Amendment status not verified — confirm the current text below against the official source.
Notwithstanding anything to the contrary contained in any law or contract, but subject to the provisions of sections 47 and 56, no alienation of any property belonging to a debtor, made by him before all his debts are discharged, shall be valid except with the previous sanction of the Court, if the debtor is a party to any proceedings under this Chapter, or to an award registered under this Chapter.