Question
Who shall constitute the committee of creditors as per
section 21 of the IBC?Solution
Section 21-Committee of creditors: (1) The interim resolution professional shall after collation of all claims received against the corporate debtor and determination of the financial position of the corporate debtor, constitute a committee of creditors.
Raj invested Rs.35000 in a business. After 6 months, Rohan joins him with an investment of Rs.P. If at the end of the year the profit is Rs.60000 and pr...
‘A’ and ‘B’ together started a business by investing their capitals in ratio 3:2, respectively. Nine months later, they both invested Rs. 500 mo...
A started a business with an investment of Rs.1500. After some months, B joins the business with an investment of Rs.3000 and after two more months C jo...
A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 16,000. If out of a total profit of Rs. 900, A gets Rs. 500 an...
Aman, Bittu, and Ramesh initiated a business with investments of Rs. 4,000, Rs. 4,500, and Rs. 6,000, respectively. Ramesh invested for 2 months longer ...
Aman, Bhanu, and Chinky commenced a business with initial investments in the ratio 5:7:8, respectively. After one year, they made additional investments...
'A', 'B' and 'C' started a business together such that 'A' invested a 35% of the total capital invested by 'A', 'B' and 'C' together, 'B' invested 40% o...
A and B launched a business with initial investments of Rs. 2000 and Rs. 3600, respectively. Three months into the venture, C came on board with an inve...
A, B and C started a business with investments of Rs.24000, Rs.45000 and Rs.63000 respectively and they invested the amounts for (x + 4) months, x month...
A starts business with Rs.8000 and after 6 months, B joins with A as his partner. After a year, the profit divided in the 4:5. What is B’s contributi...
Relevant for Exams:
