Section 62:

62. What property may be disclaimed (1) The trustee may by notice in writing signed by him and served on the interested party, within 3 months after the adjudication of bankruptcy, disclaim— (a) any part of the property of the bankrupt consisting of land, of any tenure burdened with onerous covenants, of shares or stock in companies, or of unprofitable contracts; (b) any other property that is unsaleable, or not readily saleable by reason of its binding the bankrupt to the performance of any onerous act, or to the payment of any sum of money. (2) The property may be disclaimed, notwithstanding that the Official Receiver or trustee has endeavoured to sell or has taken possession of it, or exercised any act of ownership in relation to it. (3) In the case of a lease, no such lease shall be disclaimed except with the leave of the Court and subject to such orders with respect to fixtures, tenant’s improvements and other matters, as the Court thinks just. (4) Where any such property has not come to the knowledge of the trustee within one month after the adjudication, he may disclaim such property at any time within 2 months after he first became aware of it. [Issue 1] B4 – 28 Revised Laws of Mauritius