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    Question

    Who is a financial creditor under the

    IBC?
    A Any person to whom a financial debt is owed Correct Answer Incorrect Answer
    B Any person having a claim on the services of a second party Correct Answer Incorrect Answer
    C Any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to Correct Answer Incorrect Answer
    D Both (a) & (b) Correct Answer Incorrect Answer
    E Both (b) & (c) Correct Answer Incorrect Answer

    Solution

    Any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to, as per Section 5 (7).

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