The term “financial creditor” in the Insolvency and Bankruptcy Code (IBC) in India means?
A financial creditor is a broad term that encompasses individuals, companies, banks, financial institutions, or any other entity that has provided financial credit or loans to a debtor. It includes entities that have extended credit facilities such as loans, debentures, bonds, or any other form of financial assistance, and have a legally enforceable claim against the debtor. Under the IBC, financial creditors have the right to initiate insolvency proceedings against a debtor if the debtor fails to repay the financial debt. They have the power to file a petition for the resolution of the debtor's insolvency and participate in the insolvency resolution process.
What is the range of Drainage coefficient?
What is the penalty provision for adulterated food but not injurious and not within prescribed specifications or misbranded or non – injurious adulter...
Which part of sugarcane is preferred for sowing?
Tillers cut near base at 45° angle and developing buds or ripening grains chewed are the damaging symptoms of
The unit of spectral energy fluence rate is
Norin 10 is dwarfing gene of
Which of the following type of plough is generally used for the breaking the hard pans?
In which year the National Food Security Act was passed?
Which of the following is not a rule made under National Food Security Act, 2013?
Which agenda of SDGs of UN addresses zero hunger?
