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Question

What is moratorium period for small and startup firms under Insolvency and Bankruptcy Code 2016?

A 45 days Correct Answer Incorrect Answer
B 75 days Correct Answer Incorrect Answer
C 90 days Correct Answer Incorrect Answer
D 120 days Correct Answer Incorrect Answer
E 180 days Correct Answer Incorrect Answer

Solution

The code aims to address insolvencies in a strict time-bound manner in which the evaluation and viability determination must be completed within 180 days.

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