Question
Insolvency and Bankruptcy Code was implemented through
an act of Parliament . It got Presidential assent in which year?Solution
Insolvency and Bankruptcy Code 2016 was implemented through an act of Parliament . It got Presidential assent in May 2016. IBC applies to companies, partnerships and individuals. It provides for a time- -bound process to resolve insolvency. When a default in repayment occurs, creditors gain control over debtor’s assets and must take decisions to resolve insolvency. Under IBC debtor and creditor both can start 'recovery' proceedings against each other.
Preparation and attempt are two stages for commission of an offence. Preparation is generally not punishable. The reason for making preparation not pun...
Under the Companies Act Appellate Tribunal means the__________________
Leading questions
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Which of the following is the oldest mountain range in India ?
Naz Foundation v Govt of NCT of Delhi is related to Section ………. of IPC
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