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Section 154

Vesting of estate of bankrupt in bankruptcy trustee . — (1) The estate of the bankrupt shall vest in the bankruptcy trustee immediately from the date of his appointment.

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154. Vesting of estate of bankrupt in bankruptcy trustee . — (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.