Section 150. Duties of bankrupt towards bankruptcy trustee. –

(1) The bankrupt shall assist the bankruptcy trustee in carrying out his functions under this Chapter by –

• (a) giving to the bankruptcy trustee the information of his affairs;
• (b) attending on the bankruptcy trustee at such times as may be required;
• (c) giving notice to the bankruptcy trustee of any of the following events which have occurred after the bankruptcy commencement date, –
  • (i) acquisition of any property by the bankrupt;
  • (ii) devolution of any property upon the bankrupt;
  • (iii) increase in the income of the bankrupt;
  • (d) doing all other things as may be prescribed.

(2) The bankrupt shall give notice of the increase in income or acquisition or devolution of property under clause (c) of sub-section (1) within seven days of such increase, acquisition or devolution.

(3) The bankrupt shall continue to discharge the duties under sub-section (1) other than the duties under clause (c) even after the discharge under section 138.