Question
The withdrawal of the application admitted under section
7 or section 9 or section 10 may be withdrawn on an application made by the applicant with the approval of ninety per cent voting share of the committee of creditor, if allowed by ____________________as per IBC.Solution
Section 12-Time-limit for completion of insolvency resolution process: Section 12A. Withdrawal of application admitted under section 7, 9 or 10: The Adjudicating Authority may allow the withdrawal of application admitted under section 7 or section 9 or section 10, on an application made by the applicant with the approval of ninety per cent voting share of the committee of creditors, in such manner as may be prescribed.
One-fifth of a number is equal to two-fifths of 25% of another number. Determine the ratio of the two numbers.
A number series is given below. A second series is created using the incorrect numbers from the first series, following the same pattern as in Series I....
‘X’ and ‘Y’ are capable of finishing a work in 9 days and 12 days respectively. They worked together for 3 days. Find the number of days ‘Y’...
A train takes 3 hours to travel a certain distance at a speed of 60 km/h. If the speed is increased by 20 km/h, how long will it take to cover the same ...
What is the amount allocated for Transportation and Entertainment combined?
If (x – 1/x = 5√2), then find the value of {(x4 + 1/x4 ) ÷ 1351}.
A ladder leaning against a wall makes an angle of 60° with the ground. If the ladder is 10 meters long, how high up the wall does it reach?
A car travels 120 km at a speed of 40 km/h and returns at a speed of 60 km/h. Find the average speed of the car for the whole journey.
Income of A is twice the income of B. B and A spend 55% and 65% respectively of their incomes. Find the savings of A, if B saves Rs. 18000 in a month.