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Question

As laid down under section 7 of the IBC the financial creditor shall, along with the application furnish________________

A Record of the default recorded with the information utility or such other record or evidence of default as may be specified Correct Answer Incorrect Answer
B Name of the resolution professional proposed to act as an interim resolution professional Correct Answer Incorrect Answer
C Any other information as may be specified by the Adjudicating Authority Correct Answer Incorrect Answer
D Both a & b Correct Answer Incorrect Answer

Solution

Section 7-Initiation of corporate insolvency resolution process by financial creditor: (3) The financial creditor shall, along with the application furnish(a) record of the default recorded with the information utility or such other record or evidence of default as may be specified;(b) the name of the resolution professional proposed to act as aninterim resolution professional; and(c) any other information as may be specified by the Board.

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