Proof of debt by secured creditors . — (1) Where a secured creditor realises his security, he may produce pro… — THE INSOLVENCY AND BANKRUPTCY CODE, 2016 Last Update 18-8-2021

Proof of debt by secured creditors . — (1) Where a secured creditor realises his security, he may produce proof of the balance due to him.

172. Proof of debt by secured creditors . — (1) Where a secured creditor realises his security, he may produce proof of the balance due to him. (2) Where a secured creditor surrenders his security to the bankruptcy trustee for the general benefit of the creditors, he may produce proof of his whole claim.

Section 172