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      Question

      As per section 2(8) of the IBC a Corporate debtor

      means_________________
      A Corporate person who owes a debt Correct Answer Incorrect Answer
      B Corporate person who owes a debt to any person Correct Answer Incorrect Answer
      C Corporate person who owes a debt to any institution Correct Answer Incorrect Answer
      D Either a, b or c Correct Answer Incorrect Answer
      E Both a & b Correct Answer Incorrect Answer

      Solution

      The correct explanation is Under the Insolvency and Bankruptcy Code, 2016 (IBC), the definition of a Corporate Debtor is found in Section 3(8), not 2(8)

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