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srilawsby aturio
As enacted
Contents

Part VI

142. Application to Contest Discharge: Bankruptcy report

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

The Bankruptcy Trustee must prepare a

Bankruptcy report and file it in the court when an application to contest discharge has been made under section 140.

(2)

The Bankruptcy Trustee shall report on-

(a)

the affairs of the bankrupt debtor;

(b)

the manner in which the bankrupt debtor has performed the obligations imposed on debtors under this Act or obeyed orders of the court;

(c)

the Trustee’s view as to whether a ground exists for denial of discharge; and

Rescue, Rehabilitation and Insolvency

(d)

any other matter relating to the Bankruptcy which the Trustee has reason to consider may assist the court in making a decision as to the bankrupt debtor’s discharge.

(3)

The Bankruptcy Trustees hall provide the debtor and the creditors with written notice of the Bankruptcy report at least twenty one days in advance of the hearing of the application to contest discharge.

(4)

If a creditor contests discharge on grounds other than those specified in the Bankruptcy report, the creditor shall give written notice to the Bankruptcy Trustee and the bankrupt debtor, not less than ten days in advance of the hearing of the application to contest the grounds of such discharge.

Read on from s 143

Part VII

Personal Insolvency Register

Read on from Part VII

Part VIII

Read on from Part VIII

Part IX

Read on from Part IX

Part X

Compromises

Read on from Part X

Part XI

Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements

Read on from Part XI

Part XII

Read on from Part XII

Part XIII

Read on from Part XIII

Part XIV

Cross - Border Insolvency

Read on from Part XIV

Part XV

Read on from Part XV

Part XVI

Read on from Part XVI

Part XVII

Read on from Part XVII

Schedules