Section 149 - Functions of bankruptcy trustee. - Insolvency and Bankruptcy Code, 2016

CHAPTER V ADMINISTRATION AND DISTRIBUTION OF THE ESTATE OF THE BANKRUPT Functions of bankruptcy trustee. 149. (1) The bankruptcy trustee shall perform the following functions in accordance with the provisions of this Chapter- (a) investigate the affairs of the bankrupt; (b) realise the estate of the bankrupt; and (c) distribute the estate of the bankrupt. *********** Notes:- 1. Come into the force w.e.f. 01-12-2019 [F. No. 30/21/2018-Insolvency Section]. S.O. 4126(E) Dated 15-11-2019