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.
Give one word substitutes for the following from the choices given below them.
Language that describes something with obvious and intentional ex...
- Choose the option which can be substituted for the given words/sentence.
One who believes that the pursuit of pleasure is the most important goal i... Apex
A. Their four-hour match on Centre Court was an apex .
B. Tinted photographs were an apex substitute for colour.
C. The man at...
Select the most appropriate option that can substitute the bold segment in the given sentence.
Oscar is the most prestigious award which is int...
In the following question there is a related pair of words given. Each pair is followed by four other pairs of words. Choose the pair from the given opt...
Select the option that can be used as a one-word substitute for the given group of words.
A person having significant experience in an occupation
In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
Extreme or indefinite...
select the most appropriate option to substitute the bold segment in the given sentence. If there is no need to substitute it , select ‘ No Substituti...
Select the most appropriate option that can substitute the bold segment in the given sentence. If there is no need to substitute it, select ‘No substi...
Select the option that can be used as a one-word substitute for the given group of words.
A shortened version of a larger work