New Enroll in RBI Grade B New Batch - Starts on May 21

    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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