Singapore legislation
Section 27
Section 27
Duties of debtor as to discovery and realisation of property
(1)
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 any subsequent meeting of his creditors which the Official Assignee requires him to attend, and shall submit to such examination and give such information as the meeting requires.
(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, wait at such times and places on the Official Assignee, 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 are reasonably required by the Official Assignee, or are prescribed or 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 Assignee or any creditor or person interested.
(3)
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, and amongst other things shall, if required by the Official Assignee to do so, answer all such questions and shall submit to such medical examination and do all such other things as are necessary for the purpose of effecting an insurance on his life.
(4)
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 Official Assignee 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.