Supreme Court · 1999 INSC 5 · Decided 12 January 1999
P. Veerasamy v. Official Assignee, High Court, Madras
- Court
- Supreme Court of India
- Citation
- 1999 INSC 5 · [1999] 1 S.C.R. 37
- Case number
- CIVIL APPEAL No. 105/1999
- Decided
- 12 January 1999
- Bench
- S.B. MAJMUDAR, M. JAGANNADHA RAO (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 19(1)(g), 21
Headnote
B Presidency Towns I11solve11cyAct, 1909: Sections 2(e), 17 and 52(2)(a). Insolvent-Property of-After adjudicatiort--As a11 insolvent-Cohen's case-Rule laid down fo-1'Under Englisli law the 'after-acquired property' of C insolvent does not automatically vest i11 trustee or assignee unless the be gone into as the prese11t case is 11ot co11cemed with immovable property but adjudication by the i11solvent from his busi11ess which is covered by S. 60(2 ). Section 52(2)(a) a11d 6(}-[11solve11f-'Salary or income'-Eamed D by-After adjudicatiort--Attacl1able or 11on- attachable-Held, it
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