ADVOKS GLOBAL · KENYA
Insolvency Act
142. Bankrupt to deliver property to bankruptcy trustee on demand
Edition: 2022-12-31 · In force
142. 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 bankruptcy trustee to receive it, all of the bankrupt's property that—(a)is divisible among the creditors; and(b)is under the bankrupt's control.(2)On demand by the bankruptcy trustee, the bankrupt shall deliver to the bankruptcy trustee, or to a person authorised by the bankruptcy trustee to receive it, all property that is acquired by, or passes to, the bankrupt before the bankrupt's discharge.(3)A bankrupt shall take all the steps (including the steps specified in subsection (4)) in relation to the bankrupt's property, and the distribution of the proceeds to the creditors, that are—(a)required by the bankruptcy trustee;(b)prescribed by the insolvency regulations for the purposes of this section;(c)directed to be taken by the Court by an order made in reference to the bankruptcy; or(d)directed to be done by the Court on an application by the bankruptcy trustee or a creditor.(4)The steps referred to in subsection (3) include the execution by the bankrupt of powers of attorney, transfers, and other relevant documents.(5)A bankrupt who, without reasonable excuse, fails to comply with a requirement imposed by or under this section is guilty of contempt of the Court and is liable to be punished accordingly, in addition to any other punishment to which the bankrupt may be subject.