Question
In the context of the Insolvency and Bankruptcy Code,
what action can a creditor take if they disagree with the decision made by the liquidator regarding the acceptance or rejection of claims?Solution
IBC Section 42 A creditor may appeal to the Adjudicating Authority against the decision of the liquidator accepting or rejecting the claims within fourteen days of the receipt of such decision.
A question is given, followed by two statements numbered (I) and (II). You have to decide whether the data provided in the statements is sufficient to ...
A question is given, followed by two statements numbered (I) and (II). You have to decide whether the data provided in the statements is sufficient to ...
The question below consists of two statements 1 and 2. Decide whether the facts provided in the statements are sufficient to answer the question. Â
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