📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    What does resolution plan mean as per the

    IBC?
    A Resolution plan provided by the corporate debtor under section 54A Correct Answer Incorrect Answer
    B Plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II Correct Answer Incorrect Answer
    C Plan proposed by any person for insolvency resolution of the corporate debtor as a going concern in accordance with Part II Correct Answer Incorrect Answer
    D Either a or b or c Correct Answer Incorrect Answer

    Solution

    IBC Section 5 (26) “resolution plan” means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II.

    Practice Next
    More Other Laws and Acts Questions