Singapore legislation
Section 138
Section 138
Fraudulent disposal of property
(1)
A bankrupt shall be guilty of an offence if —
he makes or causes to be made, or has during the period of 5 years prior to the date of the bankruptcy order against him made or caused to be made, any gift or transfer of, or any charge on, his property; or
he conceals or removes, or has at any time before the commencement of the bankruptcy concealed or removed, any part of his property after, or within 2 months before, the date on which a judgment or an order for the payment of money has been obtained against him, being a judgment or an order which was not satisfied before the commencement of his bankruptcy.
(2)
In this section, the reference to making a transfer of or a charge on any property includes a reference to causing or conniving at the levying of any execution against that property.