New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Who shall constitute the Committee of Creditors as the

    IBC?
    A Resolution Professional Correct Answer Incorrect Answer
    B Central Government Correct Answer Incorrect Answer
    C Interim Resolution Professional Correct Answer Incorrect Answer
    D Insolvency and Bankruptcy Board of India Correct Answer Incorrect Answer
    E Supreme Court Correct Answer Incorrect Answer

    Solution

    Section 21-Committee of creditors- (1) The interim resolution professional shall after collation of all claims received against the corporate debtor and determination of the financial position of the corporate debtor, constitute a committee of creditors.

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