📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      As per the IBC the pre-packaged insolvency resolution

      process shall commence from ________________
      A The date of admission of the application Correct Answer Incorrect Answer
      B The date of rejection of the application Correct Answer Incorrect Answer
      C The date of submission of the application Correct Answer Incorrect Answer
      D Such date as the Adjudicating Authority may specify in this behalf Correct Answer Incorrect Answer

      Solution

      The date of admission of the application, Explanation: Section 54C-Application to initiate prepackaged insolvency resolution process: (5) The pre-packaged insolvency resolution process shall commence from the date of admission of the application under clause (a) of sub-section (4).

      Practice Next
      More Administrative Interpretation and Maxims Questions
      ask-question