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Distribution of interim dividend.

Section 174 - Act - ADMINISTRATION AND DISTRIBUTION OF THE ESTATE OF THE BANKRUPT - Insolvency and Bankruptcy Code, 2016 - Section 174 - 174. (1) Whenever the bankruptcy trustee has sufficient funds in his hand, he may declare and distribute interim .....

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e distributed. (3) In the calculation and distribution of the interim dividend, the bankruptcy trustee shall make provision for- (a) any bankruptcy debts which appear to him to be due to persons who, by reason of the distance of their place of reside .....

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