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        IBC

        Section 154 - Vesting of estate of bankrupt in bankruptcy trustee.

        Insolvency and Bankruptcy Code, 2016
        Chapter V (of Part III)
        ADMINISTRATION AND DISTRIBUTION OF THE ESTATE OF THE BANKRUPT

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        Vesting of estate: bankrupt's estate vests in the bankruptcy trustee immediately upon appointment, without need for conveyance. Vesting of the bankrupt's estate in the bankruptcy trustee occurs immediately upon the trustee's appointment and takes effect without any conveyance, assignment or transfer, conferring title and control to the trustee for administration and distribution.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Vesting of estate: bankrupt's estate vests in the bankruptcy trustee immediately upon appointment, without need for conveyance.

                            Vesting of the bankrupt's estate in the bankruptcy trustee occurs immediately upon the trustee's appointment and takes effect without any conveyance, assignment or transfer, conferring title and control to the trustee for administration and distribution.


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