Question
The Central Government specified ______________as the
minimum amount of default for the matters relating to the pre-packaged insolvency resolution process of corporate debtorSolution
Section 4-Application of this Part- Provided further that the Central Government may, by notification, specify such minimum amount of default of higher value, which shall not be more than one crore rupees, for matters relating to the pre-packaged insolvency resolution process of corporate debtors under Chapter III-A- he Central Government specified ten lakh rupees as the minimum amount of default for the matters relating to the pre-packaged insolvency resolution process of corporate debtor.
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