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      Question

      What does resolution plan

      mean?
      A Resolution plan provided by the corporate debtor under section 54A Correct Answer Incorrect Answer
      B Plan proposed by any person for insolvency resolution of the corporate debtor as a going concern in accordance with Part II; Correct Answer Incorrect Answer
      C Both a & b Correct Answer Incorrect Answer
      D Plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II Correct Answer Incorrect Answer
      E All a b & c Correct Answer Incorrect Answer

      Solution

      IBC   Section 5 (26) “resolution plan” means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II.

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