Section 139. Effect of discharge. –

The discharge order under sub-section (2) of section 138 shall release the bankrupt from all the bankruptcy debts:

Provided that a discharge shall not –

• (a) affect the functions of the bankruptcy trustee; or
• (b) affect the operation of the provisions of Chapter IV and V of Part III:
• (c) release the bankrupt from any debt incurred by means of fraud or breach of trust to which he was a party; or
• (d) discharge the bankrupt from any excluded debt.