Bankruptcy Act · 2021 Revised Edition · Part 2
26. Duties of debtor as to discovery and realisation of property
Official textFrom Attorney General's Chambers, unchanged
Every debtor against whom a receiving order is made shall, unless prevented by sickness or other sufficient cause -
attend the first meeting of his creditors; and
submit to such examination and give such information as the meeting may require.
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;
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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 fl 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 Act, 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.
He shall, if adjudged bankrupt, aid to the utmost of his power in the realisation of his property and the distribution of the proceeds among his creditors.
property
"property" includes money, goods, things in action, land and every description of property, whether real or personal and whether situate in Brunei Darussalam or elsewhere, also obligations, easements and every description of estate, interest and profit, present or future, vested or contingent, arising out of or incident to property as above defined;
If a debtor 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 Act and which is for the time being in his possession or under his control to the Oficial
Receiver or to the trustee or to any person authorised 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.
Terms defined in s 2
prescribed
Defined · s 2"prescribed" means prescribed by general rules within the meaning of this Act;
property
Defined · s 2"property" includes money, goods, things in action, land and every description of property, whether real or personal and whether situate in Brunei Darussalam or elsewhere, also obligations, easements and every description of estate, interest and profit, present or future, vested or contingent, arising out of or incident to property as above defined;
Part 3
Chapter
Chapter 19), unless he informs the trustee in writing to the contrary, is deemed to be his last known address for the purpose of subsection (3).
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