Insolvency and Bankruptcy Code (IBC) – Section-156

Delivery of property and documents to bankruptcy trustee

Section 156: 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.

Leave a comment