32. Responsibility of a debtor under Personal Insolvency Procedures

to provide to a personal insolvency official and to the court, in accordance with section 33 and any other provision of this Act, a full statement of the debtor’s financial affairs, including the disclosure of ones income, property and liabilities;

to supply to the relevant personal insolvency official any such information as the official may require regarding the debtor’s expenditure and sources of income; and

to provide any records, accounts and documents reasonably required by the personal insolvency official.

the application of the procedure to the debtor’s case; or

the carrying out of the personal insolvency official’s functions.

any property is acquired by the debtor; or

there is any other material and unexpected change in the debtor’s financial circumstances, the debtor shall, as soon as is reasonably practicable, give the relevant personal insolvency official written notice of the property or, as the case may be, of the increase in the debtor’s income.

required under this Act;

prescribed;

directed to be done by the court by an order made in reference to a particular insolvency procedure;

reasonably required by the relevant personal insolvency official.

shall not, in respect of included debts, make to any creditor any additional payments in money or in kind, above a value of ten thousand rupees or such higher value as may be prescribed, other than those made through a personal insolvency official under the terms of the procedure; and

shall not transfer, lease, grant security over, or otherwise dispose of any interest in property above a value of ten thousand rupees or such higher value as may be prescribed, other than through the personal insolvency official under the terms of the procedure.