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After-acquired property of bankrupt.

Section 159 - Act - ADMINISTRATION AND DISTRIBUTION OF THE ESTATE OF THE BANKRUPT - Insolvency and Bankruptcy Code, 2016 - Section 159 - 159. (1) The bankruptcy trustee shall be entitled to claim for the estate of the bankrupt, any after-acquired pro .....

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on 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 knowledge of the bankruptcy trustee. (4) For the purposes of sub-section ( .....

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appointed as a bankruptcy trustee shall be deemed to have come to his knowledge on the date of his appointment as bankruptcy trustee. (5) The bankruptcy trustee shall not be entitled, by virtue of this section, to claim from any person who has acquir .....

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