Section 45, The Bankruptcy Act, 2009

Any disposition of property not made in favour of apurchaser or incumbrancer in good faith and for valuable consideration, shall- 40 41 Restriction of rights of creditor under execution or attachment. baillif as to goods taken in execution. Avoidance of certain dispositions. (a) if the grantor becomes bankrupt within two years after the date of the disposition, be void against the trustee in the bankruptcy, (b) if the grantor becomes bankrupt at any subsequent time within six years after the date of the grant, be void against the trustee in the bankruptcy, unless the parties claiming under the grant can prove that the grantor was, at the time of making the disposition, able to pay all his debts without the aid of the property comprised in the disposition, and that the interest of the grantor in such property passed to the grantee on the execution thereof.