Bankruptcy Act · 2009 Revised Edition · Part X · Bankruptcy Offences
139. Absconding with property
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A bankrupt shall be guilty of an offence if —
bankrupt
“bankrupt” means —(a)the individual debtor who has been adjudged bankrupt by a bankruptcy order; or(b)where a bankruptcy order has been made against a firm, each of the partners in the firm;
he leaves, or attempts or makes preparations to leave, Singapore with any property the value of which is $500 or more and possession of which he is required to deliver up to the Official Assignee; or
property
“property” includes money, goods, things in action, land and every description of property wherever situated and also obligations and every description of interest, whether present or future or vested or contingent, arising out of or incidental to, property;
in the 12 months before the making of the bankruptcy application by or against him, or in the initial period, he did anything which would have been an offence under paragraph (a) if the bankruptcy order against him had been made immediately before he did it.
bankruptcy application
“bankruptcy application” means an application to the court for a bankruptcy order;