Q120
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
AnswerB.
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
Solution
Answer: Option A
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