Cap. 9 Art. 191Fraudulent bankruptcy.

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 following:

(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.