Examveda
Examveda

A sues B for recovery of possession of certain immovable property. The defence is that B is the full owner of the property. Pending the suit, B is adjudged insolvent and his estate vests in the official assignee. Because the order of adjudication operates:

A. As a statutory transfer of the interest of the insolvent in the subject-matter of the suit to the official assignee

B. As a non-statutory transfer of the interest of the insolvent in the subject-matter of the suit to the official assignee

C. Either A or B

D. None of these

Answer: Option A


This Question Belongs to Law >> Code Of Civil Procedure

Join The Discussion

Related Questions on Code of Civil Procedure