons attend the public examination of a bankrupt as required by section 168(1); (b) fails without reasonable excuse to...

(1) At any time before an absolute order for a bankrupt's discharge is made— (a) the bankruptcy trustee; or if a ordinary resolution has been passed at a creditor's meeting seeking the public...

(1) As soon as practicable after the Court has made an order under section 177, the bankruptcy trustee shall serve a copy of the order on the bankrupt. (2) At least seven days before the date fixed...

Before the public examination of a bankrupt before the Court begins, the bankruptcy trustee shall lodge with the Court a report on— (a) the bankrupt's estate; (b) the bankrupt's conduct; and (c) all...

(1) At the time and date fixed by the Court for holding the public examination of a bankrupt, the bankrupt shall attend the examination, and may be examined as to the bankrupt's conduct, affairs and...

(1) On the holding of a public examination of a bankrupt before the Court, the Court shall ensure that a written record is made of the examination. (2) The Court shall also ensure that the record of...

(1) The public examination of a bankrupt ends when the Court makes an order declaring that the examination is ended. (2) The Court may make an order declaring that the examination has ended only if...

If the bankrupt does not appear for the examination at the appointed time and has no reasonable excuse— (a) the Court may, either on the bankruptcy trustee's application or its own initiative, by...

(1) A bankrupt is entitled to be paid such expenses for attending a public examination before the Court as are prescribed by the insolvency regulations for the purposes of this section. (2) It the...

(1) If authorised by the Court, the bankruptcy trustee or a person appointed by that trustee may exercise the powers specified in subsection (2) in relation to a company with which the bankrupt is...

(1) A person (including the bankrupt) who is examined or questioned at a public examination of a bankrupt shall answer all questions put to the person in relation to the bankrupt's conduct, affairs...

(1) A person who, without reasonable excuse— (a) fails to attend an examination as required by section 180(1); (b) fails to deliver a document as required under section 180(4)(a); (c) fails to...

(1) A person (including the bankrupt) who is examined or questioned at a public examination of a bankrupt is entitled to be represented by an advocate. (2) Such a person may be questioned by the...

If a bankrupt is a party to a contract, the bankruptcy trustee may— (a) continue the contract, subject to the terms of the contract and all relevant rules of law; or (b) disclaim the contract if it...

(1) This section applies if the other party to a contract to which the bankrupt is a party, in accordance with a term of the contract, terminates the contract in consequence of the...

(1) This section applies to a payment of money or a delivery of property to a person who is adjudged bankrupt, whether the payment or delivery is made— (a) on the order of the person; or (b) from...

If the bankrupt is jointly liable under a contract with another person, that other person may sue and be sued on the contract without the bankrupt being joined as a party to the proceeding.

(1) The bankruptcy trustee may recover money paid by a bankrupt to the bankrupt's advocate for costs in obtaining a bankruptcy order, except for those (if any) prescribed for the purpose of this...

(1) This Division applies to the following irregular transactions by the bankrupt before the bankruptcy commenced— (a) an insolvent transaction; (b) an insolvent charge; (c) an insolvent...

For the purposes of this Division, a two year period or a six months period referred to in this Division can be extended— (a) in the case of a bankruptcy order made on a creditor's application, by...

A transaction by a bankrupt can be cancelled on the bankruptcy trustee's initiative if it— (a) is an insolvent transaction; and (b) was made within two years immediately before the bankruptcy...

(1) For the purposes of section 196, a transaction is an insolvent transaction by a bankrupt if it— (a) is entered into or made at a time when the bankrupt is unable to pay the bankrupt's debts;...

For the purposes of section 196, a transaction that was entered into within the six months before a bankrupt is adjudged bankrupt is presumed, until the contrary is proved, to have been made at a time...

(1) This section applies if a series of transactions made for commercial purposes forms an integral part of a continuing business relationship (such as a running account) between a bankrupt and a...