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:Â Prescribed: Â the Central Government hereby specifies one crore rupees as the minimum amount of default for the purposes of the said section.
- In the given number series, find the wrong number.
120, 60, 30, 15, 7.5, 3.25, 1.875 - Find the wrong number in the given number series.
32, 48, 80, 108, 162, 243 547, 594, 640, 691, 741, 792
2, 6, 24, 96, 384, 1536, 6144
6.5, 11, 22, 25.5, 51, 54.5
16, 36, 128, 768, 6144, 61440
A-5,  A,  35,  52, 78, 115
Direction: Find the wrong number in given number series.
214, 230, 294, 550, 1574 , 5470.
24, 72, 36, 112, 54, 162
125, 600, 2400, 7200, 14400
