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Insolvency and Bankruptcy Code, 2016

Section 149: Functions of bankruptcy trustee

Chapter V — Administration and Distribution of the Estate of the Bankrupt

The bankruptcy trustee shall perform the following functions in accordance with the provisions of this Chapter –

(a) investigate the affairs of the bankrupt;

(b) realise the estate of the bankrupt; and

(c) distribute the estate of the bankrupt.

Source: official text of the Insolvency and Bankruptcy Code, 2016.