Any transfer of property not being a transfer made before and in consideration of marriage or made in favour of a purchaser or incumbrancer in good faith and for valuable consideration shall, if the transferor is adjudged insolvent 1[on a petition presented] within two years after the date of the transfer, be void able as against the receiver and may be annulled by the Court.
Section 53: Avoidance of voluntary transfer
The Provincial Insolvency Act, 1920Central Act · Act 5 of 1920
Where this provision sits
| Act | The Provincial Insolvency Act, 1920 |
|---|---|
| Section | 53 |
| Marginal note | Avoidance of voluntary transfer |
| Jurisdiction | Central |
| Status | In force as published by the source |
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