New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Who is the Corporate Debtor as per the Insolvency and

    Bankruptcy Code?
    A Corporate applicant who owes a debt Correct Answer Incorrect Answer
    B A legal entity owes a debt to any person Correct Answer Incorrect Answer
    C Company who borrows from any company Correct Answer Incorrect Answer
    D Corporate person who owes a debt to any person Correct Answer Incorrect Answer

    Solution

    IBC Section 3(8) “corporate debtor” means a corporate person who owes a debt to any person

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