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Start learning 50% faster. Sign in nowThe following shall not be included in the liquidation estate assets and shall not be used for recovery in the liquidation: — (a) assets owned by a third party which are in possession of the corporate debtor, including— (i) assets held in trust for any third party; (ii) bailment contracts; (iii) all sums due to any workman or employee from the provident fund, the pension fund and the gratuity fund; (iv) other contractual arrangements which do not stipulate transfer of title but only use of the assets; and (v) such other assets as may be notified by the Central Government in consultation with any financial sector regulator; (b) assets in security collateral held by financial services providers and are subject to netting and set-off in multi-lateral trading or clearing transactions; (c) personal assets of any shareholder or partner of a corporate debtor as the case may be provided such assets are not held on account of avoidance transactions that may be avoided under this Chapter; (d) assets of any Indian or foreign subsidiary of the corporate debtor; or (e) any other assets as may be specified by the Board, including assets which could be subject to set-off on account of mutual dealings between the corporate debtor and any creditor.
Three numbers are in ratio 3:5:6. If the sum of the squares of those three numbers is 280 then find the sum of the three numbers.
70 percent of first number is equal to 40 percent of the second number. What is the respective ratio of the first number to the second number?
The ratio of males to females on a bus is 7:6. At the next stop, 7 males and 8 females exit the bus, while 4 males and 24 females board it. As a result,...
Rs.12000 was divided among A, B and C in the ratio 3:4:5. B kept Rs.1500 for himself, gave Rs.500 to his mother and divided the remaining money among hi...
If x runs are second by Rohit, y runs by Shreyas and z runs by Virat, then x : y = y : z = 5:4. If total number of runs scored by Rohit, Shreyas and Vir...
The ratio between two numbers is 2:3. If each number is increased by 6, the ratio between then become 4:5, find the difference between numbers.
In a class of 250 students, 150 are girls and remaining are boys. Among boys, the ratio of number of boys who are wearing caps to those who are not wear...
The ratio between two numbers is 3:4. If each number is increased by 8, the ratio between then become 5:6, find the difference between numbers.
Find the third proportion of √ 2, √ 7 and √ 21.
A person distributes Rs. 61,600 among 11 men, 13 women and 3 children. If each woman receives four times as much as each children and each man receives ...
