Bankruptcy

Cap. 244 · Revised Edition 2020 · 118 sections

s. 1Short title
s. 2Interpretation
s. 3Acts of bankruptcy
s. 4Jurisdiction to make receiving order
s. 5Condition on which creditor may petition
s. 6Proceeding and order on creditor’s petition
s. 7Debtor’s petition and order thereon
s. 8Effect of receiving order
s. 9Power to appoint interim receiver
s. 10Power to stay pending proceedings
s. 11Power to appoint special manager
s. 12Advertisement of receiving order
s. 13First and other meetings of creditors
s. 14Debtor’s statement of accounts
s. 15Public examination of debtor
s. 16Composition or scheme of arrangement
s. 17Effect of composition or scheme
s. 18Adjudication of bankrupt where composition is not accepted or approved
s. 19Appointment of trustee
s. 20Committee of inspection
s. 21Power to accept composition or scheme after bankruptcy adjudication
s. 22Duties of debtor as to discovery and realisation of property
s. 23Arrest of debtor under certain circumstances
s. 24Redirection of debtor’s letters
s. 25Enquiry as to debtor’s conduct, dealings and property
s. 26Discharge of bankrupt
s. 27Fraudulent settlements
s. 28Effect of order of discharge
s. 29Undischarged bankrupt obtaining credit to the extent of $100 to be guilty of misdemeanor
s. 30Automatic discharge of bankrupt
s. 31Disqualification of bankrupt
s. 32Power for court to annul adjudication in certain cases
s. 33Meaning of payment of debts in full
s. 34Description of debts provable in bankruptcy
s. 35Mutual credit and set-off
s. 36Rules as to proof of debts
s. 37Priority of debts
s. 38Power of landlord to distrain for rent
s. 39Relation back of trustee’s title
s. 40Description of bankrupt’s property divisible amongst creditors
s. 41Restriction of rights of creditors under execution or attachment
s. 42Duties of Marshal as to goods taken in execution
s. 43Avoidance of voluntary settlements
s. 44Avoidance of preferences in certain cases
s. 45Protection of bona fide transactions without notice
s. 46Possession of property by trustee
s. 47Seizure of property of bankrupt
s. 48Appropriation of portion of pay or salary to creditors
s. 49Vesting and transfer of property
s. 50Disclaimer of onerous property
s. 51Powers of trustee to deal with property
s. 52Powers exercisable by trustee with permission of committee of inspection
s. 53Power to allow bankrupt to manage property
s. 54Allowance to bankrupt for maintenance or service
s. 55Declaration and distribution of dividends
s. 56Joint and separate dividends
s. 57Provision for creditors residing at a distance, etc
s. 58Right of creditor who has not proved debt before declaration of a dividend
s. 59Final dividend
s. 60No action for dividend
s. 61Right of bankrupt to surplus
s. 62Appointment by the Attorney General of Official Receiver of debtors’ estates
s. 63Status of Official Receiver
s. 64Duties of Official Receiver as regards the debtor’s conduct
s. 65Duties of Official Receiver as to debtor’s estate
s. 66Official name of trustee
s. 67Power to appoint joint or successive trustees
s. 68Proceedings in case of vacancy in office of trustee
s. 69Limitation of voting powers of trustee
s. 70Discretionary powers of trustee and control thereof
s. 71Appeal to court against trustee
s. 72Remuneration of trustee
s. 73Allowance and taxation of costs
s. 74Books to be kept by trustee
s. 75Trustee to pay moneys into Treasury
s. 76Audit of trustee’s accounts
s. 77Release of trustee
s. 78Office of trustee vacated by insolvency
s. 79Removal of trustee
s. 80Exercise of jurisdiction in chambers
s. 81General powers of the court
s. 82Reviews and appeals in bankruptcy
s. 83Discretionary powers of the court
s. 84Consolidation of petitions
s. 85Property of partners to be vested in same trustee
s. 86Power to change carriage of proceedings
s. 87Continuance of proceedings on death of debtor
s. 88Power to stay proceedings
s. 89Power to present petition against one partner
s. 90Power to dismiss petition against some respondents only
s. 91Actions by trustee and bankrupt’s partners
s. 92Actions on joint contracts
s. 93Proceedings in partnership name
s. 94Summary administration in small cases
s. 95Exclusion of partnership and companies, etc
s. 96Administration in bankruptcy of estate of person dying insolvent
s. 97Power to make general rules
s. 98Evidence of proceedings of meetings of creditors
s. 99Death of debtor or witness
s. 100Statement or admission not admissible as evidence in certain criminal proceedings
s. 101Certificate of appointment of trustee
s. 102Formal defects not to invalidate proceedings
s. 103Gazette to be evidence
s. 104Evidence of proceedings in bankruptcy
s. 105Swearing of affidavits
s. 106Computation of time
s. 107Services of notices, etc
s. 108Sales under execution to be public
s. 109Acts of corporations, partners, etc
s. 110Certain provisions to bind the Government
s. 111Unclaimed and undistributed dividends or funds under this Act
s. 112The court to act in aid of and auxiliary to certain courts in United Kingdom
s. 113Penalty for certain offences committed by a person against whom receiving order is made
s. 114Penalty for any false claim, etc., by a creditor in bankruptcy
s. 115Liability of debtor for unpaid balance of debt in certain cases
s. 116Misdemeanours
s. 117Director of Public Prosecutions to prosecute where the court orders prosecution
s. 118Protection from liability