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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 ст. 513False claim.

Title IV

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(1) Where any person wilfully makes any false claim or falsely claims a larger sum than that actually due to him, he may be sued before the Civil Court (Commercial Section), and shall, on conviction, be liable for the payment of twice the amount falsely claimed, for the benefit of the estate of the bankrupt.

(2) Such an action may be brought by the bankrupt, by any creditor of the bankrupt, or by the bankruptcy trustee, and shall lapse after a period of five (5) years from the date of such claim.