ADVOKS GLOBAL · KENYA
Insolvency Act
282. Effect of deed of composition
Edition: 2022-12-31 · In force
282. Effect of deed of composition
When the Court has confirmed the deed and quashed the bankruptcy order—(a)the deed binds all the creditors in all respects as if they had each executed the deed; and(b)subject to the provisions of the Land Registration Act (Cap. 300), the bankrupt's property to which the deed relates vests, und is to be dealt with, as provided by the deed.