Section 154. Vesting of estate of bankrupt in bankruptcy trustee
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Act
Insolvency and Bankruptcy Code Act, 2016
Section number
154
Section reader
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.
