📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Upon complete liquidation of the assets of a corporate

      debtor, to which authority should the liquidator make an application for the dissolution of the corporate debtor?
      A The creditors' committee Correct Answer Incorrect Answer
      B The Tribunal Correct Answer Incorrect Answer
      C The Board of Directors Correct Answer Incorrect Answer
      D The Insolvency and Bankruptcy Board of India Correct Answer Incorrect Answer
      E The Registrar of Companies Correct Answer Incorrect Answer

      Solution

      IBC Section 54-Dissolution of corporate debtor: (1) Where the assets of the corporate debtor have been completely liquidated, the liquidator shall make an application to the Adjudicating Authority for the dissolution of such corporate debtor.

      Practice Next
      More Other Laws and Acts Questions
      ask-question