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  • section 172-proof-of-debt-by-secured-creditors-66829fd028263b967f09b0f8
Section 171Section 173
Section 172

Proof of Debt by Secured Creditors.

The Insolvency and Bankruptcy Code, 2016.
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(1) Where a secured creditor realises his security, he may produce proof of the balance due to him.

(2) Where a secured creditor surrenders his security to the bankruptcy trustee for the general benefit of the creditors, he may produce proof of his whole claim.




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