Home Acts & Rules IBC Act Insolvency and Bankruptcy Code, 2016 Chapters List Chapter V (of Part III) ADMINISTRATION AND DISTRIBUTION OF THE ESTATE OF THE BANKRUPT This
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Section 156 - Delivery of property and documents to bankruptcy trustee. - Insolvency and Bankruptcy Code, 2016Extract Delivery of property and documents to bankruptcy trustee. 156. The bankrupt, his banker or agent or any other person having possession of any property, books, papers or other records which bankruptcy trustee is required to take possession for the purposes of the bankruptcy process shall deliver the said property and documents to the bankruptcy trustee. *********** 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
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