Mera Samvidhaan All of Insolvency and Bankruptcy Code, 2016

Part III · Chapter V · Administration and Distribution of the Estate of the Bankrupt

154Vesting of estate of bankrupt in bankruptcy trustee.

Section 154 · Part III · Chapter V · page 115 of the Act

(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.

Other provisions that mention Section 154

Section 154 of The Insolvency and Bankruptcy Code, 2016 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.