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Effect of bankruptcy order.

Section 128 - Act - BANKRUPTCY ORDER FOR INDIVIDUALS AND PARTNERSHIP FIRMS - Insolvency and Bankruptcy Code, 2016 - Section 128 - 128. (1) On the passing of the bankruptcy order under section 126, - (a) the estate of the bankrupt shall vest in the ba .....

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all not- (i) initiate any action against the property of the bankrupt in respect of such debt; or (ii) commence any suit or other legal proceedings except with the leave of the Adjudicating Authority and on such terms as the Adjudicating Authority ma .....

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