Question
Under section 34 relating to the appointment of a
liquidator the _______________ shall propose the name of another insolvency professional along with written consent from the insolvency professional in the specified formSolution
IBCÂ Insolvency and Bankruptcy Board of India, Explanation: Section 34-Appointment of liquidator and fee to be paid: (6) The Board shall propose the name of another insolvency professional along with written consent from the insolvency professional in the specified form within ten days of the direction issued by the Adjudicating Authority under sub-section (5).
A took a loan of Rs.6980 at simple interest of 25% p.a. and invested the same money in a scheme at simple interest of 35% p.a. Find the profit earned by...
Raghav placed an amount of Rs. 'x' in an account with an annual compound interest rate of R%. After 3 years, the compounded annual amount is Rs.12167. A...
A certain sum is lent at 4%.p.a. for 3 years, 8% p.a. for the next 4 years, and 12% pa, beyond 7 years. If for a period of 11 years the simple interest ...
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 20% p.a. for 2 years, is Rs....
The certain sum amounts to Rs 9,982.50 in 2(1/2) years at 12% p.a., interest compounded 10-monthly. The sum (in Rs) is:
A certain sum of money becomes Rs. 1300 in 1 year and 2700 in 3 years at certain rate of simple interest. Find the sum of money invested.
A car with a price of Rs.6,50,000 is bought by making some down payment. On balance, a simple interest of 10% is charged in lump sum and the money is to...
An individual invests ₹1,200 at a simple interest rate of 5% per annum. After 2 years, they add ₹800 to the investment, and the total amount remains...
The difference between compound and simple interest on a sum of money for 2 years at 25% per annum is Rs. 880. The sum is:
A certain sum when invested at compound interest of 5% p.a. amounts to Rs. 4410.25 in 2 years. Find the amount received when the same sum is invested at...