Home › Acts › THE INSOLVENCY ACT, 1955 › Section 70 State Act
70
Section 70. Right of insolvent to surplus. THE INSOLVENCY ACT, 1955
Act no. 2 of 1956 1956 In force Kerala (State Act)
70. Right of insolvent to surplus.—The insolvent shall be entitled to any surplus remaining after payment in full of his creditors with interest as provided by this Act, and of the expenses of the proceedings taken thereunder.
Nearby sections Read the whole Act
Ask Kanoon Kaka Describe your situation in your own words, and Kanoon Kaka will point you to the sections that bear on it, in plain language, with every one of them cited.
This is general legal information drawn from the text of bare Acts published on India Code. It is not legal advice, outcomes depend on the specific facts, and the Acts Kanoon Kaka has loaded are not the whole of Indian law. Consult a qualified advocate enrolled with your State Bar Council before initiating any action.
