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      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).

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