Cap. 6activeordinance

Bankruptcy Ordinance

破產條例

Full legislation

s.26

Duties of debtor as to discovery and realization of property

(1)
Every debtor against whom a bankruptcy order is made shall, unless prevented by
                sickness or other sufficient cause, attend the first meeting of his creditors, and
                shall submit to such examination and give such information as the meeting may
                    require.
(Amended
76 of 1996 s. 73
)
(2)
He shall give such inventory of his property, such list of his creditors and
                debtors, and of the debts due to and from them respectively, submit to such
                examination in respect of his property or his creditors, attend such other meetings
                of his creditors, wait at such times on the Official Receiver, special manager or
                trustee, execute such powers of attorney, conveyances, deeds and instruments, and
                generally do all such acts and things in relation to his property and the
                distribution of the proceeds amongst his creditors, as may be reasonably required by
                the Official Receiver, special manager or trustee or may be provided by this
                Ordinance, or be prescribed or be directed by the court by any special order or
                orders made in reference to any particular case or made on the occasion of any
                special application by the Official Receiver, special manager, trustee or any
                creditor or person interested.
(3)
He shall aid to the utmost of his power in the realization of his property and
                the distribution of the proceeds among his creditors.
(Amended
76 of 1996 s. 17
)
(4)
If a bankrupt wilfully fails to perform the duties imposed on him by this
                section or to deliver up possession of any part of his property, which is divisible
                amongst his creditors under this Ordinance and which is for the time being in his
                possession or under his control, to the Official Receiver or to the trustee or to
                any person authorized by the court to take possession of it, he shall, in addition
                to any other punishment to which he may be subject, be guilty of a contempt of court
                and may be punished accordingly.
(Amended
76 of 1996 s. 72
)
[cf. 1914 c. 59 s. 22 U.K.]