1923_BANKRUPTCY_ORDINANCE__1891 — Page 20

BANKRUPTCY.

No. 7 of 1891.

597

are usual and proper in the business carried on by him and [s. 27 contd.) as sufficiently disclose his business transactions and financial position within the three years immediately preceding his bankruptcy;

(b) that the bankrupt has carried on trade by means of fictitions capital;

(e) that the bankrupt has continned to trade after knowing himself to be insolvent ;

(d) that the bankrupt has contracted any debt provable in the bankruptcy without having, at the time of contracting it, any reasonable or probable ground of expectation (proof whereof shall lie on him) of being able to pay it;

(e) that the bankrupt has brought on his bankruptcy by rash and hazardous speculations or unjustifiable extravagance in living;

(f) that the bankrupt has put any of his creditors to unnecessary expense by a frivolous or vexatious defence to any action properly brought against him ;

(g) that the bankrupt has, within four mouths next preceding the date of the receiving order, when unable to pay his debts as they became due, given an undue preference to any of his creditors;

(h) that the bankrupt has on any previous occasion been adjudged bankrupt or made a statutory composition or arrangement with his creditors ;

G) that the bankrupt has been guilty of any fraud or Traudulent breach of trust;

() that the bankrupt has, since the commencement of the bankruptcy proceedings, misconducted himself in connexion with such proceedings; and

(k) that a dividend or dividends of fifty per cent. has or have not been paid or will not, in the opinion of the trustee, be payable on the debts proved,

(5) the court may, on proof to its satisfaction of the facts mentioned in paragraphs (a), (b), (c), (d), (e), or (f), of sub-section (4), summarily sentence the bankrupt to imprison- ment for any term not exceeding one year,

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