(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.
Section 154: Vesting of estate of bankrupt in bankruptcy trustee.
The Insolvency and Bankruptcy Code, 2016.Central Act · Act 31 of 2016
Where this provision sits
| Act | The Insolvency and Bankruptcy Code, 2016. |
|---|---|
| Section | 154 |
| Marginal note | Vesting of estate of bankrupt in bankruptcy trustee. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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