Question

According to the provisions of the IBC where any person is a financial creditor as well as an operational creditor such person shall_______________________

Q: Answer-According to the provisions of the IBC where any person is a financial creditor as well as an operat...

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.

A Be considered to be financial creditor to the extent of the operational debt owed by the corporate debtor to such creditor

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

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

D Either a or b or c

Practice Next

More Other Laws and Acts Questions

Section 337 of BNSS embodies which fundamental legal principle?
Confession by the accused while in custody of police is not admissible as provided under Section?
In the context of the Information Technology Act, 2000, who is referred to as the person in whose name the electronic signature certificate is issued?
What are the essential elements that constitute extortion?
The Court in the case of Durga Prasad v. Baldeo specified the___________
Under Explanation IV to Section 11 of CPC (Constructive Res Judicata), which of the following statements is correct?
On which date was the Limited Liability Partnership Act enacted?
Under Section 152(1), a Magistrate may issue a conditional order for removal of nuisance when—
As per the first proviso to Section 4B(1), extension of the Director’s tenure “up to one year at a time” can be granted in public interest:
Under which Section of The Indian Evidence Act. 1872 secondary evidence relating to documents may be given in certain cases?

Relevant for Exams:

CBI APP and PP

Hey! Ask a query

According to the provisions of the IBC where any person is a financial creditor as well as an operational creditor such person shall_______________________

Detailed Solution

More Other Laws and Acts Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login