Section 43, The Bankruptcy Act, 2009

(1) Where a creditor has issued execution against theproperty of a debtor or has attached any debt due to him, he shall not be entitled to retain the benefit of the execution or attachment against the trustee in bankruptcy of the debtor unless he has completed the execution or attachment before the date of the receiving order and before notice of the presentation of any bankruptcy petition by or against the debtor, or of the commission of any available act of bankruptcy by the debtor. (2) For the purposes of this section- (a) an execution shall be deemed to be completed by seizure and sale; (b) an attachment of a debt is completed by receipt of the debt; and (c) an execution against land is completed by seizure, or, in the case of any equitable interest in lands, houses or other immovable property, by the appointment of a receiver or manager. (3) An execution completed under this section is not invalid by reason only of its being an act of bankruptcy, and a person who purchases the goods in good faith under a sale by the bailiff shall, in all cases acquire a good title to them against the trustee in