Section154
The Insolvency and Bankruptcy Code, 2016

Vesting of estate of bankrupt in bankruptcy trustee

In force Act 31 of 2016 As on 16 Oct 2026

Act 31 of 2016 Ministry Corporate Affairs Enacted 28 May 2016 Cited by 1 provision

Section 154 of the Insolvency and Bankruptcy Code, 2016 deals with vesting of estate of bankrupt in bankruptcy trustee. The estate of the bankrupt shall vest in the bankruptcy trustee immediately from the date of his appointment. The Act was enacted on 28 May 2016.

(1) The estate of the bankrupt shall vest in the bankruptcy trustee immediately from the date of his appointment.

(2) The vesting under sub-section (1) shall take effect without any conveyance, assignment or transfer.

Section 154, The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Questions about Section 154

What does Section 154 of the Insolvency and Bankruptcy Code deal with?

Section 154 of the Insolvency and Bankruptcy Code is headed "Vesting of estate of bankrupt in bankruptcy trustee". The estate of the bankrupt shall vest in the bankruptcy trustee immediately from the date of his appointment.

How do I find court cases under Section 154 of the Insolvency and Bankruptcy Code?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Insolvency and Bankruptcy Code 154, section 154 Insolvency and Bankruptcy Code, section 154 of the Insolvency and Bankruptcy Code. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 154 of the Insolvency and Bankruptcy Code, and has it changed?

1 other provision in this corpus refers back to it.

When was Section 154 of the Insolvency and Bankruptcy Code enacted?

Section 154 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 154, was enacted on 28 May 2016 as Act 31 of 2016. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 16 Oct 2026. This page is not a substitute for legal advice.