📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    What is the time period within which the pre-packaged

    insolvency resolution process shall be completed?
    A One hundred and eighty days Correct Answer Incorrect Answer
    B One hundred and twenty days Correct Answer Incorrect Answer
    C Two hundred and twenty days Correct Answer Incorrect Answer
    D Three hundred and twenty days Correct Answer Incorrect Answer

    Solution

    Explanation: Section 54D-Time-limit for completion of pre-packaged insolvency resolution process- 54D. (1) The pre-packaged insolvency resolution process shall be completed within a period of one hundred and twenty days from the pre-packaged insolvency commencement date.

    Practice Next
    More Administrative Interpretation and Maxims Questions
    ask-question