| Commentary

182 Continuing duties of bankrupt

| Commentary

182 Continuing duties of bankrupt

If, at any time after the commencement of the bankruptcy, the bankrupt acquires any property or there is an increase in the bankrupt’s income, he must give notice of this to the trustee within 21 days of becoming aware of the fact1 and he may not dispose of such property within the period of 42 days beginning with the date of the notice2. If the bankrupt without reasonable excuse fails to comply with any of the above duties, he is guilty of contempt of court and liable to be punished accordingly (in

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