Central Act
172
Section 172. Proof of debt by secured creditors.
The Insolvency and Bankruptcy Code, 2016.
In forceAll India (Central Act)
172. Proof of debt by secured creditors. (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.