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Explanation: Section 4-Application of this Part- (1) This Part shall apply to matters relating to the insolvency and liquidation of corporate debtors where the minimum amount of the default is one lakh rupees: Provided that the Central Government may, by notification, specify the minimum amount of default of higher value which shall not be more than one crore rupees- Notification- In exercise of the powers conferred by the proviso to section 4 of the IB Code, 2016, the Central Government hereby specifies one crore rupees as the minimum amount of default for the purposes of the said section.
Under the Co-Lending Model (CLM) between banks and NBFCs , what is the minimum share of loans that NBFCs must retain ?
Investment in debt instrument for which the company has intention to receive contractual cash flows and for which, the debt gives contractual cash flows...
Under the SARFAESI Act, an Asset Reconstruction Company (ARC) is required to resolve an NPA within a maximum period of __ ______, after acquiring it?
Which of the following statements about mutual funds is/are accurate?
1. Open-ended mutual funds allow investors to buy and sell units at any tim...
Which of the following is the new interest rate benchmark, introduced by RBI, based on secured money markets, as a better replacement to MIBOR ?
How many PM MITRA Parks have been approved by the government, and what is the total outlay over seven years?
Sukanya Samriddhi Account Scheme is one of the major schemes of Government of India targeted at the parents of girl children. The scheme encourages pare...
India’s first Long term Fiscal policy was adopted during the tenure of ..................... as Minister of Finance.
Which of the following is NOT a disadvantage of the systems approach?
Which of the following appears under the heading 'Reserves & Surplus' in the balance sheet?