Section 27: Inquiry as to debtors' conduct, dealings and property.
(1) The court may, on the application of the Official Receiver or trustee, at any time after a receiving order has been made against a debtor summon before it, the debtor or his wife or any person known or suspected to have in his possession any of the estate or effects belonging to the debtor or supposed to indebted to the debtor, or any person whom the court may deem capable of giving information respecting the debtor, his dealing or property, and the court may require any such person to produce any documents in his custody or power relating to the debtor, his dealings or property.
(2) If any person so summoned, after having been tendered a reasonable sum, refuses to come before the court at the time appointed, or refuses to produce any such document, having no lawful impediment made known to the court at the time of its sitting and allowed by it, the court may, by warrant, cause him to be apprehended and brought up for examination.
(3) The court may, by itself or by a commissioner for oaths appointed for the purpose, examination on oath, either by word of mouth or by written interrogatories, any person so brought before it concerning the debtor, his dealings property.
(4) If any person on examination before the court admits that he is indebted to the debtor, the court may, on the application of the Official Receiver or trustee, order him to pay to the Official Receiver or trustee, at such time and in such manner as to the court seems expedient, the amount admitted or any part thereof either in full discharge of the whole amount in question or not, as the court thinks fit, or without costs of the examination.
(5) If any person on examination before the court admits that he has in his possession any property belonging to the debtor, the court may, on the application of the Official Receiver or trustee, order him to deliver to the Official Receiver or trustee such property or any part thereof, at such time and in such manner and on such terms as the court may seem just.
(6) The court may, if it thinks fit, order that any person who if in Nigeria would be liable to be brought before it under this section shall be examined in any place out of Nigeria by a commissioner for oaths appointed for the purpose.
(7) In the case of the death of the debtor or his wife or of any other witness whose evidence has been duly taken under this Act, the deposition of the person so deceased purporting to be sealed with the seal of the court, or a copy thereof purporting to be so sealed, shall in all legal proceedings be admitted as evidence of the matters therein deposed to, saving all just exceptions.
Cite this section
Section 27, BANKRUPTCY ACT (1979).
https://repo.podus.ai/laws/bankruptcy-act/section/27/