ORDINANCE No. 5 OF 1864 . 633
Bankruptcy and Insolvency.
173. If any person shall refuse to be sworn, or shall refuse to Any person
refusing to be
answer any lawful question put by the Court, or shall not fully answer Sworn or
refusing to
any such question to the satisfaction of the Court, or shall refuse to sign answer or not
fully answer
and subscribe his examination when reduced into writing (not having ingorrefusing
to sign
any lawful objection allowed by the Court ) or shall not produce any examination
or to produce
books , papers , deeds and writings , or other documents in his custody or books, &c.,
may be d
power, relating to any of the matters under inquiry, which such person is committe .
required by the Court to produce, and to the production of which he
shall not state any objection , allowed by the Court , it shall be lawful for
the Court by warrant to commit such person to prison , there to remain
without bail until he shall submit himself to the Court to be sworn, and
full answers make to the satisfaction of the Court, to all such lawful
questions as shall be put by the Court, and sign and subscribe such
examination, and produce such books , papers , deeds , writings and other
documents in his custody or power, to the production of which no such
objection as aforesaid has been allowed.
174. If any assignee shall retain in his hands for more than Assignee
disobeying
one week or employ for his own benefit, or knowingly permit any direction
pay or invto
est
co-assignee so to retain or employ any sum to the amount of more than money, and
retaining it.
three hundred dollars , part of the estate of any bankrupt , or shall neglect or permitting
co-assignee to
to invest any money when directed by the Court, every such assignee shall retain or
employ it to
be liable to be charged in his account with such sum as shall be equal to be charged
with 25 per
interest at the rate of twenty-five per centum per annum on all such cent.
moneys for the time during which he shall have so retained or employed
the same or permitted the same to be so retained or employed , or during
which he shall so have neglected to invest the same : and the Court is
hereby required to charge every such assignee in his account accordingly.
175. Ifany petitioning creditor shall , after adjudication , receive any Petitioning
creditor
money, satisfaction or security for his debt or any part thereof, whereby compounding
with debtor
such petitioning creditor may receive more in the pound in respect of his after
adjudication.
debts than the other creditors , such petitioning creditor shall forfeit his
whole debt, and shall also repay or deliver up such money, satisfaction
or security , or the full value thereof to the assignee or assignees , of such
bankrupt for the benefit of the creditors of the bankrupt.
176. Any person who shall wilfully conceal any real or personal Concealing
bankrupt's
estate of the bankrupt and who shall not within forty-two days after the effects.
filing of the petition for adjudication, discover such estate to the Court or