Question

    Under the Insolvency and Bankruptcy Code (IBC), what is

    the time limit for completing the Corporate Insolvency Resolution Process (CIRP)?
    A 90 days Correct Answer Incorrect Answer
    B 120 days Correct Answer Incorrect Answer
    C 180 days Correct Answer Incorrect Answer
    D 270 days Correct Answer Incorrect Answer
    E 330 days Correct Answer Incorrect Answer

    Solution

    The maximum permissible time (including extensions) to complete CIRP is 330 days as per IBC.

    Practice Next

    Relevant for Exams: