Chapter IV — BANKRUPTCY ORDER FOR INDIVIDUALS AND PARTNERSHIP FIRMS

Section 139Effect of discharge

Section 139: Effect of discharge

139. Effect of discharge

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

Provided that discharge shall not—

(a)

affect the functions of the bankruptcy trustee; or

(b)

affect the operation of the provisions of Chapters IV and V of Part III; or

(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.