Statement of financial position requirement: bankrupts must file prescribed disclosures and trustees may seek further explanations. A bankrupt must submit a statement of financial position to the bankruptcy trustee within the prescribed time and in the prescribed form and manner; if the bankrupt is a firm, partners must submit a joint firm statement and individual partner statements. The trustee may require further written information explaining or modifying any matter in the statement.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Statement of financial position requirement: bankrupts must file prescribed disclosures and trustees may seek further explanations.
A bankrupt must submit a statement of financial position to the bankruptcy trustee within the prescribed time and in the prescribed form and manner; if the bankrupt is a firm, partners must submit a joint firm statement and individual partner statements. The trustee may require further written information explaining or modifying any matter in the statement.
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