After-acquired property of bankrupt.

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..... 2) A notice under sub-section (1) shall not be served in respect of - (a) excluded assets; or (b) any property which is acquired by or devolves upon the bankrupt after a discharge order is passed under section 138. (3) The notice under sub-section (2) shall be given within fifteen days from the day on which the acquisition or devolution of the after-acquired property comes to the knowledg .....

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..... udicating Authority. Explanation .- For the purposes of this section, the term after-acquired property means any property which has been acquired by or has devolved upon the bankrupt after the bankruptcy commencement date. *********** 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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