BANKRUPTCY ACT

Section 29: Effect of order of discharge.

1979Section 29 of 143Federal Republic of Nigeria

(1) An order of discharge shall not release the bankrupt-
(a) from any debt or a recognisance nor from any debt with which the bankrupt may be chargeable at the suit of the State or of any person for any offence against a statute relating to any branch of the public service on a bail bond entered into for the appearance of any person prosecuted for any such offence; or
(b) from any debt or liability incurred by means of any fraud or fraudulent breach of trust to which he was a party, or from any debt or liability whereof he has obtained forbearance by any fraud to which he was a party.
(2) An order of discharge shall release the bankrupt from all other debts provable in bankruptcy.
(3) An order of discharge shall be conclusive evidence of the bankruptcy and of the validity of the proceedings therein, and in any proceedings that may be instituted against a bankrupt who has obtained an order of discharge in respect of any debt from which he is released by the order, the bankrupt may plead that the cause of action occurred before his discharge.
(4) An order of discharge shall not release any person who at the date of the receiving order was a partner or co-trustee with the bankrupt or was jointly bound or had made any joint contract with him, or any person who was surety or in the nature of a surety for him.

Cite this section

Section 29, BANKRUPTCY ACT (1979).

https://repo.podus.ai/laws/bankruptcy-act/section/29/