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.
Statement: Only a few Earth is Sun.
           All Sun is Moon.
          Only Moon is Stars.
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statements:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Some nails are hairs.
                                ...
Statement : Some rooms are stores..
All stores are godowns.
All godowns are warehouses.
No warehouse is a product.
Conclu...
In the question below there are three statements followed by three conclusions I, II and III. You have to take the four given statements to be true eve...
Three statements are given, followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to be at variance with ...
Statements: All colours are boxes.
     No box is a book.
Conclusions: I. Some boxes are not books.
    II. Some c...
Statements:
Some medals are sports.
All the sports are games.
Conclusions:
I. Some medals are games.
II. No sport is medal
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if ...
