New FLASH SALE Dhamaka - Flat 60% Off on All Courses

    Question

    The interim resolution professional conducts the first

    meeting of the Committee of Creditors ________________
    A Within seven days of the constitution of the committee of creditors Correct Answer Incorrect Answer
    B Within seven days of the constitution of the committee of debtors Correct Answer Incorrect Answer
    C Within seven days of the appointment of the interim resolution professional Correct Answer Incorrect Answer
    D Within fourteen days of the approval of the Adjudicating Authority Correct Answer Incorrect Answer
    E Within fourteen days of the commencement of the corporate insolvency resolution process Correct Answer Incorrect Answer

    Solution

    Section 22-Appointment of resolution professional- (1) The first meeting of the committee of creditors shall be held within seven days of the constitution of the committee of creditors

    Practice Next