Criminal Code (Cap. 9), article 191

191. A bankrupt trader shall be declared guilty of fraudulent bankruptcy and shall be punishable with imprisonment for a term from eighteen months to three years, in each of the cases follo wing: (a) if he conceals or falsifies his books; (b) if he misapplies, conceals or dissembles any part of his assets; (c) if he simulates fictitious debts; (d) if in his books or in any public or private writing he fraudulently acknowledges himself debtor of any sum which is not due. 94 CAP. 9.] CRIMINAL CODE Circumstances which give rise to simple bankruptcy. Amended by: IX.I859.13; VI.1871.12; XI.1900.23.