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      Question

      Who can initiate the Corporate Insolvency Resolution

      Process (CIRP) under the Insolvency and Bankruptcy Code, 2016?
      A Only the Central Government Correct Answer Incorrect Answer
      B Only financial creditors Correct Answer Incorrect Answer
      C Financial creditor, operational creditor or the corporate debtor itself Correct Answer Incorrect Answer
      D Only the Insolvency and Bankruptcy Board of India Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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