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      Question

      According to the provisions of the IBC where any person

      is a financial creditor as well as an operational creditor such person shall_______________________
      A Be considered to be financial creditor to the extent of the operational debt owed by the corporate debtor to such creditor Correct Answer Incorrect Answer
      B Be a financial creditor to the extent of the financial debt owed by the corporate debtor and be included in the committee of creditors Correct Answer Incorrect Answer
      C Be at the discretion to be either financial or operational creditor to the extent of entire debt owned by the corporate debtor to such creditor Correct Answer Incorrect Answer
      D Either a or b or c Correct Answer Incorrect Answer

      Solution

      IBC Section 24-Meeting of committee of creditors: (1) The members of the committee of creditors may meet in person or by such electronic means as may be specified.

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