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Section 154 - Insolvency and Bankruptcy Code Act, 2016
154. Vesting of estate of bankrupt in bankruptcy trustee.-
(1) The estate of the bankrupt shall vest in the bankruptcy trustee immediately from the date of his appointment.
(2) The vesting under sub-section (1) shall take effect without any conveyance, assignment or transfer.
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Related Acts
- Real Estate (Regulation and Development) Act, 2016
- Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act, 2023
- The Bharatiya Nagarik Suraksha Sanhita, 2023
- Taxation Laws (Second Amendment) Act, 2016
- Payment of Gratuity (Amendment) Act, 2018
* Only for reference.