Question
Which is correct statement with respect to Liquidation
Estate?Solution
Section 36-Liquidation estate- (1) For the purposes of liquidation, the liquidator shall form an estate of the assets mentioned in sub-section (3), which will be called the liquidation estate in relation to the corporate debtor. (2) The liquidator shall hold the liquidation estate as a fiduciary for the benefit of all the creditors.
What does resolution plan mean?
Which of the following is correct about altering the boundaries of any State?
Which of the following is an exception to S.132?
Under the Industrial Disputes Act, 1947, Section 2A deems a dispute as "Industrial Dispute" automatically if:
Under the SARFAESI Act, 2002, the "Secured Creditor" refers to:
How may a conciliator communicate with the parties in a conciliation process?
Under Section 2(ac) of the Securities Contracts (Regulation) Act, 1956, which of the following is EXCLUDED from the definition of "Derivatives"?
The mortgagor ostensibly sells the mortgaged property in-
Section 221 provides that for offences under Section 67 BNSS where the parties are married—
According to Sale of Goods Act, 1930 “goods”
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