Which of the following sentence is true? anything which comes to the knowledge of the bankruptcy trustee shall be deemed to have come to the knowledge of the successor of the bankruptcy trustee at the same time. anything whichcomes;to the knowledge of a personbeforeheisàppointed as a bankruptcy trustee'sháll be deemed to have come to his knowledge on the date of his appointment as bankruptcy trustee
July 06, 2020
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Undervalued Transaction is when bankrupt enters into an undervakiea transaction with any person if he makes a gift to that person no consideration has been received by that person from the bankrupt. (c) it is in consideration of marriage it is for a consideration, the value of which inmoney or money's wOrth is significantly less than the value in money or money's worth of the consideration provided by the bankrupt
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