Question
What is the minimum default amount required to initiate
insolvency proceedings under the IBC as of the current 2024–2026 norms?ÂSolution
To protect MSMEs from being dragged into insolvency for small amounts, the threshold was increased from ₹1 Lakh to ₹1 Crore.
What records must every consumer mediation cell maintain according to the Consumer Protection Act?
Which of the following best describes the new provision replacing 'sedition' under the BNS, 2023?
An acceptor or indorser of negotiable instrument is bound by his acceptance or indorsement
Under which of the following circumstances does The Mediation Act, 2023 apply to mediation conducted in India?
Which section empowers the Special Judge to try PC Act offences?Â
Section 144(3) allows the Magistrate to consider the grounds of refusal of a wife to live with her husband, including—
Which of the following is correct relating to acceptance?
The PresidentÂ
What does the term "axle weight" refer to as per the Motor Vehicles Act?
Transfer of property to take effect after the lifetime of a person, who is in existence at the date of such a transfer is: