Where a person is made bankrupt, any disposition of property made by that person in the period to which the following provisions apply1 is void except to the extent that it is or was made with the consent of the court, or is or was subsequently ratified by the court2. The above provisions apply to a payment, whether in cash or otherwise, as they apply to a disposition of property and, accordingly, where any payment is void by virtue of the above provisions, the person paid must hold the sum paid
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