Cap. 6activeordinance

Bankruptcy Ordinance

破產條例

Full legislation

s.49

Transactions at an undervalue

Subject to this section and
sections 51
and
51A
, where a debtor is adjudged bankrupt and he has at a relevant time (defined in
section 51
) entered into a transaction with any person at an undervalue, the trustee may apply to the court for an order under this section.