Question
An application for initiating pre-packaged insolvency
resolution process under the IBC, 2016 _____________________Solution
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
After hearing the news, he was all ears for the rest of the conversation.
Fill in the blank given below using the correct idiom.Â
Despite the warnings, the explorers decided to venture deep into the jungle, completely _..."After months of struggling with the project, the team finally made significant progress and feels they are out of the woods. "
Select the most appropriate meaning of the given idiom.
Close fisted
"After the scandal, the politician was walking on thin ice with the voters."
- Select the most appropriate meaning of the bolded idiom.
Despite repeated warnings, the manager continued to ignore the financial irregularities an... An idiom is used in three sentences. You need to choose the right option that covers the correct usage amongst these three sentences.
...
In the following question a proverb/idiom us given. Select the option that best describes the meaning of the given proverb/idiom.
 let the ca...
After several months of hard work, the team finally brought home the bacon by completing the project ahead of schedule.Â
Select the most appropriate meaning of the given idiom.
All eyes