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Question

The first meeting of the committee of creditors shall be held within seven days of the_______________

A Appointment of resolution professional Correct Answer Incorrect Answer
B Constitution of the committee of creditors Correct Answer Incorrect Answer
C Appointment of interim resolution professional Correct Answer Incorrect Answer
D Application being made to the Adjudicating Authority for the initiation of the corporate insolvency resolution professional Correct Answer Incorrect Answer
E Recommendation for the appointment of the resolution professional by the Adjudicating Authority to the Board Correct Answer Incorrect Answer

Solution

IBC   Section 22-Appointment of resolution professional: (1) The first meeting of the committee of creditors shall be held within seven days of the constitution of the committee of creditors.

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