Question
As per the provisions of IBC, the committee of creditors
may approve a resolution plan by what percentage of voting share of the financial creditors?Solution
Section 30-Submission of resolution plan : (4) The committee of creditors may approve a resolution plan by a vote of not less than sixty-six per cent, of voting share of the financial creditors, after considering its feasibility and viability the manner of distribution proposed, which may take into account the order of priority amongst creditors as laid down in sub-section (1) of section 53, including the priority and value of the security interest of a secured creditor, and such other requirements as may be specified by the Board.
In a maneuver never before attempted, (1)/Â the 232-foot-tall Super Heavy booster (2)/Â executed a series of precise (3)/ burns to aligned itself wit...
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Read the following sentence carefully and identify if there is any grammatical error in it. If you find any error, choose the part (A, B, C, or D) cont...
Given that the policy framework is currently under intense scrutiny, ensuring that adequate resources are allocated to the most critical sectors in a ti...
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Despite of all the importance attached to water, there has been no effective mechanism adopted to prevent its pollution.
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In the following questions, a sentence is divided into four parts. Choose the part(s)Â of the sentence which may contain a grammatical error in it. If...
Read the sentence to find out whether there is any grammatical or idiomatic error in it. The error, if any, will be in one part of the sentence. The le...
Identify the segment in the sentence, which contains the grammatical error.
One should be careful to re-read what they has written.