Question
What is the default amount for initiating the CIRP as
provided under the IBC?Solution
IBC Section 4-Application of this Part: (1) This Part shall apply to matters relating to the insolvency and liquidation of corporate debtors where the minimum amount of the default is one lakh rupees: Provided that the Central Government may, by notification, specify the minimum amount of default of higher value which shall not be more than one crore rupees:Ā Prescribed: Ā the Central Government hereby specifies one crore rupees as the minimum amount of default for the purposes of the said section.
According to the IRDA Act, 1999 intermediary or insurance intermediary includes__________________
According to Section 5of the IRDA Act, what is the tenure of office for the Chairperson and other whole-time members?
Consensus ad idem means
What is the effect of violation of the rule: āAudi Alteram Partemā on an administrative action?
Which of the following is not an exception to the general principle that āhearsay evidence is no evidenceā ?
What is the objective of Payment and Settlements Act?
A small company is a company whose paid-up capital and turn over shall________________
In tort law, what is the term for a wrongful act that leads to confinement or restraint of another person against their will?
How are the assets of any insurer in India be kept as per the Insurance Act, 1938?
After dissolution of the firm, goodwill of the firm __.
