Question
A preference shall be deemed to be given at a relevant
time under the IBC if it is given to a related party, during the period of________________________Solution
Two years preceding the insolvency commencement date, Explanation: Section 43-Preferential transactions and relevant time: (4) A preference shall be deemed to be given at a relevant time, if— (a) it is given to a related party (other than by reason only of being an employee), during the period of two years preceding the insolvency commencement date; or (b) a preference is given to a person other than a related party during the period of one year preceding the insolvency commencement date.
What is the primary function of the ‘Jago Grahak Jago App’ launched by the Department of Consumer Affairs?
What is the total amount collected from GST on online gaming in six months, as reported in the 54th GST Council meeting?
What historic aspect relates to the expected invitation of Indonesia’s President Prabowo Subianto as the chief guest for India’s Republic Day in 202...
which state in India will receive a $141.12 million loan from the Asian Development Bank (ADB) for the development of internal infrastructure in three i...
What is the purpose of the 'Mukhyamantri Majhi Ladki Bahin Yojana' launched in Maharashtra?
The Insurance Regulatory and Development Authority of India (IRDAI) has made changes to the approval process for insurance products.What changes have be...
Which cricketer retired from Test cricket on July 12, 2024, at Lord's Cricket Ground, ending a 21-year career with 704 wickets in 188 Tests?
SC in a 4:1 majority verdict upholds decision to demonetize the Rs ____ and Rs ____ denomination notes.
What is the purpose of the Anusandhan National Research Fund under Priority 8 of the budget?
Where are the headquarters of ITC Ltd?
