Question
The directors, partners and one representative of
operational creditors, may attend the meetings of committee of creditors but shall not have any right to vote in such meetings.ย The statement is _____________Solution
IBC ย ย Section 24-Meeting of committee of creditors: (4) The directors, partners and one representative of operational creditors, as referred to in sub-section (3), may attend the meetings of committee of creditors, but shall not have any right to vote in such meetings: Provided that the absence of any such director, partner or representative of operational creditors, as the case may be, shall not invalidate proceedings of such meeting.
P and Q are two numbers. Their average is 420, and the sum of P and Q is 200% of P. What percentage of P is the difference between P and Q?
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