Insolvency Act CAP 53▤
Bankrupt can be required to contribute to payment of debts
(1) If required by the bankruptcy trustee to do so, the bankrupt shall pay an amount or periodic amounts during the bankruptcy as…
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727 results · Insolvency Act CAP 53
Insolvency Act CAP 53▤
Interpretation: Division 15
In this Division— "building", in relation to a bankrupt, includes a reference to a part of a building in which the bankrupt holds…
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Insolvency Act CAP 53▤
Principles of Data Protection
The principles of personal data protection set out in the Data Protection Act (Cap. 411C) shall apply with necessary modifications…
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Insolvency Act CAP 53▤
Bankrupt to give bankruptcy trustee financial information
(1) The bankrupt shall give the bankruptcy trustee (or any person employed by the bankruptcy trustee) the information and details…
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Insolvency Act CAP 53▤
Bankrupt to notify bankruptcy trustee of change in personal information
(1) A bankrupt shall, within seven days after any change occurs in the bankrupt's name, address, employment or income, notify the…
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Insolvency Act CAP 53▤
Bankrupt to give bankruptcy trustee information relating to income and expenditure
(1) Whenever the bankruptcy trustee requires it, the bankrupt shall provide the bankruptcy trustee with details of the bankrupt's…
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Insolvency Act CAP 53▤
Bankrupt to give bankruptcy trustee information relating to property
A bankrupt shall— (a) as soon as practicable after being adjudged bankrupt— (i) give the bankruptcy trustee a complete and accurat…
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Insolvency Act CAP 53▤
Bankrupt to give bankruptcy trustee accounting records and other documents
(1) As soon as practicable after being adjudged bankrupt, the bankrupt shall— (a) deliver to the bankruptcy trustee relevant docum…
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Insolvency Act CAP 53▤
Court may impose charge on bankrupt's property
(1) If— (a) any property consisting of an interest in a dwelling house that is occupied by the bankrupt or by the bankrupt's spous…
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Insolvency Act CAP 53▤
Bankrupt to deliver property to bankruptcy trustee on demand
(1) On demand by the bankruptcy trustee, the bankrupt shall deliver to the bankruptcy trustee, or to a person authorised by the ba…
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Insolvency Act CAP 53▤
Bankrupt to disclose property acquired before discharge
(1) As soon as practicable after acquisition, the bankrupt shall notify the bankruptcy trustee of any property that— (a) was acqui…
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Insolvency Act CAP 53▤
General duty of bankrupt
(1) A bankrupt shall, to the best of the bankrupt's ability, assist in the realisation of the bankrupt's property and the distribu…
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Insolvency Act CAP 53▤
How joint and separate estates are to be applied
(1) When two or more persons have been adjudged bankrupt jointly, the bankruptcy trustee shall first apply— (a) the joint estate t…
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Insolvency Act CAP 53▤
Separate accounts to be kept for each bankrupt
If two or more persons are adjudged bankrupt jointly, the bankruptcy trustee shall keep distinct accounts in respect of— (a) the j…
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Insolvency Act CAP 53▤
Effect of notice to bankruptcy trustee of application for bankruptcy
(1) This section applies if the bankruptcy trustee in respect of a bankrupt's estate receives notice that a creditor has lodged an…
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Insolvency Act CAP 53▤
Status of bankrupt's property on second bankruptcy
(1) This section applies to and in respect of a bankrupt who, before discharge, is adjudged bankrupt for a second time. (2) Proper…
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Insolvency Act CAP 53▤
Creditor may assign goods to bankruptcy trustee
If— (a) the bankrupt purchased goods under a credit purchase transaction before the time the bankruptcy commenced; and (b) at that…
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Insolvency Act CAP 53▤
Creditor in possession of goods may prove in bankruptcy if bankruptcy trustee has not exercised powers
(1) A creditor may prove in a bankruptcy for the amount (not exceeding that limited by any relevant written law) that the creditor…
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Insolvency Act CAP 53▤
Bankruptcy trustee's powers in relation to goods that are subject to a credit purchase transaction
(1) In the case of goods to which section 131 applies, the bankruptcy trustee may— (a) within the thirty-day period referred to in…
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Insolvency Act CAP 53▤
Restrictions on creditor dealing with goods
(1) If a bankrupt acquired goods under a credit purchase transaction before the bankruptcy commenced and the creditor either— (a)…
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Insolvency Act CAP 53▤
Interpretation: Division 11
In this Division— "cash price", in relation to a sale of goods, means— (a) the lowest price at which a person could have bought th…
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Insolvency Act CAP 53▤
Company may prove for unpaid calls
(1) This section applies if the bankruptcy trustee has disclaimed liability under shares and the company is not in liquidation. (2…
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Insolvency Act CAP 53▤
Transfer of shares after disclaimer
(1) After disclaimer, the bankruptcy trustee may, subject to any other written law and to the company's constitution, transfer the…
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Insolvency Act CAP 53▤
Bankruptcy trustee may be required to elect whether to disclaim liability under shares
The bankruptcy trustee loses the right to disclaim liability under shares if— (a) the company or a person who has an interest in t…
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