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Distribution of property.

Section 175 - Act - ADMINISTRATION AND DISTRIBUTION OF THE ESTATE OF THE BANKRUPT - Insolvency and Bankruptcy Code, 2016 - Section 175 - 175. (1) The bankruptcy trustee may, with the approval of the committee of creditors, divide in its existing form .....

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by the bankruptcy trustee for each transaction, and a person dealing with the bankruptcy trustee in good faith and for value shall not be required to enquire whether any approval required under sub-section (1) has been given. (3) Where the bankruptcy .....

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