ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    тЪб Month End Offer - Flat 52% Off On All Courses! Enroll Now тЪб
    00:00:00 AM Left

    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 a liquidator Correct Answer Incorrect Answer
    C Any other information as may be specified by the Adjudicating Authority Correct Answer Incorrect Answer
    D All a b & c Correct Answer Incorrect Answer

    Solution

    Record of the default recorded with the information utility or such other record or evidence of default as may be specified, Explanation: Explanation: 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 an interim resolution professional; and (c) any other information as may be specified by the Board.

    Practice Next
    More Administrative Interpretation and Maxims Questions
    ask-question