Insolvency and Bankruptcy Code, 2016

MA — y after procuring the approval of the committee of creditors,— · Section 154

Vesting of estate of bankrupt in bankruptcy trustee

Synced on 05 Jul 2026Text as per India Code

(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.

Judgments on Section 154