Section 149 – The Insolvency and Bankruptcy Code, 2016

Functions of bankruptcy trustee

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.

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CA Bhuvnesh Goyal Partner
CA Bhuvnesh Goyal is a Chartered Accountant with expertise in taxation, finance, and business compliance. He shares practical insights to help readers navigate complex financial matters with ease.