Question
Which is correct statement with respect to Liquidation
Estate?Solution
IBC, Section 36-Liquidation estate- (1) For the purposes of liquidation, the liquidator shall form an estate of the assets mentioned in sub-section (3), which will be called the liquidation estate in relation to the corporate debtor. (2) The liquidator shall hold the liquidation estate as a fiduciary for the benefit of all the creditors.
Can an employee nominate more than one person as a beneficiary for the gratuity amount under the Payment of gratuity Act 1972?
As per the provisions of the Social Security Code, 2020, no employer shall intentionally employ a woman in any establishment during what period immediat...
The Sangai deer is an endemic species found in which of the following Indian states?
To which theory of conservation is related the first law of thermodynamics ?
A man deposited 40% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 y...
Which of the following errors would not be detected by a trial balance?
Which of the following is/are incorrect in regards to Veer Bal Diwas?
1.It was celebrated in 2021 for the 1st time.
2.It will be celebrate...
Which one of the following statements regarding an Overseas Citizen of India (OCI) is not correct?
Harihara Raya I who ruled the Vijayanagar Empire for the period 1336- 1356 belonged to which dynasty?
L, P, R, V, X, Y and Z are sitting around a circular table facing the centre. Only one person sits between V and L, when counted from the right of V. On...
