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Application for initiating pre-packaged insolvency resolution process may be made against the corporate debtor, who commits a default as laid down u/s 4 relating to default amount, classified as a micro, small or medium enterprise under section 7(1) of the Micro, Small and Medium Enterprises Development Act, 2006 • Conditions for initiating pre-packaged insolvency resolution process are: • it has not undergone pre-packaged insolvency resolution process or completed corporate insolvency resolution process, as the case may be, during the period of 3 years preceding the initiation date; • it is not undergoing a corporate insolvency resolution process; • no order requiring it to be liquidated is passed under section 33; • it is eligible to submit a resolution plan under section 29A • financial creditors of the corporate debtor, not being its related parties, representing not less than 66% in value of the financial debt due to such creditors, should proposed the name of the insolvency professional to be appointed as resolution professional for conducting the pre-packaged insolvency resolution process have approved such proposal in such form as may be specified
Water soluble and exchangeable potassium is how much percent of total potassium in soil?
NADP-Me type C4 pathway is found in
Which of the following weed is perennial but propagates predominantly through seeds?
Cyclones in the Bay of Bengal usually occur during the period.
In a combine harvester, the ratio of reel peripheral speed to the forward speed should normally be in the range of
According to FSSA rules, class II preservatives includes:
Which of the following is the scientific name of lesser grain borer:
Which of the following is a hybrid of basmati quality rice?
Variety of paprika suitable for color extraction from :
The four principles of organic farming do not include