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Section 139 - Insolvency and Bankruptcy Code Act, 2016
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.
Related Sections
Related Acts
- Central Goods and Services Tax Act, 2017
- Human Immunodeficiency Virus and Acquired Immune Deficiency Syndrome (Prevention and Control) Act, 2017
- Juvenile Justice (Care and Protection of Children) Act, 2015
- Goods and Services Tax (Compensation to States) Amendment Act, 2018
- Tribunals Reforms Act, 2021
* Only for reference.