IBC 154Chapter III · Chapter V Administration and Distribution of the Estate of the Bankrupt
Section 154 · Vesting of estate of bankrupt in bankruptcy trustee
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(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.
(2) The vesting under sub-section (1) shall take effect without any conveyance, assignment or transfer.
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