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Section 41: Financial information

Insolvency Act · PART II: BANKRUPTCY AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

41. Financial information (1) A bankrupt shall give the Official Receiver the information and details that are necessary to prepare a statement of the financial position of the bankrupt’s estate. (2) Where required by the Official Receiver, the bankrupt shall, within a reasonable time of adjudication, prepare and deliver to the Official Receiver full, true and detailed accounts and statements of his financial position that show details of— (a) the bankrupt’s trading and stocktaking; and (b) the bankrupt’s profit and losses during any period in the 3 years before the adjudication. (3) For the bankrupt to prepare the accounts and statements referred to in subsection (2)— (a) the Official Receiver shall give the bankrupt full access to the bankrupt’s books and papers in the Official Receiver’s possession; and (b) where the Official Receiver thinks necessary, the bankrupt shall be assisted by an accountant at the expense of the bankrupt’s estate. [Issue 3] I14 – 32 Revised Laws of Mauritius Section C – Control over bankrupt

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