Section 62: Engaging in business after discharge

62. Engaging in business after discharge (1) The Court may, where it makes an order of discharge or at any earlier time, prohibit the bankrupt after discharge from doing any of the following acts without the Court’s permission— (a) entering into, carrying on, or taking part in the management or control of any business or class of business; I14 – 41 [Issue 3] Insolvency Act (b) being a director of, or being concerned in or taking part directly or indirectly in the management of, any company; (c) being employed by a relative of the bankrupt; or (d) being employed by a company, trust or trustee, or a partnership or incorporated association carrying on any business that is managed or controlled by a relative of the bankrupt. (2) The Court may make an order under subsection (1) for a specified period or without a time limit and may at any time vary or cancel the prohibition.