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A Bankruptcy Law Reforms Committee was set up in 2014 for providing an entrepreneur friendly legal bankruptcy framework for meeting global standards for improving the ease of doing business with necessary judicial capacity. Accordingly, the Insolvency and Bankruptcy Code (IBC), 2016, became operational in 2016. The Code aims to promote entrepreneurship, availability of credit, and balance the interests of all the stakeholders by consolidating and amending the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals. It is being implemented by ministry of corporate affairs.
A container contains Alcohol and water in ratio of 4:3 and Capacity of Container is 28 lit. If half of the Container is replaced with 25 lit of water th...
In a blend of 183 liters consisting of juice and honey, the quantity of juice exceeds that of honey by 69 liters. When two-third of the mixture is subst...
A mixture of lime and water contains 3a liters lime and (a + 40) liters water. Upon adding 20 liters more water, the ratio of quantity of water to that ...
In a mixture of milk & water, 40 litres water is mixed due to which ratio changes from 3 : 4 to 1 : 4. Find initial quantity of mixture. (in litres)
A container contains a mixture of wine and water in the ratio of 4:1. 150 litres of the mixture was taken out and 50 litres of water was added to it. If...
An 800 ml mixture consists of 60% milk. After adding ‘x’ ml of milk and ‘2x’ ml of honey, the milk-to-honey ratio changes to 9:10. Determine the...
In a mixture of alcohol & water, 30 litres water is mixed due to which ratio changes from 3:4 to 1:2. Find initial quantity of mixture. (in l...
A container holds 300 litres of pure juice. 120 litres of juice is removed and replaced with an equal amount of water. This operation is done two more t...