164 Definition of property

‘Property’ is defined as including (but is not limited to) ‘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, vested or contingent, arising out of, or incidental to, property’1.

As a general rule, the bankrupt’s rights in an existing or prospective action pass to the trustee2. However, causes of action entirely personal to the bankrupt—which include cases in which ‘the damages are to be assessed by immediate reference to pain felt by the bankrupt in respect of his body, mind or

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