Question

______________________ as per the IBC means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred

A Operational creditor Correct Answer Incorrect Answer
B Operative creditor Correct Answer Incorrect Answer
C Financial creditor Correct Answer Incorrect Answer
D Corporate creditor Correct Answer Incorrect Answer
E Either a or b or d Correct Answer Incorrect Answer

Solution

IBC Section 5 Definitions (20) “operational creditor” means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred.

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